Common use of Termination of Employment Upon Death, Disability or Retirement Clause in Contracts

Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), or [retirement on or after age____], all unvested shares of Restricted Stock shall become fully vested.

Appears in 1 contract

Samples: Restricted Stock Agreement (1st Constitution Bancorp)

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Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), death or Disability [or retirement on at or after age_age ___], all unvested shares of Restricted Stock shall become fully vested.

Appears in 1 contract

Samples: Restricted Stock Agreement (Ion Networks Inc)

Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), or [retirement on at or after age____]age 65, all unvested shares of Restricted Stock shall become fully vested.

Appears in 1 contract

Samples: Restricted Stock Agreement (1st Constitution Bancorp)

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Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), or [retirement on or after age____]that date when the Participant reaches the age of 65, all unvested shares of Restricted Stock shall become fully vested.

Appears in 1 contract

Samples: Restricted Stock Agreement (Community Partners Bancorp)

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