Termination Due to Disability or Death Contract Clauses (13)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Termination Due to Disability or Death clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Termination Due to Disability or Death. In the event Participant's employment is terminated by reason of disability or death, the vesting of the rTSRUs, including any dividend equivalent rTSRUs, will be prorated based on the number of days during the Performance Period that the Participant spent on the active payroll of the Company. Payout for the award will be made at the same time as payment would have been made had Participant not had a termination of employment and will in all respects be subject to the Company's actual rTSR achie...ved during the full Performance Period. "Disability" means a disability entitling Participant to benefits under the long-term disability policy sponsored by the Company that applies to Participant. View More
Termination Due to Disability or Death. In the event Participant's employment is terminated by reason of disability or death, death before the Settlement Date, the vesting of the rTSRUs, including any dividend equivalent rTSRUs, rTSRUs will be prorated based on the number of days during the Performance Period that the Participant spent was on the active payroll of the Company. Payout for the award Company as an active employee. Issuance of any rTSRU Shares will be made at the same time as payment settlement would have been made had Pa...rticipant not had a termination of employment employment, and the vesting of any rTSRUs will in all respects be subject to the Company's actual rTSR achieved during the full Performance Period. "Disability" means a disability entitling Participant to benefits under the long-term disability policy sponsored by the Company that applies to Participant. View More
View Variations (5)
Termination Due to Disability or Death. In the event your employment is terminated prior to any Vesting Date by reason of disability or death, any unvested portion of your RSUs, including any dividend equivalent RSUs, will be prorated based on the number of full and partial calendar months you spent on the active payroll during the applicable vesting period (i.e., for the first installment, the one-year period beginning on the Grant Date; for the second installment, the two-year period beginning on the Grant Date; and for the third in...stallment, the three-year period beginning on the Grant Date), beginning with the first full calendar month after the Grant Date. Payment for this Award will be made (i) as soon as administratively possible, but not later than 60 days after your termination of employment. For purposes of this Award, "disability" means a disability entitling you to benefits under any long-term disability policy sponsored by the Company or a Related Company. View More
Termination Due to Disability or Death. In the event your employment is terminated prior to any Vesting Date by reason of disability or death, any unvested portion of your RSUs, PBRSUs, including any dividend equivalent RSUs, PBRSUs, will be prorated based on the number of full and partial calendar months you spent on the active payroll during the applicable vesting period (i.e., for the first installment, the one-year period beginning on the Grant Date; for the second installment, Tranche 1, the two-year period beginning on the Grant... Date; Date, and for the third installment, Tranche 2, the three-year period beginning on the Grant Date), beginning with the first full calendar month after the Grant Date. Date, calculated without regard to whether the Goals have been achieved. Payment for this Award will be made (i) as soon as administratively possible, but not later than 60 days after your termination of employment. For purposes of this Award, "disability" means a disability entitling you to benefits under any long-term disability policy sponsored by the Company or a Related Company. View More
View Variation