Statutory Leave of Absence. The unvested portion of the Award will continue to vest on schedule subject to all other provisions of this Agreement during a leave of absence that is approved by the Company, is provided by applicable law and is taken in accordance with such law and applicable Company policy (a “statutory leave of absence”). If Participant’s employment terminates for any reason during a statutory leave of absence, the Award will be treated as described in the applicable provision of this Section 3. If Participant satisfies the conditions of Section 3(k) during a statutory leave of absence, the unvested portion of the Award will continue to vest on schedule, subject to Section 3(k).
Statutory Leave of Absence. Vesting credit will continue during a leave of absence if the leave satisfies each of the following requirements: (a) the leave is approved by the Company, (b) the leave is mandated by applicable law, and (c) the Participant takes the leave in accordance with such law and complies with applicable Company leave policies (a leave meeting all such requirements being a “Statutory Leave of Absence”).
Statutory Leave of Absence. The Award will continue to vest and Participant may continue to exercise vested Option shares during an approved leave of absence under the Family Medical Leave Act of 1993, military leave, or other statutory leave of absence (but not later than the Option expiration date), provided that such leave is approved by management of Participant's business unit, is provided by applicable law and taken in accordance with such law and applicable Company policy (a "statutory leave of absence"). If a statutory leave of absence is followed without interruption by an approved personal leave of absence, any unvested restricted or deferred stock and unexercised Option shares will be canceled as of the date that the combined leaves, if continuous, have exceeded six months. If Participant terminates employment for any reason during an approved statutory leave of absence[, or if on or prior to such time Participant satisfies the conditions of paragraphs (j), (k), or (l)], then such applicable paragraph of this Section 5 will apply. [For purposes of paragraphs (j), (k) and (l), if a statutory leave of absence is followed without interruption by an approved personal leave of absence, Participant's employment will be deemed to have terminated as of the date that the combined leaves exceed six months.]
Statutory Leave of Absence. Unvested Awards will continue to vest on schedule subject to all other provisions of this Agreement during a leave of absence that is approved by management of Participant’s business unit, is provided by applicable law and is taken in accordance with such law and applicable Company policy (a “statutory leave of absence”). If Participant’s employment terminates for any reason specified elsewhere in this Section 3 during a statutory leave of absence, the Awards will be treated as described in the applicable provision of this Section 3. If Participant satisfies the conditions of Section 3(k) or (l) during a statutory leave of absence, unvested Awards will continue to vest on schedule, subject to Section 3(k) or (l), as applicable. If a statutory leave of absence is followed without interruption by an approved personal leave of absence, Participant will be deemed to have voluntarily terminated his or her employment pursuant to Section 3(a) (or Section 3(k) or (l), if applicable) on the date that the combined leaves exceed six months.
Statutory Leave of Absence. Unvested Option shares will continue to vest on schedule and may be exercised, subject to all other provisions of this agreement, during a leave of absence that is approved by management of Participant's business unit, provided by applicable law and is taken in accordance with such law and applicable Company policy (a "statutory leave of absence"). If Participant meets the "Rule of 75" as defined in Section 4(i) during a statutory leave of absence, unvested shares will continue to vest on schedule, subject to all other provisions of this agreement.
Statutory Leave of Absence. The restricted or deferred stock and Option components of an Award will continue to vest and Participant may continue to exercise the vested portion of an Option during an approved leave of absence under the Family and Medical Leave Act of 1993, military leave or other statutory leave of absence, provided that such leave is approved by management of Participant's business unit, is provided by applicable law and taken in accordance with such law and applicable Company policy.
Statutory Leave of Absence. Pursuant to M.G.L. c.149. Section 105D, every female employee who has completed the initial probationary period of ninety (90) days shall be entitled to an eight (8) week leave of absence for the purpose of giving birth or for adoption, provided she gives at least two (2) weeks notice of her anticipated date of departure and of her intention to return. Teachers are urged to give earlier notification in order to provide the Administration with additional time to secure a replacement. Teachers may use an additional twelve
Statutory Leave of Absence. The Award will continue to vest and Participant may continue to exercise vested Option shares during an approved leave of absence under the Family Medical Leave Act of 1993, military leave, or other statutory leave of absence (but not later than the Option expiration date), provided that such leave is approved by management of Participant's business unit, is provided by applicable law and taken in accordance with such law and applicable Company policy (a "statutory leave of absence"). If a statutory leave of absence is followed by an approved personal leave of absence, any unvested restricted or deferred stock will be canceled as of the date that the combined leaves have exceeded six months, and unexercised Option shares will be canceled as of the date that the combined leaves have exceeded one year (if the Option has not already expired).
Statutory Leave of Absence. Participation in the Program will continue during a leave of absence that is approved by management of Participant’s business unit, is provided by applicable law and taken in accordance with such law and applicable Company policy (a “statutory leave of absence”). If a statutory leave of absence is followed without interruption by an approved personal leave of absence, any unvested portion of the Award will be canceled as of the date that the combined leaves, if continuous, have exceeded six months. Any previously vested shares, and accrued dividend equivalents, if applicable (less appropriate withholdings for the payment of taxes), will be distributed to Participant on the 30th day after the Award Termination Date.
Statutory Leave of Absence. An unvested Deferred Cash Award will continue to vest on schedule subject to all other provisions, including, without limitation, the Citi Clawback and the General Clawback of this Agreement during a leave of absence that is approved by management of Participant’s business unit, is provided by applicable law and is taken in accordance with such law and applicable Company policy (a “statutory leave of absence”). If Participant’s employment terminates for any reason during a statutory leave of absence, the Deferred Cash Award will be treated as described in the applicable provision of this Section 3. If Participant satisfies the conditions of Section 3(k) during a statutory leave of absence, an unvested Deferred Cash Award will continue to vest on schedule, subject to Section 3(k).
