Effect of Retirement. If the Grantee’s service as a Non-Employee Director should terminate prior to the first anniversary of the Date of Grant, but more than six months after the Date of Grant and when he or she has served as a Director for ten full years or more or attained age 72, the Deferred Shares granted hereby shall become immediately nonforfeitable.
Appears in 2 contracts
Sources: Deferred Shares Agreement (Diebold Inc), Deferred Shares Agreement (Diebold Inc)