Termination Due to Death, Disability or Retirement. A prorated portion (as described below) of the unvested PSUs will remain outstanding and therefore continue to be eligible to vest based on actual Company performance during the Performance Period. A prorated portion (as described below) of the earned PSUs will be paid out on the Vesting Date.
Appears in 5 contracts
Samples: 2024 Performance Share Unit Grant Agreement for Senior Leadership Team (Xylem Inc.), 2011 Omnibus Incentive Plan (Xylem Inc.), 2011 Omnibus Incentive Plan (Xylem Inc.)
Termination Due to Death, Disability or Retirement. Any unvested PSUs continue to vest. A prorated portion (as described below) of the unvested PSUs will remain outstanding and therefore continue to be eligible to vest based on actual Company performance during the Performance Period. A prorated portion (as described below) of the earned PSUs will be paid out on the Vesting Date.
Appears in 2 contracts
Samples: Omnibus Incentive Plan (Xylem Inc.), Omnibus Incentive Plan (Xylem Inc.)
Termination Due to Death, Disability or Retirement. A prorated portion (as described below) of the unvested PSUs will remain outstanding and therefore continue to be eligible to vest based on actual Company performance during the Performance Period. A prorated portion (as described below) of the earned PSUs will be paid out on the Vesting Date.
Appears in 1 contract
