Qualified Liquidity Event. Upon the occurrence of a Qualified Liquidity Event, all Restricted Stock Units shall immediately vest, subject to Participant’s continuous Service with the Company through the date of such Qualified Liquidity Event.
Appears in 2 contracts
Samples: Officer Restricted Stock Unit Award Agreement (Penn Virginia Corp), Restricted Stock Unit Award Agreement (Penn Virginia Corp)
Qualified Liquidity Event. Upon the occurrence of a Qualified Liquidity EventEvent that also constitutes a “change in control event” under Section 409A of the Code, all Restricted Stock Units shall immediately vest, subject to Participant’s continuous Service with the Company through the date of such Qualified Liquidity Event.
Appears in 2 contracts
Samples: Director Restricted Stock Unit Award Agreement (Penn Virginia Corp), Director Restricted Stock Unit Award Agreement (Penn Virginia Corp)
Qualified Liquidity Event. Upon the occurrence of a Qualified Liquidity Event, all the number of Restricted Stock Units that shall immediately vestvest shall be determined in accordance with each of the Schedules, subject to Participant’s continuous Service with the Company through the date of such Qualified Liquidity Event.
Appears in 1 contract
Samples: Performance Restricted Stock Unit Award Agreement (Penn Virginia Corp)
Qualified Liquidity Event. Upon the occurrence of a Qualified Liquidity Event, all Restricted Stock Units shall that remain unvested as of such date will immediately vest, subject to Participant’s continuous Service with the Company through the date of such Qualified Liquidity Event.
Appears in 1 contract
Samples: Director Deferred Restricted Stock Unit Award Agreement (Vanguard Natural Resources, Inc.)
