Death of Awardee Contract Clauses (28)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Death of Awardee clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Death of Awardee. Notwithstanding the provisions of Section 4 above, in the event of the death of Awardee: (a) If the Awardee was, at the time of death, in Continuous Status as an employee, the SUAs which would have vested during the twelve (12) months following the date of death of Awardee, set out in Schedule A, shall become vested as of the date of death. (b) The Awardee's rights in any unvested SUAs that remain after the application of Section 6(a) shall terminate at the time of the Awardee's death.
Found in UFP TECHNOLOGIES INC contract
Death of Awardee. Notwithstanding the provisions of Section 4 above, in the event of the death of Awardee: (a) If the Awardee was, is, at the time of death, in Continuous Status as an employee, a Participant, the SUAs which would have vested during the twelve (12) months following the date of death of Awardee, set out in Schedule A, Section 2(a) above, shall become vested as of the date of death. (b) The Awardee's rights in any unvested SUAs that remain after the application of Section 6(a) shall terminate at the... time of the Awardee's death. View More
Found in PSYCHEMEDICS CORP contract
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Death of Awardee. Notwithstanding the provisions of Section 5 above, if Awardee is, at the time of death, in Continuous Status as a Participant, outstanding unvested SAs under this Award Agreement shall become immediately vested.
Found in Microsoft contract
Death of Awardee. Notwithstanding the provisions of Section 5 above, if Awardee is, at the time of death, in Continuous Status as a Participant, outstanding unvested Earned SAs under this Award Agreement shall become immediately vested.
Found in Microsoft contract
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