Common use of Death Following Qualifying Termination of Employment Clause in Contracts

Death Following Qualifying Termination of Employment. If a Participant dies after incurring a Qualifying Termination of Employment, but before the dates set forth in Section 4(a)(iv) of the 2016 LTIP, with respect to any portion of the Restricted Stock subject to the Restrictions, the Restrictions shall immediately lapse and be of no further force or effect as of the date of the Participant’s death. PERFORMANCE AWARD

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Death Following Qualifying Termination of Employment. If a Participant dies after incurring a Qualifying Termination of Employment, but before the dates set forth in Section 4(a)(iv) of the 2016 2018 LTIP, with respect to any portion of the Restricted Stock subject to the Restrictions, the Restrictions shall immediately lapse and be of no further force or effect as of the date of the Participant’s death. PERFORMANCE AWARD

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Death Following Qualifying Termination of Employment. If a Participant dies after incurring a Qualifying Termination of Employment, but before the dates set forth in Section 4(a)(iv) of the 2016 2017 LTIP, with respect to any portion of the Restricted Stock subject to the Restrictions, the Restrictions shall immediately lapse and be of no further force or effect as of the date of the Participant’s death. PERFORMANCE AWARD

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Death Following Qualifying Termination of Employment. If a Participant dies after incurring a Qualifying Termination of Employment, but before the dates set forth in Section 4(a)(iv) of the 2016 2019 LTIP, with respect to any portion of the Restricted Stock subject to the Restrictions, the Restrictions shall immediately lapse and be of no further force or effect as of the date of the Participant’s death. PERFORMANCE AWARD

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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