Condition to Vesting. As a condition to the vesting of Restricted Shares as set forth in the provisions of Paragraph 2[(a)]–[(f)] of this Award Agreement, the Grantee (or the Grantee’s beneficiary, legal representative or estate, as the case may be, in the event of the Grantee’s death) must execute and not revoke a separation and general release agreement in substantially the form typically used by the Company, which may include restrictive covenants and must become effective within sixty (60) days after the termination date.]
Appears in 1 contract
Sources: Restricted Share Award Agreement (United Bankshares Inc/Wv)
Condition to Vesting. As a condition to the vesting of Restricted Shares Stock Units as set forth in the provisions of Paragraph 2[(a)]–[(f)] of this Award Agreement, the Grantee (or the Grantee’s beneficiary, legal representative or estate, as the case may be, in the event of the Grantee’s death) must execute and not revoke a separation and general release agreement in substantially the form typically used by the Company, which may include restrictive covenants and must become effective within sixty (60) days after the termination date.]
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (United Bankshares Inc/Wv)
Condition to Vesting. As a condition to the vesting of Restricted Shares Performance Stock Units as set forth in the provisions of Paragraph 2[(a)]–[(f)] of this Award Agreement, the Grantee (or the Grantee’s beneficiary, legal representative or estate, as the case may be, in the event of the Grantee’s death) must execute and not revoke a separation and general release agreement in substantially the form typically used by the Company, which may include restrictive covenants and must become effective within sixty (60) days after the termination date.]
Appears in 1 contract
Sources: Performance Based Restricted Stock Unit Award Agreement (United Bankshares Inc/Wv)
Condition to Vesting. As a condition to the vesting and exercisability of Restricted Shares Stock Options as set forth in the provisions of Paragraph 2[(a)]–[(f3[(a)]–[(f)] of this Award Agreement, the Grantee (or the Grantee’s beneficiary, legal representative or estate, as the case may be, in the event of the Grantee’s death) must execute and not revoke a separation and general release agreement in substantially the form typically used by the Company, which may include restrictive covenants and must become effective within sixty (60) days after the termination date.]
Appears in 1 contract
Sources: Stock Option Award Agreement (United Bankshares Inc/Wv)