Vesting Upon Termination of Employment. Unless determined otherwise by the Committee or except as expressly provided in this Agreement, if the Optionee terminates employment with the Mondelēz Group before satisfying the Vesting Requirements, this Option will not be exercisable. If the Optionee terminates employment with the Mondelez Group before satisfying the Vesting Requirements due to:
Vesting Upon Termination of Employment. In the event of the termination of the Optionee’s employment with the Kraft Foods Group (as defined below in paragraph 12) prior to satisfaction of the Vesting Requirements other than by reason of Early Retirement (as defined below in paragraph 12) occurring after December 31 of the same year as the date of grant of the Option, Normal Retirement (as defined below in paragraph 12), death or Disability (as defined below in paragraph 12), or as otherwise determined by (or pursuant to authority granted by) the Committee administering the Plan, this Option shall not be exercisable with respect to any of the Option Shares set forth in the Award Statement. If death or Disability of the Optionee occurs prior to satisfaction of the Vesting Requirements, this Option shall become immediately exercisable for 100% of the Option Shares set forth in the Award Statement. If the Optionee’s employment with the Kraft Foods Group is terminated by reason of Normal Retirement, or by Early Retirement occurring after December 31 of the same year as the date of grant of the Option, the Option Shares shall continue to become exercisable as set forth on the Schedule as if such Optionee’s employment had not terminated.
Vesting Upon Termination of Employment. Upon the termination of the Participant’s employment with the Company for any reason other than death, the Participant shall be entitled only to the percentage of the Restricted Stock Units which had vested under this Agreement as of the Participant’s termination date, except only as may otherwise be expressly provided for in any written employment agreement executed between the Participant and the Company, if applicable.
Vesting Upon Termination of Employment. In the event of the termination of the Optionee’s employment with the Mondelēz Group (as defined below in paragraph 12) prior to satisfaction of the Vesting Requirements other than by reason of Early Retirement (as defined below in paragraph 12) occurring after December 31 of the same year as the date of grant of the Option, Normal Retirement (as defined below in paragraph 12), death or Disability (as defined below in paragraph 12), or as otherwise determined by (or pursuant to authority granted by) the Committee administering the Plan, this Option shall not be exercisable with respect to any of the Option Shares set forth in the Award Statement. If death or Disability of the Optionee occurs prior to satisfaction of the Vesting Requirements, this Option shall become immediately exercisable for 100% of the Option Shares set forth in the Award Statement. If the Optionee’s employment with the Mondelēz Group is terminated by reason of Normal Retirement, or by Early Retirement occurring after December 31 of the same year as the date of grant of the Option, the Option Shares shall continue to become exercisable as set forth on the Schedule as if such Optionee’s employment had not terminated.
Vesting Upon Termination of Employment. If Optionee’s relationship with the Corporation, or any subsidiary, ends as a result of Optionee’s termination, resignation, incapacitation or death, as such terms are defined in Optionee’s employment agreement with Rubicon Mortgage (“Termination Event”), the Options shall vest only through the end of the calendar month in which a Termination Event occurred. Upon the occurrence of a Termination Event, EBITDA shall be determined by the Corporation’s chief financial officer, within thirty (30) business days, in accordance with generally accepted accounting principles and the determination of the chief financial officer shall be final, binding and conclusive on the parties hereto.
Vesting Upon Termination of Employment. In the event of the termination of the Optionee’s employment with the Mondelēz Group prior to satisfaction of the Vesting Requirements other than by reason of Early Retirement (as defined below in paragraph 15) occurring after December 31 of the same year as the date of grant (“Grant Date”) of the Option, Normal Retirement (as defined below in paragraph 15), death or Disability (as defined below in paragraph 15), or as otherwise determined by the Committee, this Option shall not be exercisable. If death or Disability of the Optionee occurs prior to satisfaction of the Vesting Requirements, this Option shall become immediately exercisable for 100% of the Option Shares set forth in the Award Statement. If the Optionee’s employment with the Mondelēz Group is terminated by reason of Normal Retirement, or by Early Retirement occurring after December 31 of the same year as the Grant Date of the Option, the Option shall continue to become exercisable as set forth on the Schedule as if such Optionee’s employment had not terminated.
