Common use of Disability or Retirement of the Employee Clause in Contracts

Disability or Retirement of the Employee. If the Employee’s employment is terminated prior to the end of the Restriction Period by reason of the Employee’s total and permanent disability or retirement in accordance with the applicable retirement policy, all RSUs shall immediately vest including any amounts for dividend equivalent payments on RSUs that vest at termination subject to the condition that the Employee shall have executed a current Agreement Regarding Confidential Information and Proprietary Developments (“ARCIPD”) that is satisfactory to the Company, and shall not have engaged in any conduct that creates a conflict of interest in the opinion of the Company.

Appears in 4 contracts

Samples: Grant Agreement (Hp Inc), Grant Agreement (Hewlett Packard Enterprise Co), Grant Agreement (Hp Inc)

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Disability or Retirement of the Employee. If the Employee’s employment is terminated prior to the end of the Restriction Period by reason of the Employee’s total Total and permanent disability Permanent Disability or retirement in accordance with the applicable retirement policy, all RSUs shall immediately vest including any amounts for dividend equivalent payments on RSUs that vest at termination subject to the condition that the Employee shall have executed a current Agreement Regarding Confidential Information and Proprietary Developments (“ARCIPD”) that is satisfactory to the Company, and shall not have engaged in any conduct that creates a conflict of interest in the opinion of the Company.

Appears in 3 contracts

Samples: Grant Agreement (Hp Inc), Grant Agreement (Hp Inc), Grant Agreement (Hp Inc)

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Disability or Retirement of the Employee. If the Employee’s termination of employment is terminated prior due to the end of the Restriction Period by reason of the Employee’s total and permanent disability or retirement retirement, in accordance with the applicable retirement policy, all outstanding and unvested RSUs shall immediately vest including any amounts for dividend equivalent payments on RSUs that vest at termination subject to the condition that the Employee shall have executed a current Agreement Regarding Confidential Information and Proprietary Developments (“ARCIPD”) that is satisfactory to the Company, and shall not have engaged engage in any conduct that creates a conflict of interest in the opinion of the Company.

Appears in 2 contracts

Samples: Grant Agreement (Hewlett Packard Co), Stock Notification and Award Agreement (Hewlett Packard Co)

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