Common use of Qualifying Termination of Employment Clause in Contracts

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, subject to the Participant’s execution of a Release, the Participant will remain eligible for any unpaid the Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 LTIP Sections B.2 and B.3 in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines, Inc.)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance AwardAward attributable to Average Annual Operating Income Margin and Customer Service Performance, which award will vest and become payable under Section 4(b)(v) of the 2016 2015 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of EmploymentEmployment (as such term is defined below), subject to the Participant’s execution of a Release, the Participant will remain eligible for any unpaid the Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 LTIP Sections A.2 and A.3 in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines, Inc.)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 2018 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 2017 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 2019 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s 's Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance AwardAward attributable to Average Annual Operating Income Margin and Customer Service Performance, which award will vest and become payable under Section 4(b)(v) of the 2016 2013 LTIP in the same manner and to the same extent as if the Participant’s 's employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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Qualifying Termination of Employment. Upon a Participant’s 's Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance AwardAward attributable to Return on Invested Capital, including any Earned Awards, which award will vest and become payable under Section 4(b)(v) of the 2016 2013 LTIP in the same manner and to the same extent as if the Participant’s 's employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance Award, which award will vest and become payable under Section 4(b)(v) of the 2016 2020 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines, Inc.)

Qualifying Termination of Employment. Upon a Participant’s Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance AwardAward attributable to Average Annual Operating Income Margin and Customer Service Performance, which award will vest and become payable under Section 4(b)(v) of the 2016 2014 LTIP in the same manner and to the same extent as if the Participant’s employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

Qualifying Termination of Employment. Upon a Participant’s 's Qualifying Termination of Employment, the Participant will remain eligible for any unpaid Performance AwardAward attributable to Average Annual Operating Income Margin and Customer Service Performance, which award will vest and become payable under Section 4(b)(v) of the 2016 LTIP TAP in the same manner and to the same extent as if the Participant’s 's employment had continued.

Appears in 1 contract

Samples: Award Agreement (Delta Air Lines Inc /De/)

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