Common use of Vesting Acceleration Upon Termination due to Death or Disability Clause in Contracts

Vesting Acceleration Upon Termination due to Death or Disability. Notwithstanding the foregoing and any other provisions of the Plan to the contrary, in the event that your employment is terminated by the Company due to your death or Disability, then any unvested portion of your Option will vest on the date of your termination of employment.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (Valeant Pharmaceuticals International, Inc.), Valeant Pharmaceuticals International, Inc.

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Vesting Acceleration Upon Termination due to Death or Disability. Notwithstanding the foregoing and any other provisions of the Plan to the contrary, in the event that your employment is terminated by the Company due to your death or Disability, then any unvested portion of your Option Matching Restricted Stock Units will vest on the date of your termination of employment.

Appears in 1 contract

Samples: Matching Restricted Stock Unit Agreement (Bausch Health Companies Inc.)

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Vesting Acceleration Upon Termination due to Death or Disability. Notwithstanding the foregoing and any other provisions of the Plan to the contrary, in the event that your employment is terminated by the Company due to your death or Disability, then any unvested portion of your Option Restricted Stock Units will vest on the date of your termination of employment.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Valeant Pharmaceuticals International, Inc.)

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