Common use of Qualifying Termination of Employment Clause in Contracts

Qualifying Termination of Employment. If the Participant’s employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 2005, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 3 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

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Qualifying Termination of Employment. If the Participant’s 's employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 20052006, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

Qualifying Termination of Employment. If the Participant’s employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 20052006, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

Qualifying Termination of Employment. If the Participant’s employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 20052007, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

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Qualifying Termination of Employment. If the Participant’s employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 20052006, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 1 contract

Samples: Performance Share Award Agreement (Chubb Corp)

Qualifying Termination of Employment. If the Participant’s employment terminates by reason of a Qualifying Termination of Employment on or after December 31, 2005, the Participant shall be entitled to receive the same Payment Values (without pro-ration) in respect of the Performance Shares covered by the Award as would have been payable, and at the same time and subject to the same conditions, had his or her employment continued until the end of the Performance Cycle.

Appears in 1 contract

Samples: Performance Share Award Agreement (Chubb Corp)

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