Termination of Service on Account of Death. Upon termination of the Participant’s service on account of death prior to the Vesting Date, the Participant’s Performance Awards shall immediately vest in his legal heirs or nominees, subject to fulfilment of the performance conditions specified In Exhibit A and shall be settled in shares of Company Stock for the benefit of the Participant’s estate no later than the end of the calendar year in which the Participant’s death occurs or, if later, by the fifteenth day of the third calendar month following the Participant’s death.
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Samples: Performance Award Agreement (Endo International PLC), Performance Award Agreement (Endo International PLC)
Termination of Service on Account of Death. Upon termination of the a Participant’s service on account of death prior to the Vesting Date, the Participant’s Matched Performance Awards Award shall immediately vest in his legal heirs or nominees, subject to fulfilment as of the performance conditions specified In Exhibit A date of such termination of service and shall be settled in Exhibit 10.276 shares of Company Stock for the benefit of the Participant’s estate no later than the end of the calendar year in which the Participant’s death occurs or, if later, by the fifteenth day of the third calendar month following the Participant’s death.
Appears in 1 contract
Samples: Matched Performance Award Agreement (Endo International PLC)
Termination of Service on Account of Death. Upon termination of the a Participant’s service on account of death prior to the Vesting Date, the Participant’s Matched Performance Awards Award shall immediately vest in as of the date of such termination of service on his Exhibit 10.276 legal heirs or nominees, subject to fulfilment of the performance conditions specified In Exhibit A nominee and shall be settled in shares of Company Stock for the benefit of the Participant’s estate no later than the end of the calendar year in which the Participant’s death occurs or, if later, by the fifteenth day of the third calendar month following the Participant’s death.
Appears in 1 contract
Samples: Matched Performance Award Agreement (Endo International PLC)
Termination of Service on Account of Death. Upon termination of the Participant’s service on account of death prior to the Vesting Date, the Participant’s Performance Awards Award shall immediately vest in his legal heirs or nominees, subject to fulfilment as of the performance conditions specified In Exhibit A date of such termination of service at target levels and shall be settled in shares of Company Stock for the benefit of the Participant’s estate no later than the end of the calendar year in which the Participant’s death occurs or, if later, by the fifteenth day of the third calendar month following the Participant’s death.
Appears in 1 contract
Samples: Performance Award Agreement (Endo International PLC)