Common use of Vesting and Conversion to Shares Clause in Contracts

Vesting and Conversion to Shares. The RSUs will vest and become nonforfeitable upon the earliest to occur of the following (the “Vesting Date”): (a) the dates specified on page 1 hereof, provided that you have not experienced a Termination of Service before such respective dates, or (b) your Termination of Service due to death or Disability, or (c) your involuntary Termination of Service, other than for Cause, Disability or unsatisfactory performance, as determined by the Head of Human Resources in his sole discretion, provided that you sign a severance agreement in the form stipulated by the Company, and the severance agreement has become irrevocable, within 60 days after your Termination of Service or such earlier time as the Company may determine, or (d) immediately before a Change in Control, if this Award Agreement is not assumed, converted or replaced in connection with the transaction that constitutes the Change in Control, or (e) your Termination of Service during the 24-month period following a Change in Control either (i) by the Company other than for Cause or Disability, or (ii) by you for Good Reason.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.)

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Vesting and Conversion to Shares. The RSUs will vest and become nonforfeitable upon the earliest to occur of the following (the “Vesting Date”): (a) the dates specified on page 1 hereof, provided that you have not experienced a Termination of Service before such respective dates, or (b) your Termination of Service due to death or Disability, or (c) your involuntary Termination of Service, other than for Cause, Disability Cause or unsatisfactory performance, as determined in the sole discretion by the Head of Human Resources in his sole discretionResources, provided that you sign a severance agreement in the form stipulated by the Company, and the severance agreement has become irrevocable, Company within 60 days after your Termination of Service or such earlier other time as the Company may determine, and severance agreement has become irrevocable or (d) immediately before a Change in Control, if this Award Agreement is not assumed, converted or replaced in connection with the transaction that constitutes the Change in Control, or (e) your Termination of Service during the 24-month period following a Change in Control either (i) by the Company other than for Cause or Disabilityunsatisfactory performance, or (ii) by you for Good Reason.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.)

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Vesting and Conversion to Shares. The RSUs will vest and become nonforfeitable upon the earliest to occur of the following (the “Vesting Date”): (a) the dates specified on page 1 hereof, provided that you have not experienced a Termination of Service before such respective dates, or (b) your Termination of Service due to death or Disability, or (c) your involuntary Termination of Service, other than for Cause, Disability or unsatisfactory performance, as determined in the sole discretion by the Head of Human Resources in his sole discretionResources, provided that you sign a severance agreement in the form stipulated by the Company, and the severance agreement has become irrevocable, within 60 days after your Termination of Service or such earlier other time as the Company may determine, and the severance agreement has become irrevocable, or (d) immediately before a Change in Control, if this Award Agreement is not assumed, converted or replaced in connection with the transaction that constitutes the Change in Control, or (e) your Termination of Service during the 24-month period following a Change in Control either (i) by the Company other than for Cause or Disabilityunsatisfactory performance, or (ii) by you for Good Reason.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.)

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