Common use of Termination of Employment by Reason of Death or Disability Clause in Contracts

Termination of Employment by Reason of Death or Disability. If a Termination of Employment of Awardee occurs by reason of death or by the Company on account of Disability prior to any portion of the Restricted Stock Units vesting as provided in Paragraph 1 hereof, but at least six (6) months from the Grant Date, then any unvested Restricted Stock Units shall immediately vest in full on the date of such Termination of Employment and shall not be forfeited.

Appears in 7 contracts

Samples: Restricted Stock Units Agreement, Restricted Stock Units Agreement (CAREFUSION Corp), Restricted Stock Units Agreement (CAREFUSION Corp)

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Termination of Employment by Reason of Death or Disability. If a Termination of Employment of Awardee occurs by reason of death or by the Company on account of Disability prior to any portion the vesting in full of the Restricted Stock Units vesting as provided in Paragraph 1 hereofUnits, but at least six (6) months from the Grant Date, then any unvested Restricted Stock Units shall immediately vest in full on the date of such Termination of Employment and shall not be forfeited.

Appears in 2 contracts

Samples: Employment Agreement (CareFusion Corp), Restricted Stock Units Agreement (CareFusion Corp)

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Termination of Employment by Reason of Death or Disability. If a Termination termination of Employment employment of Awardee Grantee occurs by reason of death or by the Company on account of Disability prior to any portion the vesting in full of the Restricted Stock Units vesting as provided in Paragraph 1 hereofUnits, but at least six (6) months from the Grant Date, then any unvested Restricted Stock Units shall immediately vest in full on the date of such Termination of Employment and shall not be forfeited.

Appears in 1 contract

Samples: Employment Agreement (Imprimis Pharmaceuticals, Inc.)

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