Common use of Forfeiture/Expiration Clause in Contracts

Forfeiture/Expiration. Any Performance Share Unit subject to this Award shall be forfeited upon the termination of the Grantee’s continuous employment by the Company, including Subsidiaries, from the Date of Grant, except to the extent otherwise provided in Section 2, and, if not previously vested and paid, or deferred, or forfeited, shall expire immediately before the tenth (10th) anniversary of the Date of Grant. Any Dividend Equivalent subject to this Award shall expire at the time its tandem Performance Share Unit (i) is vested and paid, or deferred, (ii) is forfeited, or (iii) expires.

Forfeiture/Expiration. Any Performance Share Unit subject to this Award shall be forfeited upon the termination of the Grantee’s continuous employment by the CompanyCorporation, including Subsidiaries, from the Date of Grant, except to the extent otherwise provided in Section 2, and, if not previously vested and paid, or deferred, or forfeited, shall expire immediately before the tenth (10th) anniversary of the Date of Grant. Any Dividend Equivalent subject to this Award shall expire at the time its tandem Performance Share Unit (i) is vested and paid, or deferred, (ii) is forfeited, or (iii) expires.

Forfeiture/Expiration. Any Performance Share Unit subject to this Award shall be forfeited upon the termination of the Grantee’s continuous employment by the Company, including Subsidiaries, from the Date of Grant, except to the extent otherwise provided in Section 2, and, if not previously vested and paid, or deferred, or forfeited, shall expire immediately before the tenth (10th) anniversary of the Date of Grant. Any Dividend Equivalent subject to this Award shall expire at the time its tandem Performance Share Unit (i) is vested and paid, or deferred, (ii) is forfeited, or (iii) expires.

Forfeiture/Expiration. Any Performance Share Unit unit subject to this Award shall be forfeited upon the termination of the Grantee’s continuous employment by the Company, including Subsidiaries, from the Date of Grant, except to the extent otherwise provided in Section 2, and, if not previously vested and paid, or deferred, or forfeited, shall expire immediately before the tenth (10th) anniversary of the Date of Grant. Any Dividend Equivalent subject to this Award shall expire at the time its tandem Performance Share Unit unit (i) is vested and paid, or deferred, (ii) is forfeited, or (iii) expires.