Common use of Involuntary Separation from Service (After Meeting Age and Service Requirements) Clause in Contracts

Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including, without limitation, any release condition), then this Option shall be subject to the treatment set forth in subparagraphs (i)-(iii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then this Option shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(iii) above.]1 1 Note to draft: This section to be included or excluded subject to award terms approved by Compensation and Leadership Development Committee or Chief Human Resources Officer; update cross-references to §§ 3(c)–(f) accordingly).

Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including, including without limitation, limitation any release condition), then this Option the Units shall be subject to the treatment set forth in subparagraphs (i)-(iiii)-(ii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then this Option the Units shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(iiii)-(ii) above.]1 1 Note to draft: This section to be included or excluded subject to award terms approved by Compensation and Leadership Development Committee or Chief Human Resources Officer; update cross-references to §§ 3(c)–(f) accordingly).above.]1

Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including, including without limitation, limitation any release condition), then this Option the Award shall be subject to the treatment set forth in subparagraphs (i)-(iiii)-(ii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then this Option the Award shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(iiii)-(ii) above.]1 1 Note to draft: This section to be included or excluded subject to award terms approved by Compensation and Leadership Development Committee or Chief Human Resources Officer; update cross-references to §§ 3(c)–(f) accordingly).above.]1

Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including, without limitation, any release condition), then this Option SAR shall be subject to the treatment set forth in subparagraphs (i)-(iii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then this Option SAR shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(iii) above.]1 1 Note to draft: This section to be included or excluded subject to award terms approved by Compensation and Leadership Development Committee or Chief Human Resources Officer; update cross-references to §§ 3(c)–(f) accordingly).above.]1