Common use of Company Match Clause in Contracts

Company Match. You shall become vested in your Company Matching Contribution and all distributions credited with respect to Units into which your Company Matching Contribution has been converted, in installments of one-third of the amount of your Company Matching Contribution and such distributions as of December 31 of each of 2002, 2003 and 2004, provided that you remain in the employ of the Company or an affiliate as of each such December 31, except that the entire amount of your Company Matching Contribution and the related distributions credited to you will fully vest if, prior to your Termination of Employment, you die, incur a Disability or attain age 62. In the event of your Termination of Employment prior to age 62 other than due to death or Disability, to the extent that any portion of your Company Matching Contribution and related distributions is not vested as of the date of your Termination of Employment, such unvested portion shall be forfeited by you.

Appears in 4 contracts

Samples: Deferral Agreement (Alliance Capital Management Holding Lp), Deferral Agreement (Alliance Capital Management Holding Lp), Deferral Agreement (Alliance Capital Management L P)

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