Common use of Retirement, Termination without Cause Clause in Contracts

Retirement, Termination without Cause. If you Retire, or if your employment is terminated by the Company without Cause, and you have been an active participant in the Performance Period for at least one (1) year or more, you shall receive a prorated Award, which shall be paid out in Shares based upon actual performance upon the conclusion of the Performance Period.

Appears in 3 contracts

Samples: Performance Share Unit Grant Agreement (John Wiley & Sons, Inc.), Performance Share Unit Grant Agreement (John Wiley & Sons, Inc.), Performance Share Unit Grant Agreement (John Wiley & Sons, Inc.)

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Retirement, Termination without Cause. If you Retire, or if your employment is terminated by the Company without Cause, and you have been an active participant in the Performance Period for at least one nine (19) year months or more, you shall receive a prorated Award, which shall be paid out in Shares based upon actual performance upon the conclusion of the Performance Period.

Appears in 1 contract

Samples: Performance Share Unit Grant Agreement (John Wiley & Sons, Inc.)

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Retirement, Termination without Cause. If you Retire, or if your employment is terminated by the Company without Cause, and you have been an active participant in the Performance Period performance period for at least one (1) year or more, you shall receive a prorated Award, which shall be paid out in Shares based upon actual performance upon the conclusion of the Performance Periodperformance period.

Appears in 1 contract

Samples: Performance Share Unit Grant Agreement (John Wiley & Sons, Inc.)

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