Death, Disability and Termination of Employment Sample Clauses

Death, Disability and Termination of Employment. (i) In the event of the Participant’s death or Disability prior to the Final Certification Date and prior to forfeiture of the Performance Shares, the Performance Goals for the Full Three-Year Performance Period shall be deemed to be satisfied at a level equal to the greater of the designated Target Performance level or the Projected Performance Level (as defined in Appendix A) as of the date of such death or Disability, and the resulting number of Earned Shares less Earned Shares earned for a prior completed Applicable Performance Period (if any), together with the number of Earned Shares earned for any previously completed Applicable Performance Period shall become fully vested and shall (subject to Plan Section 17.13) be distributed to the Participant or his or her beneficiary within sixty (60) days following the end of the fiscal quarter in which the Participant’s death or Disability occurs. The term
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Death, Disability and Termination of Employment. The rights of Employee upon Termination of employment for disability, for cause and without cause, and the rights of Employee's estate upon his death with respect to the Option are set forth in the Employment Agreement.
Death, Disability and Termination of Employment. The rights of Employee upon Termination of employment for disability, for cause and without cause, and the rights of the executor or administrator of Employee's estate (or the person or persons to whom Employee's rights under this Option pass by the Employee's will or the laws of descent and distribution), with respect to the Option are set forth in a written employment agreement entered into between Employee and Corporation on or before the date hereof ("Employment Agreement") (which term shall include any amendment or replacement to the Employment Agreement).
Death, Disability and Termination of Employment. In the event of the Participant’s death or Disability prior to the Certification Date and prior to forfeiture of the Performance Shares, the Performance Goal shall be deemed to be satisfied as of the date of such death or Disability and all Awarded Shares shall become fully vested and shall be distributed to the Participant or his or her beneficiary within sixty (60) days following the Participant’s death or Disability. In the event of any Termination of Employment (other than due to death or after Disability) prior to the Certification Date, subject to Section 4.2, all Performance Shares shall be forfeited on the date of such Termination of Employment. For purposes of Plan Section 2.14 (definition of “Disability”), the Deferrable Performance Shares shall be treated as a deferral of compensation under Code Section 409A until the date thirteen (13) months after the Date of Grant regardless of whether the Participant has elected to defer the payment of the Award hereunder.
Death, Disability and Termination of Employment. In the event of the Participant’s death or Disability prior to the Certification Date and prior to forfeiture of the Performance Shares, the Performance Goal shall be deemed to be satisfied as of the date of such death or Disability and all Awarded Shares shall become fully vested and shall be distributed to the Participant or his or her beneficiary within sixty (60) days following the Participant’s death or Disability. In the event of any Termination of Employment (other than due to death or after Disability) prior to the Certification Date, subject to Section 4.2, all Performance Shares shall be forfeited on the date of such Termination of Employment. For purposes of Plan Section 2.14 (definition of “Disability”), the Performance Shares shall be treated as a deferral of compensation under Code Section 409A.
Death, Disability and Termination of Employment. (i) In the event of the Participant’s death or Disability prior to the Certification/Vesting Date and prior to forfeiture of the Performance Shares, the Performance Goal shall be deemed to be satisfied at a level equal to the greater of the designated Target Performance level or the Projected Performance Level (as defined in Appendix A) as of the date of such death or Disability, and the resulting number of earned Performance Shares, which shall be the resulting Awarded Shares, shall become fully vested and shall be distributed to the Participant or his or her beneficiary within sixty (60) days following the Participant’s death or Disability. The term
Death, Disability and Termination of Employment. (i) In the event of the Participant’s death or Disability prior to the Final Certification Date and prior to forfeiture of the Performance Shares, the Performance Goals for the Full Three-Year Performance Period shall be deemed to be satisfied at a level equal to the greater of the designated Target Performance level or the Projected Performance Level (as defined in Appendix A) as of the date of such death or Disability, and the resulting number of Earned Shares less any Earned Shares earned and vested for a prior completed Applicable Performance Period (if any), shall become fully vested and shall (subject to Plan Section 17.13) be distributed to the Participant or his or her beneficiary within sixty (60) days following the end of the fiscal quarter in which the Participant’s death or Disability occurs. The term
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