Common use of Termination of Service Due to Death Clause in Contracts

Termination of Service Due to Death. This provision replaces Section 4(b) of the Award Agreement in its entirety: Notwithstanding any provision in the Plan or Award Agreement to the contrary, in the event of Awardee’s death while employed by the Company or a Subsidiary or Affiliate or after Awardee’s retirement in accordance with the applicable local retirement policy (as determined by the Company), on the date of death, the Stock Award shall become fully transferable to Awardee’s heirs. Awardee’s heirs may request issuance of the underlying Shares within six (6) months of Awardee’s death. If Awardee’s heirs do not request the issuance of the underlying Shares within six (6) months of Awardee’s death, the Stock Award will be forfeited.

Termination of Service Due to Death. This provision replaces Section 4(b) of the Award Agreement in its entirety: Notwithstanding any provision in the Plan or Award Agreement to the contrary, in the event of Awardee’s 's death while employed by the Company or a Subsidiary or Affiliate or after Awardee’s retirement in accordance with the applicable local retirement policy (as determined by the Company)'s Retirement, on the date of death, the Stock Award shall become fully transferable to Awardee’s 's heirs. Awardee’s Xxxxxxx's heirs may request issuance of the underlying Shares within six (6) months of Awardee’s 's death. If Awardee’s 's heirs do not request the issuance of the underlying Shares within six (6) months of Awardee’s 's death, the Stock Award will be forfeited.

Termination of Service Due to Death. This provision replaces Section 4(b) of the Award Agreement in its entirety: Notwithstanding any provision in the Plan or Award Agreement to the contrary, in the event of Awardee’s 's death while employed by the Company or a Subsidiary or Affiliate or after Awardee’s 's retirement in accordance with the applicable local retirement policy (as determined by the Company), on the date of death, the Stock Award shall become fully transferable to Awardee’s 's heirs. Awardee’s Xxxxxxx's heirs may request issuance of the underlying Shares within six (6) months of Awardee’s 's death. If Awardee’s 's heirs do not request the issuance of the underlying Shares within six (6) months of Awardee’s 's death, the Stock Award will be forfeited.