Common use of Retirement, Disability or Death Clause in Contracts

Retirement, Disability or Death. If Grantee’s employment is terminated with the Company on account of Retirement, Disability (as defined in the Plan) or death, the Restricted Shares shall be 100% vested on the date of Grantee’s Retirement, Disability or death.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Petroquest Energy Inc), Restricted Stock Agreement (Petroquest Energy Inc), Restricted Stock Agreement (Petroquest Energy Inc)

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Retirement, Disability or Death. If Grantee’s employment Employment is terminated with the Company on account of Retirement, Disability (as defined in the Plan) or death, the Restricted Shares shall be 100% vested on the date of Grantee’s Retirement, Disability or death.

Appears in 1 contract

Samples: Restricted Stock Agreement (Petroquest Energy Inc)

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