Common use of Disability; Retirement; Involuntary Termination Without Cause Clause in Contracts

Disability; Retirement; Involuntary Termination Without Cause. If you have a Separation from Service before the Vesting Date (A) due to your Disability, (B) due to your Retirement, or (C) by action of the Company for any reason other than Cause, the Prorated Target Units shall be adjusted for performance through the end of the Performance Cycle and paid on the Settlement Date as provided by Section 5 of the Agreement.

Appears in 3 contracts

Samples: Share Units Award Agreement (Enpro Inc.), Share Units Award Agreement (Enpro Inc.), Share Units Award Agreement (Enpro Industries, Inc)

AutoNDA by SimpleDocs

Disability; Retirement; Involuntary Termination Without Cause. If you have a Separation from Service before the Vesting Date (A) due to your Disability, (B) due to your Retirement, or (C) by action of the Company for any reason other than Cause, the Prorated Target Units shall be adjusted for performance through the end of the Performance Cycle and paid on the Settlement Date as provided by Section 5 of the Agreement.

Appears in 1 contract

Samples: Performance Share Units Award Agreement (Enpro Industries, Inc)

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