Common use of Normal Vesting Clause in Contracts

Normal Vesting. (a) Subject to Section 1(b) of this Agreement below, a number of PSUs shall become vested on the Vesting Date set forth in the Award Statement (the “Vesting Date”), provided that the Employee remains an employee of the PMI Group during the entire period commencing on the Award Date and ending on the Vesting Date, and that the Employee has complied with all applicable provisions of HSR.

Appears in 9 contracts

Samples: Performance Incentive Plan (Philip Morris International Inc.), Performance Incentive Plan (Philip Morris International Inc.), Performance Share Unit Agreement (Philip Morris International Inc.)

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Normal Vesting. (a) Subject to Section 1(b) of this Agreement below, a number of PSUs shall become vested on the Vesting Date set forth in the Award Statement (the “Vesting Date”), provided that the Employee remains an employee of the PMI Group during the entire period commencing on the Award Date and ending on the Vesting Date, and that the Employee has complied with all applicable provisions of HSR.

Appears in 2 contracts

Samples: Performance Share Unit Agreement (Philip Morris International Inc.), Performance Share Unit Agreement (Philip Morris International Inc.)

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