Termination of Service by the Company Following a Change in Control. If the Grantee’s service as a member of the Board of Directors of the Company is terminated by the Company, by the Board or otherwise (x) on or within 18 months after a Change in Control (as defined in the Plan) (other than for Cause or due to death or Disability) and (y) after the expiration of the Initial Restriction Period, the unvested RSUs shall immediately vest on such Date of Termination, and a number of Shares equal to the number of such vested RSUs shall be issued to the Grantee as described in Section 2.1.
Appears in 7 contracts
Samples: Restricted Stock Unit Award Agreement (United Community Banks Inc), Restricted Stock Unit Award Agreement (United Community Banks Inc), Restricted Stock Unit Award Agreement (Priority Technology Holdings, Inc.)
