Acceleration of Vesting Upon Termination. Notwithstanding any other provision in this Agreement and except as otherwise provided in Section 2(g), in the event that the Recipient’s Continuous Service is terminated prior to the Vesting Date either by the Company or any Related Entity without Cause or by the Recipient for Good Reason, a portion of the RSUs equal to (i) the number of full months of Continuous Service following the Date of Grant through the date of termination, divided by (ii) the total number of months between the Date of Grant and the Vesting Date, shall become vested as of the Vesting Date, provided that the Performance Goals described herein are attained during the Performance Period. The Percentage Payable per RSU shall be the percentage, if any, determined and certified by the Committee pursuant to Section 2(a) above.
Appears in 3 contracts
Sources: Restricted Stock Unit Agreement (Lifepoint Health, Inc.), Restricted Stock Unit Agreement (Lifepoint Hospitals, Inc.), Restricted Stock Unit Agreement (Lifepoint Hospitals, Inc.)