Common use of Termination of Employment Prior to Vesting Clause in Contracts

Termination of Employment Prior to Vesting. If your employment with the Company and its subsidiaries terminates prior to the Vesting Date of Units, then such Units shall be forfeited; provided, however, that the Units shall become immediately vested in the event of termination of your employment as a result of: (i) your death or (ii) your becoming totally disabled under the Company’s Long-Term Disability Plan, and provided, further that in the event of termination of your employment as a result of your retirement under the Company’s Salaried Pension Plan (or a similar pension plan maintained by a subsidiary that is your employer) the Units shall become immediately vested upon such retirement in the following amounts: one-third of the Units will become vested if your retirement occurs on or after the first anniversary of the Grant Date but before the second anniversary of the Grant Date, and two-thirds of the Units will become vested if your retirement occurs on or after the second anniversary of the Grant Date but before the third anniversary of the Grant Date.

Termination of Employment Prior to Vesting. If your employment with the Company and its subsidiaries terminates prior to the Vesting Date of Units, then such Units shall be forfeited; provided, however, that the Units shall become immediately vested in the event of termination of your employment as a result of: (i) your death or (ii) your becoming totally disabled under the Company’s Long-Term Disability Plan, and provided, further that in the event of termination of your employment as a result of your retirement under the Company’s Salaried Pension Plan (or a similar pension plan maintained by a subsidiary that is your employer) the Units shall become immediately vested upon such retirement the earlier of the third anniversary of the Grant Date or the date of your death, in each case in the following amounts: one-third of the Units will become vested if your retirement occurs on or after the first anniversary of the Grant Date but before the second anniversary of the Grant Date, and two-thirds of the Units will become vested if your retirement occurs on or after the second anniversary of the Grant Date but before the third anniversary of the Grant Date.

Termination of Employment Prior to Vesting. If your employment with the Company and its subsidiaries terminates prior to the Vesting Date of Units, then such Units shall be forfeited; provided, however, that the Units shall become immediately vested in the event of termination of your employment as a result of: (i) your death or (ii) your becoming totally disabled under the Company’s Long-Term Disability Plan, and provided, further that in the event of termination of your employment as a result of your retirement under the Company’s Salaried Pension Retirement Plan (or a similar pension plan maintained by a subsidiary that is your employer) the Units shall become immediately vested upon such retirement the earlier of the third anniversary of the Grant Date or the date of your death, in each case in the following amounts: one-third of the Units will become vested if your retirement occurs on or after the first anniversary of the Grant Date but before the second anniversary of the Grant Date, and two-thirds of the Units will become vested if your retirement occurs on or after the second anniversary of the Grant Date but before the third anniversary of the Grant Date, and all of the unvested Units will become vested if your retirement occurs on or after the third anniversary of the Grant Date.

Termination of Employment Prior to Vesting. If your employment with the Company and its subsidiaries terminates prior to the Vesting Date of Units, then such Units shall be forfeited; provided, however, that the Units shall become immediately vested in the event of termination of your employment as a result of: (i) your death or (ii) your becoming totally disabled under the Company’s Long-Term Disability Plan, and provided, further that in the event of termination of your employment as a result of your retirement under the Company’s Salaried Pension Plan (or a similar pension plan maintained by a subsidiary that is your employer) Retirement Plan, the Units shall become immediately vested upon such retirement the earlier of the third anniversary of the Grant Date or the date of your death, in each case in the following amounts: one-third of the Units will become vested if your retirement occurs on or after the first anniversary of the Grant Date but before the second anniversary of the Grant Date, and two-thirds of the Units will become vested if your retirement occurs on or after the second anniversary of the Grant Date but before the third anniversary of the Grant Date, and all of the unvested Units will become vested if your retirement occurs on or after the third anniversary of the Grant Date.