Termination from Employment. Notwithstanding anything to the contrary in this Section 2, if Participant’s employment with the Company terminates prior to any of the above vesting date(s), then Participant shall have no further rights with respect to such unvested Restricted Shares, except that (i) if Participant’s termination of employment is due to death or Disability, then the Compensation Committee may in its sole discretion cause any unvested Restricted Shares to vest. In addition, upon the occurrence of Change in Control, the Board may in its sole discretion cause any unvested Restricted Shares to vest.
Appears in 8 contracts
Samples: Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp), Restricted Stock Award Agreement (Ceco Environmental Corp)
