Common use of Due to Retirement Clause in Contracts

Due to Retirement. In the event of the Participant’s termination of employment upon the Participant’s retirement (in accordance with the terms of a retirement plan or policy of the Company approved by the Board of Directors and applicable to the Participant), any RSUs that are not vested as of the date of such termination of employment will continue to vest and settle in accordance with the schedule set forth in Section 2.

Appears in 2 contracts

Sources: Restricted Stock Unit Agreement (American Well Corp), Restricted Stock Unit Agreement (American Well Corp)