Termination of Employment Upon Death, Disability or Retirement Sample Clauses
Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), or retirement at or after age 65, all unvested Options shall become fully vested and exercisable, and may be exercised by the Participant, the Participant’s estate, beneficiary, or representative, as the case may be, for a period of three months after the date of termination of service or until the Expiration Date, whichever is shorter.
Termination of Employment Upon Death, Disability or Retirement. The Officer's employment shall terminate upon the Officer's death, Disability or Retirement during the Employment Period and the obligations of the Company upon such termination shall be limited to those benefits provided by the Plans at the Date of Termination, except as specifically set forth herein or in the Stock Unit Agreement.
Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of death, disability (as determined by the Committee), or retirement on or after that date when the Participant reaches the age of 65, all unvested shares of Restricted Stock shall become fully vested.
Termination of Employment Upon Death, Disability or Retirement. The Executive's employment shall terminate upon the Executive's death, Disability or Retirement during the Employment Period and the obligations of the Company upon such termination shall be limited to those benefits provided by the Company's Plans at the Date of Termination, except as specifically set forth herein or in the Stock Unit Agreement.
Termination of Employment Upon Death, Disability or Retirement. Upon termination of the Participant’s employment with the Company or its subsidiaries or affiliates by reason of the Participant’s death, disability (as determined by the Committee), or retirement on or after that date when the Participant reaches the age of 65, that portion of the Option which is not then vested shall become fully vested and exercisable, and may be exercised by the Participant, the Participant’s estate, beneficiary, or representative, as the case may be, for a period of three months after the date of termination of service or until the Expiration Date, whichever period of time is shorter.
Termination of Employment Upon Death, Disability or Retirement. If the Participant’s employment is terminated during the Performance Measurement Period by reason of the Participant’s death, disability or retirement at age 65 or older, the Restricted Stock Award will be prorated based on the date of death, disability or retirement and the number of months the Participant was actively employed during the Performance Measurement Period. The Restricted Stock Award, as so prorated, which shall vest shall be determined in accordance with Section 8 as of the first day of the year following the end of the Performance Measurement Period.