Common use of Effect of Certain Terminations of Employment Clause in Contracts

Effect of Certain Terminations of Employment. If the Grantee’s employment terminates as a result of the Grantee’s death, retirement or becoming disabled after the Date of Grant, all shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, as of the date of such termination.

Effect of Certain Terminations of Employment. If the Grantee’s 's employment terminates as a result of the Grantee’s 's death, retirement Retirement or becoming disabled Disability, in each case if such termination occurs on or after the Date of Grant, all shares Shares of Performance Based Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Performance Based Restricted Stock shall lapse, as of the date of such termination.

Effect of Certain Terminations of Employment. If the Grantee’s employment terminates as a result of the Grantee’s death, retirement Retirement or becoming disabled Disability, in each case if such termination occurs on or after the Date of Grant, all shares Shares of Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Restricted Stock shall lapse, as of the date of such termination.

Effect of Certain Terminations of Employment. If the Grantee’s employment terminates as a result of the Grantee’s death, retirement Retirement or becoming disabled after the Date of GrantDisabled, all shares of Restricted Stock Shares which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such Restricted Stock Shares set forth in this Agreement shall lapse, as of the date of such termination.