Common use of Full Career Eligibility Clause in Contracts

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

AutoNDA by SimpleDocs

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including such as an employee, contractor, consultant advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including such as an employee, contractor, consultant advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, 60 and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including such as an employee, contractor, consultant, advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 2 contracts

Samples: Award Agreement (Jpmorgan Chase & Co), Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including such as an employee, contractor, consultant, advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the Code. You must notify JPMorgan Chase in writing in advance if you plan to perform services for any party or if you will be self-employed during the vesting periods. Failure to provide such notification could impact award vesting. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In For the two year period commencing with the date of termination of your employment (or if longer the 90 day period commencing with the last Exercisable Date occurring during such two year period), any Stock Appreciation Right that is exercisable on your termination date or becomes exercisable during such period may be exercised by you in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardexercise period, you do not either not, to the fullest extent enforceable under applicable law, (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)) You must notify JPMorgan Chase in advance in writing if you are to perform services for any party or if you are self-employed following the date of your termination of employment. Failure to provide such notification could impact your right to exercise.

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the Code. You must notify JPMorgan Chase in writing in advance if you plan to perform services for any party or if you will be self-employed during the vesting periods. Failure to provide such notification could impact award vesting Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In For the two year period commencing with the date of termination of your employment (or if longer the 90 day period commencing with the last Exercisable Date occurring during such two year period), any Stock Appreciation Right that is exercisable on your termination date or becomes exercisable during such period may be exercised by you in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardexercise period, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policiesin certain business units (or equivalent organizational unit or department). (See “Special Notice Period” below.)) You must notify JPMorgan Chase in advance in writing if you are to perform services for any party or if you are self-employed following the date of your termination of employment. Failure to provide such notification could impact your right to exercise.

Appears in 1 contract

Samples: Award Agreement (J P Morgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, 60 and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either not, to the fullest extent enforceable under applicable law, (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the United States Internal Revenue Code (‘Code”). Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In For the two year period commencing with the date of termination of your employment (or if longer the 90 day period commencing with the last Exercisable Date occurring during such two year period), any Stock Appreciation Right that is exercisable on your termination date or becomes exercisable during such period may be exercised by you in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardexercise period, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In For the two year period commencing with the date of termination of your employment (or if longer the 90 day period commencing with the last Exercisable Date occurring during such two year period), any Stock Appreciation Right that is exercisable on your termination date or becomes exercisable during such period may be exercised by you in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardexercise period, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)) You must notify JPMorgan Chase in advance in writing if you are to perform services for any party or if you are self-employed following the date of your termination of employment. Failure to provide such notification could impact your right to exercise.

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including such as an employee, contractor, consultant, advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education education, or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

AutoNDA by SimpleDocs

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including such as an employee, contractor, consultant advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education education, or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In Any Stock Appreciation Rights that were exercisable as of the date of your employment termination will remain exercisable for a two year period following your termination date but in no event beyond the Expiration Date in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, provision during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to for the two year period following your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awarddate, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company or (as defined belowii) or work in your profession (whether or not for a non-Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as period, or may place you on a condition paid leave for all or a part of the 90-day period. You and the Firm may mutually agree to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretionnotice period, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice You will be required to timely execute and deliver a release of claims in favor of the Firm, having such form and terms as the Firm shall specify, to have all or any portion of your award remain exercisable after the termination of your employment and you must certify compliance with the above requirements may apply on a form provided by the Firm in connection with exercise. With respect to full career eligibility, you must notify JPMorgan Chase in writing if you perform services for employees subject to notice period policiesany party or if you are self-employed following the date of your termination of employment. (See “Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (J P Morgan Chase & Co)

