Common use of Early Vesting Clause in Contracts

Early Vesting. The Option may vest earlier than the dates listed under paragraph 2(b) as described here. If your Termination of Employment occurs before the Option vests under paragraph 2, the Option will vest on your Termination of Employment date, but only if your Termination of Employment is: (a) Because of your death, Disability, Early Retirement or Retirement and you have not received or will not be receiving severance pay from any Cigna company (whether under any severance benefit plan or any contract, agreement or arrangement); or (b) Upon a Change of Control.

Appears in 5 contracts

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp), Nonqualified Stock Option Grant Agreement (Cigna Corp), Nonqualified Stock Option Grant Agreement (Cigna Corp)

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Early Vesting. The Option may vest earlier than the dates listed under paragraph 2(b) as described here. If your Termination of Employment occurs before the Option vests under paragraph 2, the Option will vest on your Termination of Employment date, but only if your Termination of Employment is: (a) Because of your death, Disability, Early Retirement or Retirement and you have not received or will not be receiving severance pay from any Cigna company (whether under any severance benefit plan or any contract, agreement or arrangement); or (b) Upon a Change of Control.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp), Nonqualified Stock Option Grant Agreement (Cigna Corp)

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Early Vesting. The Option may vest earlier than the dates listed under paragraph 2(b) as described here. If your Termination of Employment occurs before the Option vests under paragraph 2, the Option will vest on your Termination of Employment date, but only if your Termination of Employment is: (a) Because of your death, Disability, Early Retirement or Retirement and you have not received or will not be receiving severance pay from any Cigna CIGNA company (whether under any severance benefit plan or any contract, agreement or arrangement); or (b) Upon a Change of Control.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp)

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