Approved Separation. In the event of the Participant’s Approved Separation prior to the Performance Period End Date, the Performance Share Units shall vest in full as of the date of the Approved Separation, and such vested Performance Share Units shall be determined and paid as otherwise provided in Paragraphs 3 and 4. The death of the Participant following the Participant’s Approved Separation shall have no effect on this Paragraph 7.
Appears in 5 contracts
Sources: Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Share Unit Award Agreement (Marathon Petroleum Corp)
Approved Separation. In the event of the Participant’s Approved Separation prior to the Performance Period Cycle End Date, the Performance Share Units shall vest in full as of the date of the Approved Separation, and such vested Performance Share Units shall be determined and paid as otherwise provided in Paragraphs 3 and 4. The death of the Participant following the Participant’s Approved Separation shall have no effect on this Paragraph 7.
Appears in 1 contract
Sources: Performance Share Unit Award Agreement (Marathon Petroleum Corp)