Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • (i) you voluntarily terminated your employment with the Firm, and (ii) had completed at least five years of Recognized Service (as defined below) on your date of termination, with at least three years of continuous service with the Firm immediately preceding your termination date or, if you are over 60 years of age with at least three 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 • you satisfied the Release/Certification requirements set forth below, and • for 36 months from the date of grant of this award you do not either perform services in any capacity (such as an employee, contractor, consultant, advisor, or self-employed 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 do one or more of the following: ◦ work in a government, education or Not-for-Profit Organization (as defined below), ◦ subject to disclosure and confirmation of the following, serve as a non-employee director on the board of a public or non-public company that is not a Financial Services Company. ◦ receive confirmation from the firm to continue to serve as a non-employee director on the board of a public or non-public company for which you served while employed. 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
Sources: Restricted Stock Unit 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 • (i) you voluntarily terminated your employment with the Firm, and (ii) had following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of Recognized Service (as defined below) on your date of termination, with at least three years of continuous service with the Firm immediately preceding your termination date or, if you are over 60 years of age with at least three 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 appropriateperiod, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • you satisfied the Release/Certification requirements set forth below, and • for 36 months from the date of grant of this award you do not either (i) perform services in any capacity (such as an employee, contractor, consultant, advisor, or including self-employed individual, whether paid or unpaidemployment) 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 do one or more of the following: ◦ work in for a government, education or Not-for-Profit Organization (as defined below), ◦ subject to disclosure and confirmation of • you satisfy the following, serve as a non-employee director on the board of a public or non-public company that is not a Financial Services Company. ◦ receive confirmation from the firm to continue to serve as a non-employee director on the board of a public or non-public company for which you served while employedRelease/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 policies. (see See “Special Notice Period” below.).
Appears in 1 contract
Sources: Stock Appreciation Rights Agreement (Jpmorgan Chase & Co)