Termination by Reason of Retirement. If the Grantee's employment with the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall be settled in Stock to the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).
Termination by Reason of Retirement. If the Grantee'Grantee’s employment withis terminated at least six (6) months following the Company terminates by reasonGrant Date as a result of Retirement (as defined in the Plan),Retirement, the Restricted Stock Units granted hereunder shall not be forfeited but shall be settledcontinue to vest through the Vesting Dates, and the Company will deliver to Grantee, or his or her legal representative, one Share for each Restricted Stock Unit vested on that date in Stock to the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).accordance with paragraph 2.
Termination by Reason of Retirement.Other Termination. If the Grantee's employment withby the Company terminates byis terminated for any reason of Retirement (as definedother than as described in the Plan), the[Sections 3.1 through 3.4] above, then all Restricted Stock Units granted hereunder shallthat have not vested prior to the date of termination of Grantee's employment will be forfeited but shall be settled in Stock toand the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through eachshall have no further rights with respect to such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).Restricted Stock Units.
Termination by Reason of Retirement.the Company for Cause. If the Grantee's employment with the Company terminates by reason of Retirement (as defined in the Plan), theis involuntarily terminated for Cause, then all Restricted Stock Units granted hereunder shallthat have not vested prior to the date of termination of Grantee's employment will be forfeited but shall be settled in Stock toand the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through eachshall have no further rights with respect to such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).Restricted Stock Units.
Termination by Reason of Retirement.Death or Disability. If the Grantee's employment withby the Company terminates by reason of Retirementdeath or Disability (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall be settled in Stock to the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).immediately vest.
Termination by ReasonOther Termination. Except as provided in [Sections 2(b), 2(c), 2(d) and 2(e)])])])], in the event of Retirement. Ifa termination of employment, the Grantee'Grantee will forfeit all Restricted Stock Units that do not vest either before the termination date or on the termination date associated with such termination. Except as provided in [Section 2(e)], no Restricted Stock Units will vest after the Grantee’s employment with the Company terminates by reason of Retirement (as definedor an Affiliate has terminated for any reason. For clarification purposes, in the Plan),event the Grantee’s employment is terminated by the Company or an Affiliate for Cause, the outstanding Restricted Stock Units granted hereunderheld by such Grantee shall notimmediately terminate and be forfeited but shall be settled in Stock to the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3]of no further force or [Section 5.2]).effect.
Termination by Reason of Retirement. IfService Relationship. Except as set forth in [Section 3(c)] of the Grantee'Plan, if the Grantee’s employment withService Relationship terminates for any reason (including death or disability) prior to the Company terminates by reasonsatisfaction of Retirement (as definedthe vesting conditions set forth in the Plan), theParagraph 2 above, any Restricted Stock Units granted hereunderthat have not vested as of such date shall notautomatically and without notice terminate and be forfeited but shall be settled in Stock toforfeited, and neither the Grantee on the same schedule as providednor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).unvested Restricted Stock Units.
Termination by ReasonForfeiture. Upon the termination of Retirement. If the Grantee's employment with the Company terminates by reason of Retirement (as defined inprior to the Plan),time the Restricted Stock Units granted hereunderhave vested pursuant to [Section I].C., other than a termination in the event of Grantee’s Retirement, death, Disability or a Change in Control Termination, the Restricted Stock Units and DERs shall notthereupon be forfeited butimmediately by Grantee. In the event of Grantee’s Retirement, a prorated portion of the Restricted Stock Units and DERs that would have vested on the next Vesting Date shall vest in accordance with [Section I].C.(ii) and the Grantee shall forfeit the remaining unvested portion of the Restricted Stock Units and DERs; provided, however, that the Committee may determine, in its sole discretion, that some or all of the unvested Restricted Stock Units and DERs held by the Grantee that would otherwise be forfeited as of the date of Retirement shall vest. For the avoidance of doubt, no Restricted Stock Units or DERs shall be settledforfeited upon Grantee’s termination of employment due to Disability, with such Restricted Stock Units and DERs continuing to vest in Stock toaccordance with the Grantee on the same schedule asVesting Dates provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2])I].C.
Termination by Reason of Retirement.Employment Termination. If the Grantee'Grantee’s employment with the CompanyCorporation and its Subsidiaries terminates by reasonbefore the end of Retirement (as definedthe Restriction Period, this Restricted Stock Unit Award shall be forfeited on the date of such termination, except to the extent otherwise expressly provided below or in a change-in-control or severance agreement between the Corporation and the Grantee. In the event of the termination of the Grantee’s employment or service with the Corporation or its Subsidiaries as a result of the Grantee’s death, Disability, or Qualified Retirement, the requirement that the Grantee remain in the Plan),employ of the Corporation or a Subsidiary through the end of the Restriction Period will be waived and the Grantee will receive payment and delivery of shares of Stock in respect of the Restricted Stock Units granted hereunder shall not be forfeitedat the same time as and in accordance with [Section 2] above, but shall be settled in Stockprorated based on a fraction, the numerator of which is the number of calendar days during the Restriction Period prior to the Grantee ondate of the same schedule as provided in [Section 2] (or otherwise) as ifGrantee’s termination of employment or service and the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).denominator of which is 1095.
TerminationTermination. Except as may otherwise be provided by Reasonthe Administrator either in the Award Certificate or, subject to [Section 15] below, in writing after the Award is issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon the grantee’s termination of Retirement. If the Grantee's employment (or cessation of Service Relationship) with the Company terminates by reason of Retirement (as defined in the Plan), the Restricted Stock Units granted hereunder shall not be forfeited but shall be settled in Stock to the Grantee on the same schedule as provided in [Section 2] (or otherwise) as if the Grantee had continued employment through each such Vesting Date (or such other vesting event pursuant to [Section 3.3] or [Section 5.2]).and its Subsidiaries for any reason.
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