Common use of Employment Requirement; Forfeiture Clause in Contracts

Employment Requirement; Forfeiture. Except as provided in Section 3(b) or (c), or otherwise determined by the Committee, in order to become vested in (i.e., earn) RSUs under the terms of this Agreement, the Grantee must have been in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the close of business on the applicable Vesting Date (or such earlier date on which the RSUs become vested under Section 3(b) or (c)). The Grantee shall not be deemed to be employed by the Company (or a Subsidiary or Affiliate of the Company) if the Grantee’s employment has been terminated, even if the Grantee is receiving severance in the form of salary continuation through the regular payroll system. If the Grantee terminates employment with the Company (or a Subsidiary or Affiliate of the Company) for any reason other than Retirement, Grandfathered Retirement, Disability or death, or converts from full-time to part-time status (other than in connection with Retirement or Grandfathered Retirement), the Grantee shall forfeit any RSUs granted under this Agreement that are not vested as of such date.

Employment Requirement; Forfeiture. Except as provided in Section 3(b), (c) or (cd), or otherwise determined by the Committee, in order to become vested in (i.e., earn) RSUs under the terms of this Agreement, the Grantee must have been in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the close of business on the applicable Vesting Date (or such earlier date on which the RSUs become vested under Section 3(b), (c) or (cd)). The Grantee shall not be deemed to be employed by the Company (or a Subsidiary or Affiliate of the Company) if the Grantee’s employment has been terminated, even if the Grantee is receiving severance in the form of salary continuation through the regular payroll system. If the Grantee terminates employment with the Company (or a Subsidiary or Affiliate of the Company) for any reason other than Retirement, Grandfathered RetirementInvoluntary Termination Without Cause, Disability Disability, or death, or converts from full-time to part-time status (other than in connection with Retirement or Grandfathered Retirement), the Grantee shall forfeit any RSUs granted under this Agreement that are not vested as of such date.

Employment Requirement; Forfeiture. Except as provided in Section 3(b) or (c), or otherwise determined by the Committee, in order to become vested in (i.e., earn) RSUs under the terms of this Agreement, the Grantee must have been in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the close of business on the applicable Vesting Date (or such earlier date on which the RSUs become vested under Section 3(b) or (c)). The Grantee shall not be deemed to be employed by the Company (or a Subsidiary or Affiliate of the Company) if the Grantee’s employment has been terminated, even if the Grantee is receiving severance in the form of salary continuation through the regular payroll system. If the Grantee terminates employment with the Company (or a Subsidiary or Affiliate of the Company) for any reason other than Retirement, Grandfathered Retirement, Disability or death, or converts from full-time to part-time status (other than in connection with Retirement or Grandfathered Retirement), the Grantee shall forfeit any RSUs granted under this Agreement that are not vested as of such date.

Employment Requirement; Forfeiture. Except as provided in Section 3(b), (c) or (cd), or otherwise determined by the Committee, in order to become vested in (i.e., earn) RSUs under the terms of this Agreement, the Grantee must have been in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the close of business on the applicable Vesting Date (or such earlier date on which the RSUs become vested under Section 3(b), (c) or (cd)). The Grantee shall not be deemed to be employed by the Company (or a Subsidiary or Affiliate of the Company) if the Grantee’s employment has been terminated, even if the Grantee is receiving severance in the form of salary continuation through the regular payroll system. If the Grantee terminates employment with the Company (or a Subsidiary or Affiliate of the Company) for any reason other than RetirementRetirement as set forth in Section 3(b), Grandfathered RetirementInvoluntary Termination Without Cause as set forth in Section 3(b), Disability Disability, or death, or converts from full-time to part-time status (other than in connection with Retirement or Grandfathered Retirement), the Grantee shall forfeit any RSUs granted under this Agreement that are not vested as of such datedate and such RSUs shall no longer be eligible to vest.

Employment Requirement; Forfeiture. Except as provided in Section 3(b) or (c), or otherwise determined by the Committee, in order to become vested in (i.e., earn) RSUs under the terms of this Agreement, the Grantee must have been in the continuous full-time employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the close of business on the applicable Vesting Date (or such earlier date on which the RSUs become vested under Section 3(b3(b),(c) or (cd)). The Grantee shall not be deemed to be employed by the Company (or a Subsidiary or Affiliate of the Company) if the Grantee’s employment has been terminated, even if the Grantee is receiving severance in the form of salary continuation through the regular payroll system. If the Grantee terminates employment with the Company (or a Subsidiary or Affiliate of the Company) for any reason other than Retirement, Grandfathered Retirement, Disability or death, or converts from full-time to part-time status (other than in connection with Retirement or Grandfathered Retirement), the Grantee shall forfeit any RSUs granted under this Agreement that are not vested as of such date.