Common use of Vesting Upon Death Clause in Contracts

Vesting Upon Death. Notwithstanding the foregoing, such number of RSUs shall vest immediately in the event Participant’s service terminates as a result of his or her death as is determined by multiplying (i) the Target RSUs, by (ii) the percentage determined by dividing (x) the number of calendar days elapsed from the beginning of the Performance Period through and including the date of death, by (y) one thousand ninety-five.

Vesting Upon Death. Notwithstanding the foregoing, such number of RSUs shall vest immediately in the event Participant’s service Continuous Service terminates as a result of his or her death as is determined by multiplying (i) the Target RSUs, RSUs by (ii) the percentage determined by dividing (x) the number of calendar days elapsed from the beginning of the Performance Period through and including the date of death, by (y) one thousand ninety-five.