Participant’s Disability. Notwithstanding any provision in the Plan to the contrary, if a Participant terminates service from the Company or any Subsidiary or Affiliate due to Disability, the PRSUs shall vest in full based on the banked amounts for those Performance Year(s) completed and vest at Target for any uncompleted Performance Year. “Disability” shall mean that the Participant, due to physical or mental illness, is considered disabled under the Company’s long-term disability insurance plan.
Appears in 3 contracts
Samples: Award Agreement (Sensata Technologies Holding PLC), Award Agreement (Sensata Technologies Holding PLC), Award Agreement (Sensata Technologies Holding PLC)
Participant’s Disability. Notwithstanding any provision in the Plan to the contrary, if a Participant terminates service from the Company or any Subsidiary or Affiliate Service due to Disability, the PRSUs shall vest in full based on the banked amounts for those Performance Year(s) completed and vest at Target for any uncompleted Performance Year. “Disability” shall mean that the Participant, due to physical or mental illness, is considered disabled under the Company’s long-term disability insurance plan.
Appears in 2 contracts
Samples: Award Agreement (Sensata Technologies Holding PLC), Award Agreement (Sensata Technologies Holding PLC)