Common use of Eligibility for Payout Clause in Contracts

Eligibility for Payout. Payout of CSUs and the related earned Dividend Equivalents shall be made to each Participant: (1) who is employed by Sunoco or one of its Affiliates on the CSU Payout Date; or (2) whose employment relationship with Sunoco or one of its Affiliates is terminated: (i) as a result of any Qualifying Termination prior to the CSU Payout Date; or (ii) as a result of either of the following prior to the CSU Payout Date: (A) death; or (B) permanent disability or retirement (as each is determined by the Committee).

Eligibility for Payout. Payout of CSUs and the related earned Dividend Equivalents shall be made to each Participant: (1) who is employed by Sunoco or one of its Affiliates on the CSU Payout Date; or (2) whose employment relationship with Sunoco or one of its Affiliates is terminated: (i) as a result of any Qualifying Termination prior to the CSU Payout Date; or (ii) as a result of either of the following following, prior to the CSU Payout Date: (A) death; or (B) permanent disability or retirement (as each is determined by the Committee).