Common use of Termination due to Executive’s Death or Disability Clause in Contracts

Termination due to Executive’s Death or Disability. If Executive’s employment is terminated due to Executive’s death pursuant to Section 3.1(d) of the Employment Agreement or pursuant to Disability (defined in the Employment Agreement) pursuant to Section 3.1(d) of the Employment Agreement, the Restricted Shares shall, upon such termination, vest immediately.

Appears in 2 contracts

Samples: Restricted Stock Agreement (KOHLS Corp), Restricted Stock Agreement (KOHLS Corp)

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Termination due to Executive’s Death or Disability. If Executive’s employment is terminated due to Executive’s death pursuant to Section 3.1(d) of the Employment Agreement or pursuant to Disability (defined in the Employment Agreement) pursuant to Section 3.1(d) of the Employment AgreementDisability, the Restricted Shares shall, upon such termination, vest immediatelyimmediately vest.

Appears in 2 contracts

Samples: Restricted Stock Agreement (KOHLS Corp), Restricted Stock Agreement (KOHLS Corp)

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Termination due to Executive’s Death or Disability. If Executive’s employment is terminated due to Executive’s death pursuant to Section 3.1(d) of the Employment Agreement or pursuant due to Disability (as defined in any executive compensation agreement between the Employment Agreement) pursuant to Section 3.1(d) executive and the Company in effect as of the Employment AgreementGrant Date, if any), the Restricted Shares shall, upon such termination, vest immediately.

Appears in 1 contract

Samples: Restricted Stock Agreement (KOHLS Corp)

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