Termination of Employment Prior to Vesting Date. Upon termination of employment with the Company prior to a Vesting Date pursuant to this Section 4, the following special vesting and payment terms will apply to your unvested RSUs:
Termination of Employment Prior to Vesting Date. Notwithstanding the foregoing subsection (a), in the event of the Executive’s termination of employment prior to the Tranche 2 Vesting Date, any unvested PRSUs shall be subject to forfeiture in accordance with Section 5 of this Agreement (and no PRSUs that are forfeited pursuant to Section 5 of this Agreement shall become vested pursuant to this Annex B).
Termination of Employment Prior to Vesting Date. Notwithstanding Section 7(a), and subject to Section 7(b), if the Employee’s employment by the Employers and Affiliates is terminated following a Change in Control but prior to the Vesting Date (i) due to death, Disability or Retirement, (ii) by the Company without Cause or (iii) by the Employee for Good Reason, then the Change in Control Shares shall vest and become nonforfeitable and be delivered to the Employee (or his or her beneficiary, as applicable) within sixty (60) days following the date of such termination of employment, subject to Section 9.6; provided, however, that if the Award is considered “nonqualified deferred compensation” within the meaning of section 409A of the Code and (X) the Change in Control is not a “change in control event” within the meaning of section 409A of the Code, (Y) the termination of employment occurred more than two years following the Change in Control, or (Z) the accelerated payment otherwise is not permitted by section 409A of the Code, then the Change in Control Shares shall vest and become nonforfeitable and be delivered to the Employee (or his or her beneficiary, as applicable) following the Vesting Date at the time set forth in Section 6 hereof.
Termination of Employment Prior to Vesting Date. (a) In the event your Employment is terminated for any reason other than a Qualifying Termination prior to any Vesting Date, any unvested Phantom Units shall automatically and immediately be forfeited and cancelled on the date of such termination.
Termination of Employment Prior to Vesting Date. 4.1 If you voluntarily terminate employment with the Company before the Vesting Date or if your employment with the Company is terminated for Disciplinary Reasons before the Vesting Date, the Award will be forfeited.
Termination of Employment Prior to Vesting Date. In the event of the termination of the Employee’s employment with the Company prior to the end of the Vesting Period due to Normal Retirement, Early Retirement, Disability (each as defined under the Company’s applicable retirement or disability plans) or death, the Employee shall be eligible to vest in a pro rata portion of the unvested Units underlying the Award. In the event of the Employee’s termination of employment by the Company other than for Cause, with the approval of the Committee or its delegate, the Employee shall continue to vest in any portion of the Award that would otherwise vest prior to the end of any period in respect of which the Employee receives Separation Pay, as defined in the severance program in which the Employee participates (such period, the “Separation Period”), and the Employee shall be eligible to receive payment of a pro rata portion of the Award; provided, however, that such continued vesting during the Separation Period and payment of the pro rata portion shall be subject to the Employee’s execution and non- revocation of a release in a form to be provided by the Company (the “Release”), releasing the Company and its affiliates and certain other persons and entities from certain claims and other liabilities, which Release must be effective and irrevocable within the time specified in the Release. Except as provided in Section 8 hereof, in the event the Employee voluntarily resigns his or her employment with the Company or is involuntarily terminated by the Company for Cause prior to the Vesting Date, the Employee shall forfeit all rights to the unvested Units subject to the Award and any Dividend Equivalents with respect to such Units.
Termination of Employment Prior to Vesting Date. If you voluntarily terminate employment with the Company before the Vesting Date or if your employment with the Company is terminated for Disciplinary Reasons before the Vesting Date, you will not be entitled to receive any Award. If your employment with the Company is terminated by the Company before the Vesting Date for reasons other than Disciplinary Reasons or as a direct result of a merger, reorganization, sale, or restructuring of all or part of the Company, the Award will vest immediately following your termination date and will be paid in full, subject to applicable withholding, within 90 days following your termination date. The Company may, as a condition precedent to your right to receive any Award payment pursuant to this Section, require you to sign a waiver and release in a form required by the Company. If your employment with the Company is terminated as a result of your death, or total and permanent disability (as determined in the sole discretion of the Company), you will receive, subject to applicable withholding, a pro rata portion of the Award calculated based on the number of days you were employed by the Company during the Award Period compared to the total number of days in the Award Period. The pro rata portion of the Award will vest immediately following your termination date and will be paid in full within 90 days following your termination date.
Termination of Employment Prior to Vesting Date. If the Grantee ceases to be employed by the Company and/or a Subsidiary by reason of a Qualifying Event prior to the Vesting Date, then any credited Premium Award Shares as of the date of the Grantee's termination of employment will vest. In the event of a Qualifying Retirement, Grantee shall continue to vest in the Premium Awards Shares on the same basis as if Grantee had remained an active employee, provided, however, that a forfeiture shall occur if the Grantee, prior to the expiration of the Performance Period, obtains other gainful employment regardless of whether such employment is with a competitor of the Company. The Grantee acknowledges and agrees that the forfeiture of Base Award Shares set forth in the preceding sentence does not constitute a limitation or restriction on the Grantee's right to obtain other employment, but is only a restriction on the Grantee's right to receive unvested Base Award Shares. The Grantee will forfeit the right to any uncredited Premium Award Shares that have not been forfeited previously. If the Grantee's employment with the Company and/or its Subsidiaries terminates for any reason other than a Qualifying Event or a Qualifying Retirement prior to the Vesting Date, all credited and uncredited Premium Award Shares will be forfeited and said shares will be returned to the Company.
Termination of Employment Prior to Vesting Date. (a) In the event your Employment is terminated for any reason other than a Qualifying Termination or Retirement prior to the Vesting Date, the Restricted Units shall automatically and immediately be forfeited and cancelled on the date of such termination.
Termination of Employment Prior to Vesting Date
