Common use of Nonforfeiture Clause in Contracts

Nonforfeiture. If your employment with the Company is terminated prior to the Retention Date either (i) by the Company without Cause, or (ii) by reason of Disability or death, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment date. If any of the foregoing terminations occur, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.

Nonforfeiture. If your employment with the Company is terminated prior to the Retention Date either (i) by the Company without Cause, by you as an Eligible Retirement, or (ii) by reason of Disability or death, in each case, prior to the Vesting Date, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment date. If any of the foregoing terminations occur, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.

Nonforfeiture. If your employment with the Company is terminated prior to the Retention Date either (i) by the Company without Cause, by you for Good Reason, or (ii) by reason of Disability or death, in each case, prior to the Expiration Date, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment datePayment Date. If any of the foregoing terminations occuroccur prior to the Expiration Date, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.

Nonforfeiture. If your employment with the Company or any of its subsidiaries is terminated prior to the Retention Date either (i) by the Company without Cause, by you as an Eligible Retirement, or (ii) by reason of Disability or death, in each case, prior to the Vesting Date, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment date. If any of the foregoing terminations occur, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.

Nonforfeiture. If your employment with the Company is terminated prior to the Retention Date either (i) by the Company without Cause, (ii) by you for Good Reason, or (iiiii) by reason of Disability or death, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment date. If any of the foregoing terminations occur, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.