Common use of Time of Vesting Clause in Contracts

Time of Vesting. The vesting of the Restricted Stock Units on a Vesting Date is, in all cases, subject to the Grantee’s continued employment with the Company (or its Affiliates or Parent, as applicable) through the applicable Vesting Date. All unvested Restricted Stock Units will become Vested Units as of the date of the Grantee’s death or Disability, or upon the involuntary termination without Cause (as defined in Section 2(d) of this Agreement) by the Company of Grantee’s employment with the Company or its Affiliates or Parent, or the Grantee’s Retirement Date (as defined in Section 2(f) of this Agreement), if such events occur prior to the original Vesting Date set forth in the Vesting Schedule above.

Appears in 2 contracts

Sources: Restricted Stock Unit Agreement (Post Holdings, Inc.), Restricted Stock Unit Agreement (Post Holdings, Inc.)