Transfers to a Related Entity. In the event the Participant transfers to a Related Entity (as defined below), as a result of actions by PepsiCo, the Options shall become fully vested on the date of such transfer and shall become exercisable as soon as practicable thereafter and shall otherwise remain outstanding and be exercisable in accordance with this Agreement.
Appears in 8 contracts
Samples: Annual Long Term Incentive Award (Pepsico Inc), Stock Option Agreement (Pepsico Inc), Performance Based Long Term Incentive Award (Pepsico Inc)
Transfers to a Related Entity. In the event the Participant transfers to a Related Entity (as defined below), as a result of actions by PepsiCo, the Options shall become fully vested and exercisable on the date of such transfer and shall become exercisable as soon as practicable thereafter and shall otherwise remain outstanding and be exercisable in accordance with this Agreement.
Appears in 6 contracts
Samples: Long Term Incentive Award Agreement (Pepsico Inc), Annual Long Term Incentive Award (Pepsico Inc), Long Term Incentive Award Agreement (Pepsico Inc)
Transfers to a Related Entity. In the event the Participant Optionee transfers to a Related Entity (as defined below), as a result of actions by PepsiCo, the Options shall become fully vested and exercisable on the date of such transfer and shall become exercisable as soon as practicable thereafter and shall otherwise remain outstanding and be exercisable in accordance with this Agreement.
Appears in 1 contract
Samples: Stock Option Agreement (Pepsico Inc)
