Termination of Service without Cause. Notwithstanding Section 3(a) hereof, upon a termination of the Participant’s service by the Company without Cause (except as set forth in Section 3(d)), any Restricted Shares, to the extent not then-vested, shall continue to vest during the period beginning on the date of such termination of service and ending on the date that is one (1) year following such termination of service, subject to the Participant’s execution on or after the termination date of an effective general release and waiver of all claims against the Company, its Affiliates and their respective officers and directors, substantially in the form attached hereto as Exhibit B.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Generac Holdings Inc.), Restricted Stock Award Agreement (Generac Holdings Inc.)
Termination of Service without Cause. Notwithstanding Section 3(a) 3.a hereof, upon a termination of the Participant’s service Service by the Company without Cause (except as set forth in Section 3(d)3.d), any Restricted Shares, to the extent not then-vested, shall continue to vest during the period beginning on the date of such termination of service Service and ending on the date that is one (1) year following such termination of serviceService, subject to the Participant’s execution on or after the termination date of an effective general release and waiver of all claims against the Company, its Affiliates and their respective officers and directors, substantially in the form attached hereto as Exhibit B.A.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Generac Holdings Inc.), Restricted Stock Award Agreement (Generac Holdings Inc.)