Common use of Death or Disability of Employee Clause in Contracts

Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability, the Performance Shares subject to this Performance Share award shall vest on the date of the Employee’s death or Disability as follows: [INSERT DESCRIPTION OF VESTING CONDITIONS] In the event that any applicable law limits the Company’s ability to accelerate the vesting of this award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable law.

Death or Disability of Employee. In the event that the Employee incurs a Termination of Service due to his or her death or Disability, the Performance Shares subject to this Performance Share award shall vest on the date of the Employee’s death or Disability as follows: [INSERT DESCRIPTION OF VESTING CONDITIONS] ]. In the event that any applicable law limits the Company’s ability to accelerate the vesting of this award of Performance Shares, this paragraph 4(b) shall be limited to the extent required to comply with applicable law.