Accelerated Restricted Stock

Example Definitions of "Accelerated Restricted Stock"
Accelerated Restricted Stock. Shares of Restricted Stock granted at any time by the Company which are (i) held by Grantees who at any time were named executive officers (as determined under Item 402 of Regulation S-K of the Exchange Act) and (ii) for which restrictions upon such Shares lapse for any reason in connection with any termination of employment. For purposes of clarity, Shares of Accelerated Restricted Stock upon which restrictions lapse pursuant to Section 8(c)(2) in connection with a Change in Control will not... be deemed Accelerated Restricted Stock even if a termination of employment occurs in connection with the Change in Control. View More
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