Death or Total Disability. If the Participant’s employment terminates by reason of death or Total Disability, then the target number of PSUs set forth in the Award Summary shall become fully vested on the Participant’s last day of active employment with the Company (which, for purposes of Total Disability, means the effective date of Total Disability), and shall be paid as soon as practicable following the date of termination.
Appears in 10 contracts
Samples: Terms and Conditions (Pepsico Inc), Terms and Conditions (Pepsico Inc), Performance Stock (Pepsico Inc)