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 on the Participant’s last day of active employment with the Company. All such vested Restricted Stock Units shall remain subject to the payment and forfeiture provisions of Paragraphs B.2 and B.3.
Appears in 4 contracts
Samples: Long Term Incentive Award Agreement (Pepsico Inc), Performance Based Long Term Incentive Award (Pepsico Inc), Performance Based Long Term Incentive Award (Pepsico Inc)
