Common use of Early Cancellation/Accelerated Vesting of PSUs Clause in Contracts

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 2016, Voluntary Separation On or Before December 31, 2018, or Other Separation Not Described in Paragraph 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 2016, (ii) voluntarily separates from employment on or before December 31, 2018 for any reason other than Retirement, or (iii) otherwise separates from employment on or before December 31, 2018 under circumstances not described in paragraph 7(b), all the PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant.

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding Subject to the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 20162011, Voluntary Separation On or Before December 31, 20182013, or Other Separation Not Described in Paragraph Section 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 20162011, (ii) voluntarily separates from employment on or before December 31, 2018 2013 for any reason other than Retirement, or (iii) otherwise separates from employment on or before December 31, 2018 2013 under circumstances not described in paragraph 7(b), all the then-unvested PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant. (b) Retirement After June 30,

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 20162012, Voluntary Separation On or Before December 31, 20182014, or Other Separation Not Described in Paragraph 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 20162012, (ii) voluntarily separates from employment on or before December 31, 2018 2014 for any reason other than Retirement, or (iii) otherwise separates from employment on or before December 31, 2018 2014 under circumstances not described in paragraph 7(b), all the PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant.

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding Subject to the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 2016, Voluntary Separation (including Retirement) On or Before December July 31, 20182016, or Other Separation Not Described in Paragraph Section 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 2016, (ii) voluntarily separates from employment on or before December July 31, 2018 2016 for any reason other than reason, including Retirement, or (iiiii) otherwise separates from employment on or before December July 31, 2018 2016 under circumstances not described in paragraph 7(b), all the then-unvested PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant.

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 20162015, Voluntary Separation On or Before December 31, 20182017, or Other Separation Not Described in Paragraph 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 20162015, (ii) voluntarily separates from employment on or before December 31, 2018 2017 for any reason other than Retirement, or (iii) otherwise separates from employment on or before December 31, 2018 2017 under circumstances not described in paragraph 7(b), all the PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant.

Early Cancellation/Accelerated Vesting of PSUs. Notwithstanding the provisions of paragraph 5, PSUs may vest or be forfeited before the end of the Award Cycle as follows: (a) Retirement Before July 1, 20162014, Voluntary Separation On or Before December 31, 20182016, or Other Separation Not Described in Paragraph 7(b). If the Participant (i) Retires (as defined in paragraph 7(b)(4)) before July 1, 20162014, (ii) voluntarily separates from employment on or before December 31, 2018 2016 for any reason other than Retirement, or (iii) otherwise separates from employment on or before December 31, 2018 2016 under circumstances not described in paragraph 7(b), all the PSUs shall automatically terminate and be cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant.