Termination of Service Due to Death or Disability. If the Grantee’s service as a member of the Board of Directors of the Company is terminated as a result of the Grantee’s death or Disability (as defined in the Plan), the unvested RSUs shall immediately vest on such Date of Termination, and a number of Shares equal to such vested RSUs shall be issued to the Grantee (or the Grantee’s surviving spouse or estate) in the manner 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.)
Termination of Service Due to Death or Disability. If the Grantee’s service as a member of the Board of Directors of the Company is terminated as a result of the Grantee’s death or Disability (as defined in the Plan), the unvested RSUs shall immediately vest on such Date date of Terminationtermination, and a number of Shares equal to such vested RSUs shall be issued to the Grantee (or the Grantee’s surviving spouse or estate) in the manner described in Section 2.1.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (United Community Banks Inc)
