Termination Due to Disability or Death Clause Example with 5 Variations from Business Contracts

This page contains Termination Due to Disability or Death clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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
Found in Enanta Pharmaceuticals, Inc. contract

Variations of a "Termination Due to Disability or Death" Clause from Business Contracts

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, RSUs will be prorated based on the number of days during the Performance Period period of the vesting schedule 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 subjec...t to the Company's actual rTSR achieved during the full Performance Period. employment. "Disability" means a disability entitling Participant to benefits under the long-term disability policy sponsored by the Company that applies to Participant. View More
Found in Enanta Pharmaceuticals, Inc. contract
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
Found in Enanta Pharmaceuticals, Inc. contract
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, PSUs, including any dividend equivalent rTSRUs, PSUs, 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 Issuance of any vested shares of Common Stock will be made at the same time as payment settlement would have been made had Participant not had a termination of employment a...nd will in all respects be subject to the Company's actual rTSR R&D Milestones 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
Found in Enanta Pharmaceuticals, Inc. contract
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, 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 Participa...nt 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
Found in Enanta Pharmaceuticals, Inc. contract
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, PSUs, including any dividend equivalent rTSRUs, PSUs, 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 actua...l rTSR R&D Milestones 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
Found in Enanta Pharmaceuticals, Inc. contract