Common use of Transfers to a Related Entity Clause in Contracts

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 Restricted Stock Units shall become fully vested and payable on the date of such transfer.

Appears in 3 contracts

Samples: Long Term Incentive Award Agreement (Pepsico Inc), Restricted Stock Units Agreement (Pepsico Inc), Restricted Stock Unit Agreement (Pepsico Inc)

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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 Restricted Stock Units shall become fully vested and payable on the date of such transfertransfer and shall be payable as soon as practicable after that date (net of any Restricted Stock Units previously paid out).

Appears in 2 contracts

Samples: Annual Long Term Incentive Award (Pepsico Inc), Annual 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 Restricted Stock Units shall become fully vested and payable on the date of such transfertransfer and shall be payable as soon as practicable after that date.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Pepsico Inc), Restricted Stock Unit Agreement (Pepsico Inc)

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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 Restricted Stock Units shall become fully vested and payable on the date of such transfertransfer (net of any Restricted Stock Units previously paid out).

Appears in 1 contract

Samples: Annual Long Term Incentive Award (Pepsico Inc)

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