Common use of Age 65 Clause in Contracts

Age 65. If the Participant’s Termination Date does not occur prior to the first anniversary of the Grant Date and if the Participant attains age 65 prior to his Termination Date and prior to full vesting of the RSUs, then all RSUs granted hereunder shall be fully vested upon the later of (i) the first anniversary of the Grant Date or (ii) the date on which the Participant attains age 65.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Mead Johnson Nutrition Co), Restricted Stock Unit Agreement (Mead Johnson Nutrition Co), Restricted Stock Unit Agreement (Mead Johnson Nutrition Co)

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Age 65. If the Participant’s 's Termination Date does not occur prior to the first anniversary of the Grant Date and if the Participant attains age 65 prior to his Termination Date and prior to full vesting of the RSUs, then all RSUs granted hereunder shall be fully vested upon the later of (i) the first anniversary of the Grant Date or (ii) the date on which the Participant attains age 65.

Appears in 1 contract

Samples: Stock Award and Incentive Plan (Mead Johnson Nutrition Co)

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