Common use of Termination of Employment After Attaining Age 60 with 20 or More Years of Service Clause in Contracts

Termination of Employment After Attaining Age 60 with 20 or More Years of Service. If the Grantee terminates employment (other than for Cause) after attaining age 60 with 20 years or more of Company Service and the Grantee executes and delivers (and does not revoke) a release agreement satisfactory to the Company, a pro-rata portion of the RSUs, as determined in accordance with Section 5 below, shall be eligible for vesting to the extent the Performance Goals are achieved. Settlement of any of such vested RSUs will occur in accordance with Section 2 above, unless otherwise provided in Section 9(a) or (b) below.

Termination of Employment After Attaining Age 60 with 20 or More Years of Service. If the Grantee terminates employment (other than for Cause) after attaining age 60 with 20 years or more of Company Affiliate Service and the Grantee executes and delivers (and does not revoke) a release agreement satisfactory to the Company, a pro-rata portion of the RSUs, as determined in accordance with Section 5 below, shall be eligible for vesting to the extent the Performance Goals are achieved. Settlement of any of such vested RSUs will occur in accordance with Section 2 above, unless otherwise provided in Section 9(a) or (b) below.

Termination of Employment After Attaining Age 60 with 20 or More Years of Service. If the Grantee terminates employment on or after February 13, 2016 (other than for Cause) after attaining age 60 with 20 years or more of Company Service and the Grantee executes and delivers (and does not revoke) a release agreement satisfactory to the Company, a pro-rata portion all of the RSUs, as determined in accordance with Section 5 below, unvested Earned RSUs shall be eligible for vesting to the extent the Performance Goals are achievedvest. Settlement of any of such vested RSUs will occur in accordance with Section 2 above, unless otherwise provided in Section 9(a) or (b) below.

Termination of Employment After Attaining Age 60 with 20 or More Years of Service. If the Grantee terminates employment prior to February 13, 2016 (other than for Cause) after attaining age 60 with 20 years or more of Company Service and the Grantee executes and delivers (and does not revoke) a release agreement satisfactory to the Company, a pro-rata portion of the Earned RSUs, as determined in accordance with Section 5 below, shall be eligible for vesting to the extent the Performance Goals are achievedvesting. Settlement of any of such vested RSUs will occur in accordance with Section 2 above, unless otherwise provided in Section 9(a) or (b) below.

Termination of Employment After Attaining Age 60 with 20 or More Years of Service. If the Grantee voluntarily terminates employment (other than for Cause) after attaining age 60 with 20 years or more of Company Service and the Grantee executes and delivers (and does not revoke) a release agreement satisfactory to the Company, a pro-rata portion all of the RSUs, as determined in accordance with Section 5 below, RSUs shall be eligible for vesting to the extent the Performance Goals are achieved. Settlement of any of such vested RSUs will occur in accordance with Section 2 above, unless otherwise provided in Section 9(a) or (b) below.