Common use of Termination in Connection with a Sale Event Clause in Contracts

Termination in Connection with a Sale Event. Notwithstanding Section 4(b) above, if the Grantee’s employment with the Company or its Subsidiaries is terminated by the Company without Cause within 24 months after a Sale Event, this Award shall become fully vested as of the date of such termination of employment.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp)

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Termination in Connection with a Sale Event. Notwithstanding Section 4(b) above, if the Grantee’s employment with the Company or its Subsidiaries is terminated by the Company without Cause or by the Grantee for Good Reason in either case within 24 months after a Sale Event, this Award shall become fully vested as of the date of such termination of employment.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp)

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Termination in Connection with a Sale Event. Notwithstanding Section 4(b) above, if the Grantee’s employment Service Relationship with the Company or its Subsidiaries is terminated by the Company without Cause or by the Grantee for Good Reason in either case within 24 months after a Sale Event, this Award shall become fully vested as of the date of such termination of employment.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp)

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