Retirement on or After Age 62. If the Participant’s employment terminates by reason of the Participant’s Retirement after attaining at least age 62, then the PSUs granted hereunder shall become fully vested on the Participant’s last day of active employment with the Company. All such vested PSUs shall remain subject to the earning and forfeiture provisions of Paragraph A.3 and shall be paid on the original PSU Payment Date.
Appears in 5 contracts
Samples: Terms and Conditions (Pepsico Inc), Terms and Conditions (Pepsico Inc), Performance Stock (Pepsico Inc)
