Common use of EIP Award Clause in Contracts

EIP Award. The Company shall pay to the Executive, or to her estate, a pro-rated target amount due under any EIP award agreement, as described in Section 5(b), multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's employment with the Company terminated and the denominator of which is the number of months in such performance period. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's death or Disability renders her unable to sign the Release.

EIP Award. The Company shall pay to the Executive, or to her estate, a pro-rated target amount due under any EIP award agreement, as described in Section 5(b), multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's ’s employment with the Company terminated and the denominator of which is the number of months in such performance period. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's ’s death or Disability renders her unable to sign the Release.

EIP Award. The Company shall pay to the Executive, or to her estate, a pro-rated target amount due under any EIP Executive Incentive Plan ("EIP") award agreement, as described in Section 5(b), multiplied by a fraction, the numerator of which is the number of months (including partial months) in the period beginning on the first day of the relevant performance period and ending with the date as of which the Executive's employment with the Company terminated and the denominator of which is the number of months in such performance period. Notwithstanding anything to the contrary, the release of claims requirement shall be waived if the Executive's death or Disability renders her unable to sign the Release.