Vesting of DRSUs. (a) The DRSUs shall become vested on the vesting dates set forth above (the “Vesting Dates”) in accordance with the Vesting Schedule set forth above.
Vesting of DRSUs. Subject to the provisions of this Section 3 and Sections 5, 6 and 7 hereof, the DRSUs shall vest in full on the six-month anniversary of the Grant Date. Notwithstanding the provisions of Section 5 of this Agreement, and subject to the payment provisions of Section 6 of this Agreement, if the Participant should die or terminate service on the Board of Directors upon becoming permanently disabled while serving on the Board of Directors, then the DRSUs will immediately vest in full on the date of such death or termination of Service due to permanent disability. For purposes of this Agreement, “permanently disabled” means that the Participant is “disabled” within the meaning of Section 409A(a)(2)(C) of the Code.
