Common use of Accelerated Vesting Upon Termination Clause in Contracts

Accelerated Vesting Upon Termination. Notwithstanding the foregoing, subject to Section 3.3, one-hundred percent (100%) of any then-unvested RSUs will accelerate and vest upon the occurrence of an Accelerated Vesting Termination Event. An “Accelerated Vesting Termination Event” is any of the following events:

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

Accelerated Vesting Upon Termination. Notwithstanding the foregoing, subject to Section 3.34.3, one-hundred percent (100%) of any then-unvested RSUs will accelerate and vest upon the occurrence of an Accelerated Vesting Termination Event. An “Accelerated Vesting Termination Event” is any of the following events:

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)