Death Disability or Retirement Contract Clauses (42)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Death Disability or Retirement clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Death Disability or Retirement. Notwithstanding anything in this Agreement to the contrary, upon your termination of employment due to death or Disability (as defined herein), or upon your retirement (with Committee approval), a prorated portion (based on the period working during the Performance Period) of the Performance Stock granted to you hereunder shall vest based on the Company's actual achievement of the Performance Goals at the end of the Performance Period as certified by the Committee and shares will be delivered to... you after the Committee has approved and certified the number of shares of Performance Stock that have been earned hereunder. For purposes of this Award Agreement, "Disability" shall mean "permanent and total disability" as defined in Section 22 (e)(3) of the Code. 3 6. Forfeiture. Other than as described above in Paragraph 4 regarding a Change in Control or Paragraph 5 regarding Death, Disability or retirement, upon your termination of employment with the Company or a Subsidiary for any reason during the Performance Period, you will forfeit all Performance Stock covered by this Agreement. View More
Found in MODINE MANUFACTURING CO contract
Death Disability or Retirement. Notwithstanding anything in this Agreement to the contrary, upon your termination of employment due to death or Disability (as defined herein), or upon your retirement (with Committee approval), a prorated portion (based on the period working during the Performance Period) of the Performance Stock granted to you hereunder shall vest based on the Company's actual achievement of the Performance Goals at the end of the Performance Period as certified by the Committee and shares will be delivered to... you after the Committee has approved and certified the number of shares of Performance Stock that have been earned hereunder. For purposes of this Award Agreement, "Disability" shall mean "permanent and total disability" as defined in Section 22 (e)(3) of the Code. 3 6. Forfeiture. Other than as described above in Paragraph 4 regarding a Change in Control or Paragraph 5 regarding Death, Disability or retirement, upon your termination of employment with the Company or a Subsidiary for any reason during the Performance Period, you will forfeit all Performance Stock covered by this Agreement. View More
Found in MODINE MANUFACTURING CO contract
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