Common use of Employment Termination Due to Death Clause in Contracts

Employment Termination Due to Death. If your service with the Company and its Affiliates terminates as a result of your death, then any unvested SARs as of the date of your death shall immediately vest and become exercisable upon such death, and any unexercised SARs shall expire on the later of (i) the Expiration Date or (ii) twenty-four (24) months after the date of your death.

Appears in 8 contracts

Samples: Stock Appreciation Rights Agreement (Genworth Financial Inc), Stock Appreciation Rights Agreement (Genworth Financial Inc), Stock Appreciation Rights Award Agreement (Genworth Financial Inc)

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Employment Termination Due to Death. If your service with the Company and its Affiliates terminates as a result of your death, then any unvested SARs as of the date of your death shall immediately vest and become exercisable upon such death, and any unexercised SARs shall expire on the later of (i) the Expiration Date expiration date or (ii) twenty-four (24) months after the date of your death.

Appears in 3 contracts

Samples: Stock Appreciation Rights Award Agreement, Stock Appreciation Rights Award Agreement (Genworth Financial Inc), Stock Appreciation Right Award Agreement (Genworth Financial Inc)

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