Common use of EIP Award Clause in Contracts

EIP Award. The Company shall pay to the Executive, or to his estate any award due under any EIP award agreement (as described in Section 5.b), in the amount due to the value of the award that otherwise would have been received based on the extent to which Performance Goals are determined to have been met by the Compensation Committee, multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's employment with the Company terminated and the denominator of which is the number of months in such performance period (the "pro-rated EIP award,"). Any such payment shall be made at the time the payment would have been made had there been no termination of employment. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's death or Disability renders him unable to sign the Release.

EIP Award. The Company shall pay to the Executive, or to his estate any award due under any EIP award agreement (as described in Section 5.b), in the amount due to the value of the award that otherwise would have been received based on the extent to which Performance Goals are determined to have been met by the Compensation Committee, multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's employment with the Company terminated and the denominator of which is the number of months in such performance period (the "pro-rated EIP award,"). Any such payment shall be made at the time the payment would have been made had there been no termination of employment. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's death or Disability renders him unable to sign the Release.

EIP Award. The Company shall pay to the Executive, or to his estate any award due under any EIP award agreement (as described in Section 5.b), in the amount due to the value of the award that otherwise would have been received based on the extent to which Performance Goals are determined to have been met by the Compensation Committee, multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's ’s employment with the Company terminated and the denominator of which is the number of months in such performance period (the "“pro-rated EIP award,"”). Any such payment shall be made at the time the payment would have been made had there been no termination of employment. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's ’s death or Disability renders him unable to sign the Release.

EIP Award. The Company shall pay to the Executive, or to his estate any award due under any EIP award agreement (as described in Section 5.b), in the amount due to the value of the award that otherwise would have been received based on the extent to which Performance Goals are determined to have been met by the Compensation Committee, multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's ’s employment with the Company terminated and the denominator of which is the number of months in such performance period (the "“pro-rated EIP award,"”). Any such payment shall be made at the time the payment would have been made had there been no termination of employment. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's ’s death or Disability renders him unable to sign the Release.