Full Career Eligibility. In Any Stock Appreciation Rights that were exercisable as of the date of your employment termination will remain exercisable for a two year period following your termination date but in no event beyond the Expiration Date in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, provision during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to for the two year period following your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awarddate, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a non-Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policiesin certain business units (or equivalent organizational unit or department). (See “Special Notice Period” below.)) You will be required to timely execute and deliver a release of claims in favor of the Firm, having such form and terms as the Firm shall specify, to have all or any portion of your award remain exercisable after the termination of your employment and you must certify compliance with the above requirements on a form provided by the Firm in connection with an exercise. If you fail to return the required release within the specified deadline, your outstanding Stock Appreciation Rights will be cancelled. With respect to full career eligibility, you must notify JPMorgan Chase in advance in writing if you are to perform services for any party or if you are self-employed following the date of your termination of employment. Failure to provide such notification could impact your right to exercise.

Appears in 1 contract

Samples: Award Agreement (J P Morgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (including such as an employee, contractor, consultant advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education education, or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In For the two year period commencing with the date of termination of your employment (or if longer the 90 day period commencing with the last Exercisable Date occurring during such two year period), any Stock Appreciation Right that is exercisable on your termination date or becomes exercisable during such period may be exercised by you in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated terminate your employment with the Firm, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be the Firm determines prior to the date your employment terminates that the ability to continue exercise the award is appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardexercise period, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole 's discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In Any Stock Appreciation Rights that were exercisable as of the date of your employment termination will remain exercisable for a two year period following your termination date but in no event beyond the Expiration Date in the event that the Director of Human Resources or nominee in his or her sole discretion determines that that: • you voluntarily terminated your employment with leave the FirmFirm voluntarily, had have completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, provision during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to for the two year period following your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awarddate, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a non-Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180the 90-day period as a condition to continued vesting or shorten the length of the 18090-day notice period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policiesin certain business units (or equivalent organizational unit or department). (See “Special Notice Period” below.)) You will be required to timely execute and deliver a release of claims in favor of the Firm, having such form and terms as the Firm shall specify, to have all or any portion of your award January 20, 2009 Stock Appreciation Rights — Operating Committee (continued) remain exercisable after the termination of your employment and you must certify compliance with the above requirements on a form provided by the Firm in connection with an exercise. If you fail to return the required release within the specified deadline, your outstanding Stock Appreciation Rights will be cancelled With respect to full career eligibility, you must notify JPMorgan Chase in advance in writing if you are to perform services for any party or if you are self-employed following the date of your termination of employment. Failure to provide such notification could impact your right to exercise.

Appears in 1 contract

Samples: Award Agreement (J P Morgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either not, to the fullest extent enforceable under applicable law, (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the Code. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either not, to the fullest extent enforceable under applicable law, (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the United States Internal Revenue Code (“Code”). Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In This award will continue to vest on the event that original schedule, subject to the Director prior written consent of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equaled equals or exceeded exceeds 60, and • you provided provide at least 180 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided provide such services as requested by the Firm in a cooperative and professional manner and you did do not perform any services for any other employer, and • continued for the remainder of the relevant vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this awardperiod, you do not either (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied satisfy the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 18090-day period as a condition to continued vesting or shorten the length of the 18090-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. The foregoing clause dealing with Full Career Eligibility has no application to any United States taxpayer who is or becomes subject to Section 457A of the Code. With respect to Full Career Eligibility, you must notify JPMorgan Chase in writing in advance if you plan to perform services for any party or if you will be self-employed during the vesting periods. Failure to provide such notification could impact award vesting. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Special Notice Period” below.)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 6015 years, or your combined Recognized Service with the Firm and external professional experience (as attested by you to the Firm) equaled or exceeded 30 years, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, award you do not either perform services in any capacity (including such as an employee, contractor, consultant, advisor, or self-employmentemployed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirementsrequirement. Additional advance notice requirements may apply for employees subject to notice period policies. policies (See see “Notice Period” below).)

Appears in 1 contract

Samples: Award Agreement (Jpmorgan Chase & Co)

Time is Money Join Law Insider Premium to draft better contracts faster.