Termination of Employment by Employee. If the Participant terminates his or her employment (e.g., by retiring or by voluntary resigning), any unearned, unvested Tranche will be forfeited, and any earned and vested Tranche will be paid in accordance with paragraph 3 of this Agreement.
Appears in 3 contracts
Samples: Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc), Performance Share Unit Award Agreement (Estee Lauder Companies Inc)
Termination of Employment by Employee. If the Participant terminates his or her employment (e.g., by retiring or by voluntary voluntarily resigning), any unearned, unvested Tranche will be forfeited, and any earned and vested Tranche will be paid in accordance with paragraph 3 of this Agreement.
Appears in 1 contract
Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)