Vesting Upon Termination of Employment. Subject to the provisions of Section 10.03 and Subsection 12.03(2), with regard to Matching Contributions made with respect to payroll periods beginning before January 1, 2002 and with regard to all Discretionary Contributions regardless of when made, in the event of the Termination of Employment of a Participant, such Participant shall be entitled to receive distribution of the following percentage of his Employer Contribution Account: Vesting Years of Service Nonforfeitable Percentage of Account Less than 3 years 0 % 3 years but less than 4 years 30 % 4 years but less than 5 years 40 % 5 years but less than 6 years 60 % 6 years but less than 7 years 80 % 7 years or more 100 % Notwithstanding the foregoing, for Participants hired before January 1, 1989, their vested percentage shall be one percent (1%) rather than zero percent (0%) prior to being credited with three (3) Vesting Years of Service. Subject to the provisions of Section 10.03 and Subsection 12.03(2), with regard to Matching Contributions made with respect to payroll periods beginning on or after January 1, 2002, in the event of the Termination of Employment of a Participant, such Participant shall be entitled to receive distribution of the following percentage of his Employer Contribution Account attributable to Matching Contributions made on or after January 1, 2002: Vesting Years of Service Nonforfeitable Percentage of Account Less than 2 years 0 % 2 years but less than 3 years 20 % 3 years but less than 4 years 40 % 4 years but less than 5 years 60 % 5 years but less than 6 years 80 % 6 years or more 100 % The Participant shall also be entitled to receive distribution of his entire After-Tax Contribution Account, Pre-Tax Contribution Account, and Employer Divestiture Account, if any. Payment pursuant to this Article 10 shall be made by the Trustee, at the direction of the Plan Administrator, at the time and manner provided in Article 11.
Vesting Upon Termination of Employment. In the event of the termination of the Optionee’s employment with the Kraft Group (as defined below in paragraph 12) prior to satisfaction of the Vesting Requirements other than by reason of Early Retirement (as defined below in paragraph 12) occurring after December 31 of the same year as the date of grant of the Option, Normal Retirement, death or Disability (as defined below in paragraph 12), or as otherwise determined by (or pursuant to authority granted by) the Committee administering the Plan, this Option shall not be exercisable with respect to any of the Option Shares set forth in the Award Statement. If death or Disability of the Optionee occurs prior to satisfaction of the Vesting Requirements, this Option shall become immediately exercisable for 100% of the Option Shares set forth in the Award Statement. If the Optionee’s employment with the Kraft Group is terminated by reason of Normal Retirement, or by Early Retirement occurring after December 31 of the same year as the date of grant of the Option, the Option Shares shall continue to become exercisable as set forth on the Schedule as if such Optionee’s employment had not terminated.
Vesting Upon Termination of Employment. Subject to the provisions of SECTIONS 4.08 and 10.04 and SUBSECTION 12.03(2), in the event of the Termination of Employment of a Participant, such Participant shall be entitled to receive distribution of the following percentage of his Employer Contribution Account, as of the Allocation Date coinciding with or immediately following the date on which such Participant terminates employment: Vesting Years of Service . Nonforfeitable Percentage of Account Less than 3 years . . . . . . 0% 3 years but less than 4 years 30% 4 years but less than 5 years 40% 5 years but less than 6 years 60% 6 years but less than 7 years 80%
Vesting Upon Termination of Employment. In the event of the termination of the Optionee's employment with the Kraft Group (as defined below in paragraph 12) prior to satisfaction of the Vesting Requirements other than by death, Disability (as defined below in paragraph 12) Retirement (as defined below in paragraph 12) or as otherwise determined by (or pursuant to authority granted by) the Committee administering the Plan, this Option shall not be exercisable with respect to any of the Option Shares set forth in the Award Statement. If death or Disability of the Optionee occurs prior to satisfaction of the Vesting Requirements, this Option shall become immediately exercisable for 100% of the Option Shares set forth in the Award Statement. For purposes of this Agreement, if Retirement of the Optionee occurs prior to the satisfaction of the Vesting Requirements, the Option Shares shall continue to become exercisable as set forth on the Schedule as if such Optionee’s employment had not terminated.
