Special Vesting Agreement definition

Special Vesting Agreement means an agreement in which the Company, in its sole discretion, elects to permit some or all of Employee’s RSUs to continue vesting following Employee’s employment with the Company or with an affiliate, as applicable, in exchange for Employee’s strict compliance with designated post-termination conditions, as determined by the Company pursuant to a written agreement executed at the time the Participant’s termination of employment occurs.

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Special Vesting Agreement means an agreement which permits Employee’s RSUs to continue vesting following Employee’s employment with the Company or with an affiliate, as applicable, in exchange for Employee’s strict compliance with designated post-termination conditions, as determined by the Committee pursuant to a written agreement executed at the time the Participant’s termination of employment occurs. The Compensation Committee may, in is sole discretion, elect to limit coverage of a Special Vesting Agreement to only a portion of the Employee’s RSUs.

Special Vesting Agreement means an agreement in which the Compensation Committee, in its sole discretion, elects to permit some or all of the Participant’s Stock Units to continue vesting following the Participant’s Termination of Employment with the Company or with an Affiliate, as applicable, in exchange for Participant’s strict compliance with designated post-termination conditions, as determined by the Committee pursuant to a written agreement executed at the time the Participant’s Termination of Employment occurs.

Examples of Special Vesting Agreement in a sentence

As further condition to receiving any Special Vesting Agreement, Employee shall provide a release of all claims against the Company in a form acceptable to the Company, upon entering the Special Vesting Agreement, as well as upon the last date on which the Forfeiture Restrictions lapse, and also Employee must continuously comply with any other obligations to, or agreements with, the Company.
As further condition to receiving any Special Vesting Agreement, Employee shall provide a release of all claims against the Company in a form acceptable to the Company upon entering the Special Vesting Agreement and also Employee must continuously comply with any other obligations to, or agreements with, the Company.
Employee acknowledges that the Severance Pay, the Additional Payment, and the Special Vesting Agreement provided in this Agreement by Team are not due to Employee under any agreement or obligation of Team and are provided solely in exchange for Employee’s promises made in this Agreement and Employee’s continued compliance with all terms of this Agreement.
The parties agree that this Section shall be deemed to be a "Special Vesting Agreement" for purposes of the time-based Restricted Stock Unit Awards listed on Exhibit "A".
Executive further acknowledges and agrees that he has been paid in full all long-term or short-term incentive compensation that he is owed or could be owed other than amounts due pursuant to the terms of the Special Vesting Agreement and the Confidentiality Agreement.
The Participant will forfeit all unvested Restricted Stock Units upon Termination of Employment for any reason, other than death, a Change of Control, or a Special Vesting Agreement (as defined below).
Executive further acknowledges and agrees that he has been paid in full all long-term or short-term incentive compensation that he is owed or could be owed other than amounts due pursuant to the terms of this Agreement, the Special Vesting Agreement, or the Confidentiality Agreement.

More Definitions of Special Vesting Agreement

Special Vesting Agreement means an agreement which permits Employee’s RSUs to continue

Special Vesting Agreement means an agreement in which the Compensation Committee, in its sole discretion, elects to permit some or all of the Participant’s Restricted Stock Units to continue vesting following the Participant’s Termination of Employment with the Company or with an Affiliate, as applicable, in exchange for Participant’s strict compliance with designated post-termination conditions, as determined by the Committee pursuant to a written agreement executed at the time the Participant’s Termination of Employment occurs.