Termination Related to Retirement. Upon Participant’s Termination of Employment due to Retirement at least one year after the Grant Date, a pro-rata portion of the Units granted under this Award Agreement shall immediately vest upon Participant’s Last Day of Employment. The pro-rata portion of Units shall be equal to a percentage based upon the number of whole months of service completed between the Grant Date and Participant’s Last Day of Employment divided by thirty-six (36), minus the number of Units already vested pursuant to Section 1.4.
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Samples: Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)
Termination Related to Retirement. Upon Participant’s 's Termination of Employment due to Retirement at least one year after the Grant Date, a pro-rata portion of the Units granted under this Award Agreement shall immediately vest upon Participant’s 's Last Day of Employment. The pro-rata portion of Units shall be equal to a percentage based upon the number of whole months of service completed between the Grant Date and Participant’s 's Last Day of Employment divided by thirty-six (36), minus the number of Units already vested pursuant to Section 1.4.
Appears in 1 contract
Samples: Award Agreement (H&r Block Inc)