Termination of Service on Account of Retirement. If the Participant voluntarily retires according to Luxembourg employment law, all of the Participant’s then unvested Stock Awards shall vest on the Participant’s termination date. Section 4(d) above shall be amended to (i) delete the phrase “that also constitutes a ‘disability’ within the meaning of Section 409A of the Code” therefrom and (ii) add the following language at the end thereof:
Appears in 3 contracts
Samples: Stock Award Agreement (Endo International PLC), PLC Stock Award Agreement (Endo International PLC), PLC Stock Award Agreement (Endo International PLC)
Termination of Service on Account of Retirement. If the Participant voluntarily retires according to Luxembourg employment law, all of the Participant’s then unvested Stock Awards shall vest on the Participant’s termination date. Section 4(d) above shall be amended to (i) delete the phrase “that also constitutes a ‘disability’ within the meaning of Section 409A of the Code” therefrom and (ii) add the following language at the end thereof:
Appears in 2 contracts
Samples: Award Agreement (Endo International PLC), Award Agreement (Endo International PLC)
