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ROST » Topics » Effect of Death, Termination Due to Disability, Termination Without Cause or Termination for Good Reason.These excerpts taken from the ROST 10-Q filed Jun 10, 2009. Effect of Death, Termination Due to Disability,
Termination Without Cause or Termination for Good Reason. In the event of the death, Termination Due to Disability,
Termination Without Cause or Termination for Good Reason of the Participant
prior to the Performance Share Vesting Date, then on the Performance Share
Vesting Date a number of Performance Shares shall become Vested Performance
Shares equal to that number of Performance Shares that would have become Vested
Performance Shares had no such death or termination occurred.
5.4 Effect of Death, Termination Due to Disability,
Termination Without Cause or Termination for Good Reason. In the event of the death, Termination Due to Disability,
Termination Without Cause or Termination for Good Reason of the Participant
prior to the Performance Share Vesting Date, then on the Settlement Date the
Company shall issue to the Participant one (1) Vested Common Share for each
Vested Performance Share determined in accordance with Section 5.3. In the event
of the death, Termination Due to Disability, Termination Without Cause or Termination for Good Reason of the
Participant on or after the Settlement Date, then the vesting of all Unvested
Common Shares issued in settlement of the Award shall be accelerated in full
effective as of the date of such death or termination.
7.4 This excerpt taken from the ROST 8-K filed May 23, 2008. Effect of
Death, Termination Due to Disability, Termination Without Cause or Termination
for Good Reason. In the event of the death,
Termination Due to Disability, Termination Without Cause or Termination for Good
Reason of the Participant prior to the Performance Share Vesting Date, then on
the Settlement Date the Company shall issue to the Participant one (1) Vested
Common Share for each Vested Performance Share determined in accordance with
Section 5.3. In the event of the death, Termination Due to
Disability, Termination Without
Cause or Termination for Good Reason of the Participant on or after the
Settlement Date, then the vesting of all Unvested Common Shares issued in
settlement of the Award shall be accelerated in full effective as of the date of
such death or termination.
7.4 This excerpt taken from the ROST 10-Q filed Jun 13, 2007. Effect of Death, Termination Due to Disability, Termination Without Cause or Termination for Good Reason. In the event of the death, Termination Due to Disability, Termination Without Cause or Termination for Good Reason of the Participant prior to the Performance Share Vesting Date, then on the Settlement Date the Company shall issue to the Participant one (1) Vested Common Share for each Vested Performance Share determined in accordance with Section 5.3. In the event of the death, Termination Due to Disability, Termination Without Cause or Termination for Good Reason of the Participant on or after the Settlement Date, then the vesting of all Unvested Common Shares issued in settlement of the Award shall be accelerated in full effective as of the date of
such death or termination.
7.4 | EXCERPTS ON THIS PAGE:
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