Common use of Participant’s Death Clause in Contracts

Participant’s Death. Notwithstanding any provision in the Plan to the contrary, if a Participant dies while providing Service, any unvested Units shall immediately vest in full. The then vested portion of the Units shall be delivered to the executor or administrator of Participant’s estate or, if none, to the person(s) entitled to receive the vested Units under Participant’s will or the laws of descent or distribution.

Appears in 2 contracts

Samples: Award Agreement (Sensata Technologies Holding PLC), Award Agreement (Sensata Technologies Holding PLC)

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Participant’s Death. Notwithstanding any provision in the Plan to the contrary, if a Participant dies while providing Serviceservice to the Company or any Subsidiary or Affiliate, any unvested Units shall immediately vest in full. The then vested portion of the Units shall be delivered to the executor or administrator of Participant’s estate or, if none, to the person(s) entitled to receive the vested Units under Participant’s will or the laws of descent or distribution.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Sensata Technologies Holding PLC), Award Agreement (Sensata Technologies Holding PLC)

Participant’s Death. Notwithstanding any provision in the Plan to the contrary, if a Participant dies while providing Service, any all unvested Units shall immediately vest in full. The then vested portion of the Units shall be delivered to the executor or administrator of Participant’s estate or, if none, to the person(s) entitled to receive the vested Units under Participant’s will or the laws of descent or distribution.

Appears in 1 contract

Samples: Award Agreement (Sensata Technologies Holding PLC)

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Participant’s Death. Notwithstanding any provision in the Plan to the contrary, if a Participant dies while providing Service, any unvested the Units shall immediately vest in full. The then vested portion of the Units shall be delivered to the executor or administrator of Participant’s estate or, if none, to the person(s) entitled to receive the vested Units under Participant’s will or the laws of descent or distribution.

Appears in 1 contract

Samples: Award Agreement (Sensata Technologies Holding PLC)

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