Common use of Disability and Retirement Clause in Contracts

Disability and Retirement. (a) Notwithstanding any other provision of this Award Agreement, but subject to Paragraph 6(b), if your Employment with the Company is terminated by reason of Disability or Retirement, the condition set forth in Paragraph 4(a) shall be waived with respect to your then outstanding unvested RSUs (as a result of which any such then unvested outstanding RSUs shall vest), but all other conditions of this Award Agreement shall continue to apply.

Appears in 4 contracts

Samples: Award Agreement (American International Group Inc), Award Agreement (Transatlantic Holdings Inc), Award Agreement (Transatlantic Holdings Inc)

AutoNDA by SimpleDocs

Disability and Retirement. (a) Notwithstanding any other provision of this Award RSU Agreement, but subject to Paragraph 6(b), if your Employment with the Company is terminated by reason of Disability or Retirement, the condition set forth in Paragraph 4(a) shall be waived with respect to your then outstanding unvested RSUs (as a result of which any such then unvested outstanding RSUs shall vestvest on the Vesting Dates), but all other conditions of this Award RSU Agreement shall continue to apply.

Appears in 3 contracts

Samples: 2004 Stock Incentive Plan Rsu Award Agreement (Allied World Assurance Co Holdings LTD), 2004 Stock Incentive Plan Rsu Award Agreement (Allied World Assurance Co Holdings LTD), 2004 Stock Incentive Plan Rsu Award Agreement (Allied World Assurance Co Holdings LTD)

Disability and Retirement. (a) Notwithstanding any other provision of this Award Agreement, but subject to Paragraph 6(b), if your Employment with the Company is terminated by reason of Disability or Retirement, the condition set forth in Paragraph 4(a) shall be waived with respect to your then outstanding unvested RSUs (as a result of which any such then unvested outstanding RSUs shall vestvest and shares corresponding to the RSUs shall be delivered to you as soon as practicable after the date of termination and after such documentation as may be requested by the Committee is provided to the Committee), but all other conditions of this Award Agreement shall continue to apply.

Appears in 2 contracts

Samples: Award Agreement (American International Group Inc), Award Agreement (American International Group Inc)

AutoNDA by SimpleDocs

Disability and Retirement. (a) Notwithstanding any other provision of this Award Agreement, but subject to Paragraph 6(b7(b), if your Employment with the Company is terminated by reason of Disability or Retirement, the condition set forth in Paragraph 4(a5(a) shall be waived with respect to your then outstanding unvested RSUs Options (as a result of which any such then unvested outstanding RSUs Options shall vest), but all other conditions of this Award Agreement shall continue to apply.

Appears in 2 contracts

Samples: Award Agreement (American International Group Inc), Award Agreement (American International Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!