Common use of SBRSUs Clause in Contracts

SBRSUs. If you die or incur a disability (determined in the manner described below), your unvested SBRSUs shall thereupon become vested and no longer subject to forfeiture immediately and shall be settled in accordance with the terms on the preceding Designations pages under “Settlement” and Paragraph 3 hereof. The determination of disability under the Company’s long-term disability policy applicable to you (or which would be applicable if you had elected coverage) shall govern whether you are considered to have incurred a disability.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Horace Mann Educators Corp /De/), Restricted Stock Units Agreement (Horace Mann Educators Corp /De/), Restricted Stock Units Agreement (Horace Mann Educators Corp /De/)

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SBRSUs. If you die or incur a disability (determined in the manner described below), your unvested SBRSUs shall thereupon become vested and no longer subject to forfeiture immediately and shall be settled in accordance with the terms on the preceding Designations pages under “Settlement” and Paragraph 3 hereof. The determination of disability under the Company’s long-term disability policy applicable to you (or which would be applicable if you had elected coverage) shall govern whether you are considered to have incurred a disability.. (b)

Appears in 1 contract

Samples: Horace Mann Educators (Horace Mann Educators Corp /De/)

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