Examples of Modified Good Reason in a sentence
Equity Acceleration In the event that, either prior to the Determination Date or during the Equity Acceleration Protected Period, your employment is terminated by the Company or its affiliates without Cause or you resign for Modified Good Reason, all your then-outstanding and non-forfeited equity awards (“Covered Awards”) granted under the Equity Plan will vest in full and settle (with performance targets deemed attained) on or within thirty (30) days after the date of your termination of employment.
In instances where solar farm operators desire to locate on more than one property, the solar farm operation shall have a minimum of 100 cumulative acres.
If the Participant’s employment terminates by reason of termination by the Company or Employer without Cause, Modified Good Reason, or death or Long-Term Disability prior to the Scheduled Vesting Date, the number of Shares equal to the RSUs that remain unvested shall be delivered within 30 days of such termination date.
If the Participant’s employment terminates by reason of termination by the Company or Employer without Cause, Modified Good Reason, death, Long-Term Disability or retirement under Section 3(a)(v) prior to the Scheduled Vesting Date, the number of Shares equal to the RSUs that remain unvested shall be delivered within 30 days of such termination date.
Finally, you will also receive the Pro-Rata Annual Bonus if the Company terminates your employment for any reason other than Cause, or if you terminate your employment for Modified Good Reason, on or at any time during the twelve (12)-month period following a Change in Control.