Example ContractsClausesdeath or disabilityIdentical
Death or Disability
Death or Disability contract clause examples

Death or Disability. In the event the service of the Participant to the Board is terminated by reason of death or Disability, the Period of Restriction applicable to the Restricted Stock Units shall automatically terminate (that is, the Restricted Stock Units shall “vest”) upon such Separation from Service.

Source document
Directors Restricted Stock Unit Award Agreement
Source: SEC EDGAR database • Date: November 23, 2018 • SIC: 6022 • CIK: 6022
Directors Restricted Stock Unit Award Agreement
Source: SEC EDGAR database • Date: November 27, 2017 • SIC: 6022 • CIK: 6022
Directors Restricted Stock Unit Award Agreement
Source: SEC EDGAR database • Date: November 18, 2016 • SIC: 6022 • CIK: 6022

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.