Common use of Termination on or Within One Year After Corporate Transaction Clause in Contracts

Termination on or Within One Year After Corporate Transaction. In the event of your Involuntary Termination (including your Termination without Cause by the Company’s successor) on or within one year following the date of a Corporate Transaction and before the Vesting Date, this Award will vest immediately on your Termination Date as to a pro rata portion of the Target Shares. The pro rata portion will be a percentage equal to your number of full months of service since the first date of the Performance Period divided by twelve months, rounded down to the nearest whole Share.

Appears in 1 contract

Samples: Incentive Plan Grant Agreement (Intuit Inc)

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Termination on or Within One Year After Corporate Transaction. In the event of your Involuntary Termination (including your Termination without Cause by the Company’s 's successor) on or within one year following the date of a Corporate Transaction and before the Vesting Date, this Award will vest immediately on your Termination Date as to a pro rata portion of the Target Shares. The pro rata portion will be a percentage equal to your number of full months of service since the first date Date of the Performance Period Grant divided by twelve thirty-six months, rounded down to the nearest whole Share.

Appears in 1 contract

Samples: Incentive Plan Grant Agreement (Intuit Inc)

Termination on or Within One Year After Corporate Transaction. In the event of your Involuntary Termination (including your Termination without Cause by the Company’s successor) on or within one year following the date of a Corporate Transaction and before the Vesting Date, this Award will vest immediately on your Termination Date as to a pro rata portion of the Target SharesShares you otherwise would have been entitled to earn under Section 1(f). The pro rata portion will be a percentage equal to your number of full months of service since the first date Date of the Performance Period Grant divided by twelve thirty-six months, rounded down to the nearest whole Share.

Appears in 1 contract

Samples: Intuit Inc

Termination on or Within One Year After Corporate Transaction. In the event of your Involuntary Termination (including your Termination without Cause by the Company’s successor) on or within one year following the date of a Corporate Transaction and before the Vesting Date, this Award will vest immediately on your Termination Date as to a pro rata portion of the Target Shares. The pro rata portion will be a percentage equal to your number of full months of service since the first date Date of the Performance Period Grant divided by twelve thirty-six months, rounded down to the nearest whole Share.

Appears in 1 contract

Samples: Incentive Plan Grant Agreement (Intuit Inc)

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Termination on or Within One Year After Corporate Transaction. In the event of your Involuntary Termination (including your Termination without Cause by the Company’s 's successor) on or within one year following the date of a Corporate Transaction and before the Vesting Date, this Award will vest immediately on your Termination Date as to a pro rata portion of the Target SharesShares you otherwise would have been entitled to earn under Section 1(f). The pro rata portion will be a percentage equal to your number of full months of service since the first date Date of the Performance Period Grant divided by twelve thirty-six months, rounded down to the nearest whole Share.

Appears in 1 contract

Samples: Incentive Plan Grant Agreement (Intuit Inc)

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