Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, the Restricted Share Units shall become non-forfeitable as follows (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, to the extent not previously forfeited, shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, while the Grantee remains employed by the Company or a Subsidiary, of any of the following events:
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Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/)
Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, the Restricted Share Units shall become non-forfeitable as follows nonforfeitable on the 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, to the extent not previously forfeited, shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, while the Grantee remains employed by the Company or a Subsidiary, of any of the following events:
Appears in 2 contracts
Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/), Restricted Share Unit Agreement (Harman International Industries Inc /De/)
Vesting of Restricted Share Units. (a) Except as otherwise provided in this Agreement, the Restricted Share Units shall become non-forfeitable as follows (each applicable date, a “Vesting Date”), unless earlier forfeited in accordance with Section 5. [ ], the Restricted Share Units shall become nonforfeitable on __________ (each, a “Vesting Date”).
(b) Notwithstanding the provisions of Section 4(a) above, all Restricted Share Units, to the extent not previously forfeited, Units shall become immediately nonforfeitable upon the occurrence of a Change in Control (as defined below). A “Change in Control” means the occurrence, while the Grantee remains employed by the Company or a Subsidiarybefore this Agreement terminates, of any of the following events:
Appears in 1 contract
Samples: Restricted Share Unit Agreement (Harman International Industries Inc /De/)