Common use of Death of Awardee Clause in Contracts

Death of Awardee. Notwithstanding the provisions of Section 5 above, in the event of the death of Awardee while in continuous status as a Participant, then: If the death of the Awardee occurs before the end of any full one-year vesting period, then no special vesting acceleration relating to death shall occur, and Awardee’s rights under this Award Agreement in any Awards shall terminate. The Awardee’s rights in any unvested Awards that remain unvested after the application of this Section 7 shall terminate at the time of the Awardee’s death.

Death of Awardee. Notwithstanding the provisions of Section 5 the Sections above, in the event of the death of Awardee while in continuous status as a Participantan Awardee, then: If the death of the Awardee occurs before the end of any full one-year vesting period, then no special vesting acceleration relating to death shall occur, and Awardee’s rights under this Award Agreement in any Awards shall terminate. The Awardee’s rights in any unvested Awards that remain unvested employment shall be deemed to have terminated on account of death if the Awardee dies within three (3) months after the application of this Section 7 shall terminate at the time of the Awardee’s deathtermination of employment.