Common use of Termination Other Than for Death Clause in Contracts

Termination Other Than for Death. In the event of the termination of the Employee’s employment with the Company prior to the end of any Vesting Period other than for death (including, without limitation, Normal Retirement, Early Retirement, Disability (each as defined under the Company’s applicable retirement or disability plans), or other than for Cause), the Employee’s pro rata portion of the Award otherwise determined to have matured shall be delivered to the Employee on the regularly scheduled Payment Date. For the avoidance of doubt, in the case of a termination by the Company other than for Cause, if the Employee does not execute a Release or a Release does not become effective and irrevocable in its entirety prior to the expiration of the time specified in the Release, the Employee shall not be entitled to any payments pursuant to this Section 7.

Appears in 2 contracts

Samples: Restricted Stock Unit Award (S&P Global Inc.), Terms and Conditions Of (S&P Global Inc.)

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Termination Other Than for Death. In the event of the termination of the EmployeeParticipant’s employment with the Company Group prior to the end of any Vesting Period Date other than for death (including, without limitation, Normal Retirement, Early Retirement, Disability (each as defined under the Company’s applicable retirement or disability plansplans applicable to the Participant), or other than for Cause), the EmployeeParticipant’s pro rata portion of the Award otherwise determined to have matured vested shall be delivered to the Employee Participant on the regularly scheduled Payment Date. For the avoidance of doubt, in the case of a termination by the Company or other member of the Company Group other than for Cause, if the Employee Participant does not execute a Release or a Release does not become effective and irrevocable in its entirety prior to the expiration of the time specified in the Release, the Employee Participant shall not be entitled to any payments pursuant to this Section 7.

Appears in 1 contract

Samples: Terms and Conditions of 2022 Restricted Stock Unit Award (S&P Global Inc.)

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Termination Other Than for Death. In the event of the termination of the Employee’s employment with the Company prior to the end of any the Vesting Period other than for death (including, without limitation, Normal Retirement, Early Retirement, Disability (each as defined under the Company’s applicable retirement or disability plans), or other than for Cause), the Employee’s pro rata portion of the Award otherwise determined to have matured shall be delivered to the Employee on the regularly scheduled Payment Date. For the avoidance of doubt, in the case of a termination by the Company other than for Cause, if the Employee does not execute a Release or a Release does not become effective and irrevocable in its entirety prior to the expiration of the time specified in the Release, the Employee shall not be entitled to any payments pursuant to this Section 7.

Appears in 1 contract

Samples: Restricted Stock Unit Award (S&P Global Inc.)

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