Termination of Service Due to Death or Disability. If your service as a director of MSCI terminates due to death or Disability, your unvested RSUs will immediately vest and convert into Shares on the date your service as a director of MSCI terminates or within 30 days thereafter. Such Shares will be delivered to the beneficiary(ies) you have designated pursuant to Section 7 or the legal representative of your estate, as applicable.
Appears in 5 contracts
Samples: Award Agreement (MSCI Inc.), Agreement for Restricted Stock (MSCI Inc.), Agreement for Restricted Stock (MSCI Inc.)
Termination of Service Due to Death or Disability. If your service as a director of MSCI terminates due to death or Disability, your unvested RSUs will immediately vest and convert into Shares on the date your service as a director of MSCI terminates or within 30 days thereafter. Such Shares will be delivered to the beneficiary(ies) you have designated pursuant to Section 7 or the legal representative of your estate, as applicable. For purposes of this Award Agreement, “Disability” means your “permanent and total disability” (as defined in Section 22(e) of the Code).
Appears in 3 contracts
Samples: Award Agreement for Restricted Stock (MSCI Inc.), Award Agreement for Restricted Stock (MSCI Inc.), Agreement for Restricted Stock (MSCI Inc.)
Termination of Service Due to Death or Disability. If your service as a director of MSCI terminates due to death or Disability, in each case, prior to the Vesting Date, your unvested RSUs will immediately vest and convert into Shares on the date your service as a director of MSCI terminates or within 30 days thereafter. Such Upon a termination of service due to death, such Shares will be delivered to in accordance with Section 7. For purposes of this Award Agreement, “Disability” means your “permanent and total disability” (as defined in Section 22(e) of the beneficiary(ies) you have designated pursuant to Section 7 or the legal representative of your estate, as applicableCode).
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (MSCI Inc.), Award Agreement for Restricted Stock (MSCI Inc.)