Common use of Retirement or Involuntary Termination Without Cause Clause in Contracts

Retirement or Involuntary Termination Without Cause. In the event the Employee incurs an involuntary Termination of Employment by the Company without Cause, or a voluntary Termination of Employment by reason of the Employee’s Retirement, the Committee reserves the right, exercisable by the Committee prior to or within 30 days following the date of the Employee’s Termination of Employment, to cause vesting of the remaining unvested Shares of Restricted Stock to be accelerated, in whole or in part, as of the date of such Termination of Employment.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Apogee Enterprises, Inc.), Restricted Stock Agreement (Apogee Enterprises, Inc.), Restricted Stock Agreement (Apogee Enterprises, Inc.)

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Retirement or Involuntary Termination Without Cause. In the event the Employee incurs an Employee’s employment is terminated prior to the end of the Restricted Period by reason of Retirement or involuntary Termination of Employment by the Company termination without Cause, or a voluntary Termination of Employment by reason of the Employee’s Retirement, the Committee (as defined in the Plan) reserves the right, exercisable by the Committee prior to or within 30 days following the date of the Employee’s Termination of EmploymentRetirement or involuntary termination without Cause, to cause vesting of the remaining unvested Shares of Restricted Stock to be accelerated, in whole or in part, as of the date of such Termination of EmploymentRetirement or involuntary termination.

Appears in 3 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Apogee Enterprises, Inc.), Restricted Stock Agreement (Apogee Enterprises Inc)

Retirement or Involuntary Termination Without Cause. In the event the Employee incurs an involuntary Termination of Employment by the Company without Cause, or a voluntary Termination of Employment by reason of the Employee’s Retirement, the Committee reserves the right, exercisable by the Committee prior to or within 30 days following the date of the Employee’s Termination of Employment, to cause vesting of the remaining unvested Shares of Restricted Stock Units to be accelerated, in whole or in part, as of the date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Apogee Enterprises, Inc.)

Retirement or Involuntary Termination Without Cause. In the event the Employee incurs an involuntary Termination of Employment by the Company without Cause, or a voluntary Termination of Employment by reason of the Employee’s Retirement, the Committee reserves the right, exercisable by the Committee prior to or within 30 days following the date of the Employee’s Termination of Employment, to cause vesting of the remaining unvested Shares of Restricted Stock Option to be accelerated, in whole or in part, as of the date of such Termination of Employment.

Appears in 1 contract

Samples: Stock Option Award Agreement (Apogee Enterprises, Inc.)

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Retirement or Involuntary Termination Without Cause. In the event the Employee Participant incurs an involuntary Termination of Employment by the Company without Cause, or a voluntary Termination of Employment by reason of the Employee’s Participant's Retirement, the Committee reserves the right, exercisable by the Committee prior to or within 30 days following the date of the Employee’s Participant's Termination of Employment, to cause vesting of all or a portion of the remaining unvested Shares of Restricted Stock Units to be accelerated, in whole or in part, as of the date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alpine Summit Energy Partners, Inc.)

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