Common use of Termination of Employment Generally Clause in Contracts

Termination of Employment Generally. If the Employee’s employment terminates prior to the end of the Performance Share Vesting Period for any reason other than death, Disability, Retirement on or after the first anniversary of the Grant Date or the circumstances described in Section 7(b) or 7(c)(ii), all of the Target Performance Shares will be canceled and none of the Earned Performance Shares will vest.

Appears in 2 contracts

Samples: Equity Award Agreement (Quest Diagnostics Inc), Equity Award Agreement (Quest Diagnostics Inc)

AutoNDA by SimpleDocs

Termination of Employment Generally. If the Employee’s employment terminates prior to the end of the Performance Share Vesting Period for any reason other than death, Disability, Retirement on or after the first anniversary of the Grant Date or the circumstances described in Section 7(b8(b) or 7(c)(ii8(c)(ii), all of the Target Equity Award Agreement [Grant Date] Page | 8 Performance Shares will be canceled and none of the Earned Performance Shares will vest.

Appears in 1 contract

Samples: Equity Award Agreement (Quest Diagnostics Inc)

Termination of Employment Generally. If the Employee’s employment terminates prior to the end of the Performance Share Vesting Period for any reason other than death, Disability, Retirement on death or after the first anniversary of the Grant Date Disability or the circumstances described in Section 7(b) or 7(c)(ii), all of the Target Performance Shares will be canceled and none of the Earned Performance Shares will vest.

Appears in 1 contract

Samples: Equity Award Agreement (Quest Diagnostics Inc)

AutoNDA by SimpleDocs

Termination of Employment Generally. If the Employee’s employment terminates prior to the end of the Performance Share Vesting Period for any reason other than death, Disability, Retirement on death or after the first anniversary of the Grant Date Disability or the circumstances described in Section 7(b) or 7(c)(ii), all of the Target Performance Shares will be canceled and none of the Earned Performance Shares will vest.. Exhibit 10.3

Appears in 1 contract

Samples: Equity Award Agreement (Quest Diagnostics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.