Common use of Termination of Employment Due to Death or Disability Clause in Contracts

Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the Performance-Vested RSUs shall vest immediately as of such termination at the Target level of performance; provided, however that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of Performance-Vested RSUs that vest will be prorated for the number of completed months of Employment during the applicable performance period.

Appears in 2 contracts

Samples: Grant Agreement (Cushman & Wakefield PLC), Time and Performance Based Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

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Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the Performance-Vested RSUs shall vest immediately as of such termination at the Target level of performance; provided, however that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of Performance-Vested RSUs that vest will be prorated for the number of completed months of Employment during since the applicable performance periodGrant Date, divided by 36.

Appears in 2 contracts

Samples: 2024 Performance Vested Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC), 2024 Performance Vested Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the PerformanceTime-Vested RSUs shall vest immediately as of such termination at to the Target level of performanceextent not otherwise vested; provided, however however, that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of PerformanceTime-Vested RSUs that vest will be prorated for the number of completed months of Employment during since the applicable performance periodGrant Date, divided by 36.

Appears in 1 contract

Samples: Time Vested Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the PerformanceTime-Vested RSUs shall vest immediately as of such termination at to the Target level of performanceextent not otherwise vested; provided, however however, that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of PerformanceTime-Vested RSUs that vest will be prorated for the number of completed months of Employment during the applicable performance periodEmployment, divided by 36.

Appears in 1 contract

Samples: Time and Performance Based Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the PerformanceTime-Vested RSUs shall vest immediately as of such termination at to the Target level extent not otherwise vested if such termination of performanceEmployment; provided, however however, that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of PerformanceTime-Vested RSUs that vest will be prorated for the number of completed months of Employment during the applicable performance periodEmployment, divided by 48.

Appears in 1 contract

Samples: Time and Performance Based Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

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Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the Performance-Vested RSUs shall vest immediately as of such termination at the Target level of performance; provided, however that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of Performance-Vested RSUs that vest will be prorated for the number of completed months of Employment during the applicable performance period.

Appears in 1 contract

Samples: Time and Performance Based Restricted Stock Unit Grant Agreement (Cushman & Wakefield PLC)

Termination of Employment Due to Death or Disability. Subject to the terms of this Agreement, in the event the Participant’s Employment is terminated due to the Participant’s death or Disability, the PerformanceTime-Vested RSUs shall vest immediately as of such termination at to the Target level extent not otherwise vested if such termination of performanceEmployment; provided, however however, that if such termination of Employment occurs prior to the first anniversary of the Grant Date, that the number of PerformanceTime-Vested RSUs that vest will be prorated for the number of completed months of Employment during the applicable performance periodEmployment, divided by 36.

Appears in 1 contract

Samples: Grant Agreement (Cushman & Wakefield PLC)

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