Change of Employment Status. Except as otherwise provided in this Section 2 or Section 3, you must remain employed with the Company, its Affiliate or its Subsidiary through the Performance Period in order to fully vest in your Performance Shares. For purposes of this Section 2, your transfer between the Company and its Affiliate or Subsidiary, or among Affiliates and Subsidiaries, will not be a termination of employment. In the event of a Change of Control, any applicable terms of Section 3 (Change of Control) will supersede the terms of this Section 2.
Appears in 3 contracts
Samples: Senior Executive Performance Share Agreement (Total System Services Inc), Senior Executive Performance Share Agreement (Total System Services Inc), Senior Executive Performance Share Agreement (Total System Services Inc)
Change of Employment Status. Except as otherwise provided in this Section 2 or Section 3, you must remain employed with the Company, its Company or an Affiliate or its Subsidiary through the Performance Period in order to fully vest in your Performance Shares. For purposes of this Section 2, your transfer between the Company and its Affiliate or Subsidiaryan Affiliate, or among Affiliates and SubsidiariesAffiliates, will not be a termination of employment. In the event of a Change of Control, any applicable terms of Section 3 (Change of Control) will supersede the terms of this Section 2.
Appears in 3 contracts
Samples: Senior Executive Performance Share Agreement (Total System Services Inc), Performance Share Agreement (Total System Services Inc), Performance Share Agreement (Total System Services Inc)
Change of Employment Status. Except as otherwise provided in this Section 2 or Section 3, you must remain employed with the Company, its Company or an Affiliate or its Subsidiary through the Secondary Performance Period in order to fully vest in be paid your Final Performance Shares. For purposes of this Section 2, your transfer between the Company and its Affiliate or Subsidiaryan Affiliate, or among Affiliates and SubsidiariesAffiliates, will not be a termination of employment. In the event of a Change of Control, any applicable terms of Section 3 (Change of Control) will supersede the terms of this Section 2.
Appears in 2 contracts
Samples: Performance Share Agreement (Total System Services Inc), Performance Share Agreement (Total System Services Inc)
Change of Employment Status. Except as otherwise provided in this Section 2 or Section 3, you must remain employed with the Company, its Company or an Affiliate or its Subsidiary through the Secondary Performance Period in order to be fully vest vested in your Final Performance Shares. For purposes of this Section 2, your transfer between the Company and its Affiliate or Subsidiaryan Affiliate, or among Affiliates and SubsidiariesAffiliates, will not be a termination of employment. In the event of a Change of Control, any applicable terms of Section 3 (Change of Control) will supersede the terms of this Section 2.
Appears in 1 contract
Samples: Performance Share Agreement (Total System Services Inc)