Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, one-third of the Restricted Share Units shall become nonforfeitable on each of the first three anniversaries of the Date of Grant (each applicable date, a “Vesting Date”), unless earlier forfeited in accordance with Section 5. (b) Notwithstanding the provisions of Section 4(a) above, all Restricted Share Units shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, before this Agreement terminates, of any of the following events:

Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, one-third of the Restricted Share Units shall become nonforfeitable on each of the first three anniversaries anniversary of the Date of Grant (each applicable date, a the “Vesting Date”), unless earlier forfeited in accordance with Section 5. (b) Notwithstanding the provisions of Section 4(a) above, all Restricted Share Units shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, before this Agreement terminates, of any of the following events:

Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, one-third of the Restricted Share Units shall become nonforfeitable on each of the first three anniversaries third anniversary of the Date of Grant (each applicable date, a the “Vesting Date”), unless earlier forfeited in accordance with Section 5. (b) Notwithstanding the provisions of Section 4(a) above, all Restricted Share Units shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, before this Agreement terminates, of any of the following events: