Common use of Outstanding Long-Term Awards Clause in Contracts

Outstanding Long-Term Awards. (i) In the event of your Involuntary Termination during the Term, then all Service-Based Conditions (as defined below) contained in all equity awards (including options, shares of restricted stock and restricted stock units) granted to you prior to the Change in Control Date under the Long-Term Plans which are outstanding as of your Date of Termination (“Outstanding Awards”) shall be deemed to have been satisfied on the Date of Termination. For purposes of this Agreement, “Service-Based Conditions” shall mean any conditions for exercise, settlement or payment contained in an award under the Long-Term Plans that require that you continue to be employed by the Company through a stated date.

Outstanding Long-Term Awards. (i) In the event of your Involuntary Termination during the Term, then all Service-Based Conditions (as defined below) contained in all equity awards (including such as outstanding options, shares of restricted stock and restricted stock units) units granted to you prior to the Change in Control Date under the Long-Long Term Plans which are outstanding as of your Date of Termination (“Outstanding Awards”) shall be deemed to have been satisfied on the Date of Termination. For purposes of this Agreement, “"Service-Based Conditions” " shall mean any conditions for exercise, settlement or payment contained in an award under the Long-Long Term Plans that require that you continue to be employed by the Company through a stated date.