Common use of Vesting of Pension Plan Benefits Clause in Contracts

Vesting of Pension Plan Benefits. (1) To the extent that (i) the Executive’s benefits under The PNC Financial Services Group, Inc. ERISA Excess Pension Plan or any successor plan (the “Excess Plan”) are unvested as of the Date of Termination, and (ii) the Executive would become vested in the Excess Plan had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, Executive’s benefits under the Excess Plan shall vest in full and be paid to the Executive in accordance with the terms of such plan. This clause 5(a)(ii)(A)(1) shall constitute an amendment of the Excess Plan. (2) To the extent that (i) the Executive is not fully vested in the accrued benefit under The PNC Financial Services Group, Inc. Pension Plan or any successor plan (the “Pension Plan,” and together with the Excess Plan, the “Company Pension Plans”) as of the Date of Termination, and (ii) the Executive would become vested in the Pension Plan had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, the Company shall immediately credit to the Executive’s account balance under the Excess Plan an amount equal to the Executive’s unvested benefit under the Pension Plan as of the Date of Termination, which amount will be paid to the Executive in accordance with the terms of, and the Executive’s distribution elections (if any) applicable to, the Excess Plan.

Vesting of Pension Plan Benefits. (1) To the extent that (i) the Executive’s benefits under The PNC Financial Services Group, Inc. ERISA Excess Pension Plan or any successor plan (the “Excess Plan”) and The PNC Financial Services Group, Inc. Supplemental Executive Retirement Plan or any successor plan (the “SERP,” and together with the Excess Plan, the “Nonqualified Company Pension Plans”) are unvested as of the Date of Termination, and (ii) the Executive would become vested in the Excess Plan Nonqualified Company Pension Plans had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, the Executive’s benefits under the Excess Plan Nonqualified Company Pension Plans shall vest in full and be paid to the Executive in accordance with the terms of such planplans. This clause 5(a)(ii)(A)(1) shall constitute an amendment of the Excess PlanNonqualified Company Pension Plans. (2) To the extent that (i) the Executive is not fully vested in the accrued benefit under The PNC Financial Services Group, Inc. Pension Plan or any successor plan (the “Pension Plan,” and together with the Excess PlanNonqualified Company Pension Plans, the “Company Pension Plans”) as of the Date of Termination, and (ii) the Executive would become vested in the Pension Plan had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, the Company shall immediately credit to the Executive’s account balance under the Excess Plan an amount equal to the Executive’s unvested benefit under the Pension Plan as of the Date of Termination, which amount will be paid to the Executive in accordance with the terms of, and the Executive’s distribution elections (if any) applicable to, the Excess Plan.

Vesting of Pension Plan Benefits. (1) To the extent that (i) the Executive’s benefits under The PNC Financial Services Group, Inc. ERISA Excess Pension Plan or any successor plan in which the Executive participates as of the Date of Termination (or, if more favorable to the Executive, the plans as in effect immediately prior to the Effective Date) (the “Excess Plan”) are unvested as of the Date of Termination, and (ii) the Executive would become vested in the Excess Plan had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, Executive’s benefits under the Excess Plan shall vest in full and be paid to the Executive in accordance with the terms of such plan. This clause 5(a)(ii)(A)(1) shall constitute an amendment of the Excess Plan. (2) To the extent that (i) the Executive is not fully vested in the accrued benefit under The PNC Financial Services Group, Inc. Pension Plan or any successor plan in which the Executive participates as of the Date of Termination (or, if more favorable to the Executive, the plans as in effect immediately prior to the Effective Date) (the “Pension Plan,” and together with the Excess Plan, the “Company Pension Plans”) as of the Date of Termination, and (ii) the Executive would become vested in the Pension Plan had the Executive’s employment continued for a number of years (including partial years) equal to the Classification Factor, the Company shall immediately credit to the Executive’s account balance under the Excess Plan an amount equal to the Executive’s unvested benefit under the Pension Plan as of the Date of Termination, which amount will be paid to the Executive in accordance with the terms of, and the Executive’s distribution elections (if any) applicable to, the Excess Plan.