Common use of Termination by Tyson without Cause or by you for Good Reason Clause in Contracts

Termination by Tyson without Cause or by you for Good Reason. In the event of your Termination of Employment by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to a pro rata portion of your Award if the applicable performance measure is satisfied. The pro rata portion of your Award shall equal the percentage of the total Vesting Period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by the percentage of the Award that you would have received had you remained employed until the Vesting Date.

Appears in 2 contracts

Samples: Stock Incentive Award Agreement (Tyson Foods Inc), Stock Incentive Award Agreement (Tyson Foods Inc)

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Termination by Tyson without Cause or by you for Good Reason. In the event of that your Termination of Employment employment is terminated by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to a pro rata portion of your Award if the applicable performance measure is satisfied. The pro rata portion of your Award shall equal the percentage of the total Vesting Period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by the percentage of the Award that you would have received had you remained employed until the Vesting Date.

Appears in 2 contracts

Samples: Stock Incentive Award Agreement (Tyson Foods Inc), Stock Incentive Award Agreement (Tyson Foods Inc)

Termination by Tyson without Cause or by you for Good Reason. In the event of that your Termination of Employment employment is terminated by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to a pro rata portion of your Award award if the applicable performance measure is satisfiedcriteria are met. The pro rata portion of your Award shall equal the percentage of the total Vesting Measurement Period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by the percentage of the Award that you would have received had you remained employed until the Vesting Final Measurement Date.

Appears in 1 contract

Samples: Incentive Plan Stock Incentive Agreement (Tyson Foods Inc)

Termination by Tyson without Cause or by you for Good Reason. In the event of that your Termination of Employment employment is terminated by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to a pro rata portion of your Award award if the applicable performance measure is satisfiedcriteria are met. The pro rata portion of your Award shall equal the percentage of the total Vesting Measurement Period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by over the percentage of the Award that you would have received had you remained employed until the Vesting Final Measurement Date.

Appears in 1 contract

Samples: Tyson Foods Inc

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Termination by Tyson without Cause or by you for Good Reason. In the event of that your Termination of Employment employment is terminated by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to a pro rata portion of your Award award if the applicable performance measure is satisfiedcriteria are met. The pro rata portion of your Award shall equal the percentage of the total Vesting Period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by the percentage of the Award that you would have received had you remained employed until the Vesting Date.

Appears in 1 contract

Samples: Stock Incentive Award Agreement (Tyson Foods Inc)

Termination by Tyson without Cause or by you for Good Reason. In the event of that your Termination of Employment employment is terminated by Tyson for reasons other than death, Disability, Retirement, or Cause, or by you for Good Reason, and subject to your timely execution and non-revocation of a Release, you will become entitled to vested in a pro rata portion of your Award if the applicable performance measure is satisfiedAward. The pro rata portion of your Award shall equal the percentage of the total Vesting Periodvesting period, measured in days, in which you remained employed by Tyson and/or its affiliates multiplied by the percentage number of shares subject to the Award that you would have received had you remained employed until the Vesting DateAward.

Appears in 1 contract

Samples: Award Agreement (Tyson Foods Inc)

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