Common use of RSUs Clause in Contracts

RSUs. The Remaining Stock Units shall continue to vest in accordance with the terms of the Original RSU Award Documents, regardless of Executive’s termination of employment. Except as otherwise expressly provided herein, all such Remaining Stock Units shall be subject to, and administered in accordance with, the Original RSU Award Documents. Any of Executive’s restricted stock unit awards that have not become vested on or before the Termination Date, and that are outstanding at the Termination Date, but which are not Remaining Stock Units, shall automatically terminate on the Termination Date. Notwithstanding any term or provision of the Original RSU Award Documents:

Appears in 8 contracts

Samples: Employment Agreement (Walt Disney Co/), Employment Agreement (Walt Disney Co/), Employment Agreement (Walt Disney Co/)

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RSUs. The Remaining Stock Units shall continue to vest in accordance with the terms of the Original RSU Award Documents, Documents regardless of Executive’s termination of employment. Except as otherwise expressly provided herein, all such Remaining Stock Units shall be subject to, and administered in accordance with, the Original RSU Award Documents. Any of Executive’s restricted stock unit awards that have not become vested on or before the Termination Date, and that are outstanding at the Termination Date, but which are not Remaining Stock Units, shall automatically terminate on the Termination Date. Notwithstanding any term or provision of the Original RSU Award Documents:

Appears in 2 contracts

Samples: Employment Agreement (Walt Disney Co/), Employment Agreement (Walt Disney Co/)

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RSUs. The Remaining Stock Units shall continue to vest in accordance with the terms of the Original RSU Award Documents, regardless of Executive’s termination of employmentbut on the same basis as though Executive had remained employed through the Scheduled Expiration Date. Except as otherwise expressly provided herein, all such Remaining Stock Units shall be subject to, and administered in accordance with, the Original RSU Award Documents. Any of Executive’s restricted stock unit awards that have not become vested on or before the Termination Date, and that are outstanding at the Termination Date, but which are not Remaining Stock Units, shall automatically terminate on the Termination Date. Notwithstanding any term or provision of the Original RSU Award Documents:

Appears in 1 contract

Samples: Employment Agreement (Walt Disney Co/)

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