Common use of Vesting and Conversion to Shares Clause in Contracts

Vesting and Conversion to Shares. The RSUs will vest and become non-forfeitable upon the earliest to occur of the following (the “Vesting Date”): (a) the Determination Dates, to the extent provided under the Performance Vesting Formula, if 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 and do not revoke a severance agreement in the form stipulated by the Company, 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 non-forfeitable upon the earliest to occur of the following (the “Vesting Date”): (a) the Determination Dates, to the extent provided under the Performance Vesting Formula, if 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 by in the sole discretion of the Head of Human Resources in his sole discretionResources, provided that you sign and do not revoke a severance agreement in the form stipulated by the Company, 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 2 contracts

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

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