For Your Disability or Death. If your employment terminates as a result of your Death or Disability, MF Global will pay your Accrued Compensation, Earned Bonus and Accrued Bonus and will provide your Other Benefits and Accelerated Vesting. In addition, MF Global will pay you an amount equal to your annual Salary then in effect (your “Disability/Death Pay”).
For Your Disability or Death. If your employment terminates as a result of your Disability or death, the Company will pay your Accrued Compensation, Earned Annual Incentive and will provide Continued Vesting of your Long Term Incentive Awards in accordance with the terms of the applicable awards, without regard to any continued employment condition, and your Other Benefits.
For Your Disability or Death. If, during the Employment Period, your employment terminates as a result of your death or Disability, TWPG Inc. will pay your Accrued Compensation and Other Benefits.
For Your Disability or Death. If your employment terminates as a result of your death or Disability, the Company will pay your Accrued Compensation and provide your Other Benefits. In addition, if you are terminated due to death or Disability and the termination occurs more than six months after the commencement of the most recent Bonus Period, the Company will pay your Pro-Rated Bonus on the date it would have been paid if you had remained employed by the Company.
For Your Disability or Death. If, during your Scheduled Term, your employment terminates as a result of your death or Disability: (1) the Company will pay your Accrued Compensation; (2) the Company will pay your Earned Annual Incentive; (3) the Company will pay your Accrued Annual Incentive; (4) your Performance Options and Performance Stock Appreciation Rights will vest and become immediately exercisable and will remain exercisable until they expire (as if your employment had continued); and (5) your Annual Incentive Equity will vest and become immediately payable.
For Your Disability or Death. If, during your Compensation Period, your employment terminates as a result of your death or Disability:
(1) The Company will pay your Accrued Compensation.
(2) If death or Disability occurs on or before September 30th of a particular year, you and/or your estate will not be eligible for a Pro-Rata ICP Award for that year. If death or Disability occurs on or after October 1st of a particular year, you and/or your estate will be eligible for a Pro-Rata ICP Award for that year.
(3) The Company will provide the Other Benefits.
(4) The Company will pay you or your beneficiary the unpaid portion of the Transaction Incentive Award in accordance with Section 3(c) if your termination occurs on or after the date of an IPO or Sale.
For Your Disability or Death. If, during the Combined Term, your employment terminates as a result of your death or Disability:
1. The Company will pay your Accrued Compensation and will provide you with the Other Benefits.
2. The Company will pay you and/or your estate your Pro-Rata ACIP Award.
3. Equity-based awards shall be treated pursuant to the terms of their respective award agreements.
For Your Disability or Death. If, prior to the Normal Expiration Date, your employment terminates as a result of your Death or Disability, the Company will pay your Accrued Compensation and Accrued Bonus and will provide Accelerated Vesting and your Other Benefits, unless such termination is deemed to be with Good Reason or without Cause pursuant to the last sentence of Section 6(e)(2), in which case you will receive the payments and benefits specified in Section 7(b).
For Your Disability or Death. If, during the Scheduled Term, your employment terminates as a result of your Disability or death, the Company will pay you (or your legal representatives): (1) your Accrued Compensation; (2) your earned but unpaid Annual Incentive, if any, for the fiscal year ending immediately prior to the year in which your employment terminates as a result of your Disability or death; (3) the Pro-Rata Annual Incentive for the Termination Year; and (4) any banked performance-vesting RSUs under your Annual LTIA Grants as of the date of your termination of employment; and will provide you (or your legal representatives) (5) your Other Benefits. Effective upon the date of this termination due to your Disability or death, any granted, unvested time-vesting RSUs (whether granted to you as an employee, officer or director) will become immediately vested, and any other unvested portion of your remaining equity-based awards (excluding any banked performance-vesting RSUs under your Annual LTIA Grants as of the date of your termination of employment) will be immediately forfeited and cancelled. For the avoidance of doubt, in the event of your death or Disability your estate or legal representatives shall be entitled to these payments and benefits, and the executor of your estate or legal representative shall be permitted to execute a related severance agreement as if you executed it.
For Your Disability or Death. If your employment terminates as a result of your Death or Disability, MF Global will pay your Accrued Compensation, Earned Bonus and Accrued Bonus and will provide your Other Benefits. MF Global will also pay you an amount equal to your annual Salary then in effect (your “Disability/Death Pay”). Additionally, all service-based vesting (and, if applicable, non-performance-based exercise) conditions relating to share options, restricted shares and other equity-based compensation awarded by MF Global to you will be deemed fully satisfied. The settlement of the awards will continue in accordance with the relevant award agreement, and, if applicable, performance terms will continue in effect and be measured without regard to your termination. Any securities so issued or awarded will remain subject to such restrictions on transfer as are required by applicable securities laws.
