Common use of Disability of Awardee Clause in Contracts

Disability of Awardee. Notwithstanding the provisions of Section 5 above, in the event of termination of Awardee’s Continuous Status as a Participant as a result of total and permanent disability (as that term is defined in Section 12(c) of the Plan), outstanding unvested Earned SAs shall become immediately vested.

Appears in 3 contracts

Samples: Award Agreement (Microsoft Corp), Award Agreement (Microsoft Corp), Award Agreement (Microsoft Corp)

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Disability of Awardee. Notwithstanding the provisions of Section 5 above, in the event of termination of Awardee’s 's Continuous Status as a Participant as a result of total and permanent disability (as that term is defined in Section 12(c) of the Plan), outstanding unvested Earned SAs under this Award Agreement shall become immediately vested.

Appears in 2 contracts

Samples: Award Agreement (Microsoft Corp), Award Agreement (Microsoft Corp)

Disability of Awardee. Notwithstanding the provisions of Section 5 above, in the event of termination of Awardee’s Continuous Status as a Participant as a result of total and permanent disability (as that term is defined in Section 12(c) of the PlanPlan and the policies referenced in Section 3(c) above), outstanding unvested Earned SAs shall become immediately vested.

Appears in 2 contracts

Samples: Award Agreement (Microsoft Corp), Award Agreement (Microsoft Corp)

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Disability of Awardee. Notwithstanding the provisions of Section 5 above, in the event of termination of Awardee’s Continuous Status as a Participant as a result of total and permanent disability (as that term is defined in Section 12(c) of the Plan), outstanding unvested Earned SAs under this Award Agreement shall become immediately vested.

Appears in 1 contract

Samples: Stock Award Agreement (Microsoft Corp)

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