Termination of Employment by Participant For Good Reason or by the Company Without Cause following a Triggering Event. Except as may otherwise be provided under the terms of an applicable employment agreement between the Participant and the Company or an Affiliate of the Company and subject to any additional terms of such employment agreement, upon termination of the Participant’s employment by Participant for Good Reason or by the Company without Cause, in either case, following the occurrence of a Triggering Event, any Share Units that are unvested as of the date of such termination shall vest immediately as of such termination date.
Appears in 8 contracts
Samples: Share Unit Award Agreement (Xenia Hotels & Resorts, Inc.), Share Unit Award Agreement (Xenia Hotels & Resorts, Inc.), Share Unit Award Agreement (Inland American Real Estate Trust, Inc.)
Termination of Employment by Participant For Good Reason or by the Company Without Cause following a Triggering Event. Except as may otherwise be provided under the terms of an applicable employment agreement between the Participant and the Company or an Affiliate of the Company and subject to any additional terms of such employment agreement, upon termination of the Participant’s employment by Participant for Good Reason or by the Company without Cause, in either case, following the occurrence of a Triggering Event, any Share Units that are unvested as of the date of such termination shall vest and be settled immediately as of such termination date.
Appears in 2 contracts
Samples: Executive Employment Agreement (InvenTrust Properties Corp.), Share Unit Award Agreement (InvenTrust Properties Corp.)
