Separation from Service due to Death or Disability Sample Clauses

Separation from Service due to Death or Disability. If the Grantee’s separation from service is due to death or Disability (as defined below), the Restricted Stock Units shall immediately become 100% vested as of such separation from service. For purposes of this Agreement, the term “Disability” shall mean the complete and permanent inability of the Grantee to perform all of his or her duties under the terms of his or her employment, as determined by the Committee upon the basis of such evidence, including independent medical reports and data, as the Committee deems appropriate or necessary.
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Separation from Service due to Death or Disability. If the Grantee experiences a Separation From Service prior to the end of the Performance Period because of the Grantee’s death or disability and the PSUs have not been previously vested or been forfeited to the Company, then the unearned PSUs as of the date of the Separation From Service due to death or disability shall be deemed to be earned and vested at 100% of Target, and the Company shall issue to Grantee one share of Common Stock of the Company in satisfaction of each vested PSU. For the avoidance of doubt, a Grantee who experiences a Separation From Service due to death or disability shall not have the opportunity to earn and vest any PSUs in excess of the Target.
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Separation from Service due to Death or Disability. If Recipient experiences a Separation from Service from the Company by reason of his or her death or Disability, the Vesting Date for all unvested Restricted Share Units shall be deemed to be the date of such Separation from Service, all unvested Restricted Share Units shall vest, all restrictions thereon shall lapse, and the Common Shares underlying the unvested Restricted Share Units shall be delivered to the Recipient or the Recipient’s Beneficiary subject to the terms of this Agreement. (c)
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Separation from Service due to Death or Disability. In the event of the Participant’s Separation from Service by reason of death or Disability, the portion of the Option that would have become exercisable pursuant to Section 4(a) above in the first twelve months following such Separation from Service will become exercisable as of the Separation from Service.]
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Separation from Service due to Death or Disability. In the event of the Participant’s Separation from Service by reason of death or Disability, the exercisable portion of the Option will remain exercisable until the earlier of (i) one year from the date of such Separation from Service, and (ii) the expiration of the stated term of the Option pursuant to Section 4(e); provided, however, that in the case of a Separation from Service due to Disability, if the Participant dies within such one-year exercise period, any unexercised Option held by the Participant will thereafter be exercisable by the legal representative of the Participant’s estate or the recipient of the unexercised Option by will or by the laws of descent and distribution, to the extent to which it was exercisable at the time of death, for a period of one year from the date of death, but in no event beyond the expiration of the stated term of the Option pursuant to Section 4(e).
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Separation from Service due to Death or Disability. In the event of the Participant’s Separation from Service by reason of death or Disability, the exercisable portion of the SAR will remain exercisable until the earlier of (i) one year from the date of such Separation from Service, and (ii) the expiration of the stated term of the SAR pursuant to Section 3(c); provided, however, that in the case of a Separation from Service due to Disability, if the Participant dies within such one-year exercise period, any unexercised SAR held by the Participant will thereafter be exercisable by the legal representative of the Participant’s estate, to the extent to which it was exercisable at the time of death, for a period of one year from the date of death, but in no event beyond the expiration of the stated term of the SAR pursuant to Section 3(c).
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Separation from Service due to Death or Disability. If the Executive Separates From Service by reason of the Executive's death or Disability, during either an Initial Term or a Renewal Term and prior to a Change in Control, this Agreement shall terminate automatically on the date of death or the date of determination by the Board that Disability of the Executive has occurred, as the case may be. Disability is defined as any medically determinable physical or mental impairment of any Executive: (i) who is unable to engage in any substantial gainful activity by reason of which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less
Sample 1
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Separation from Service due to Death or Disability. If the Executive Separates From Service by reason of the Executive's death or Disability during either an Initial Term or a Renewal Term, this Agreement shall terminate without further obligations to the Executive or to the Executive's legal representatives under this Agreement other than for the timely payment of the Executive's currently effective annual base salary through the separation date, any accrued vacation pay, and any compensation that the Executive previously elected to defer.
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Related to Separation from Service due to Death or Disability

  • Termination of Employment Due to Death or Disability 4.1. In the event of your termination of employment due to death or permanent disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986 (the “Code”)) during the Initial Term or the Additional Term, on the date of such termination each outstanding and unvested equity award held by you that, pursuant to its terms, vests solely based upon providing continued service to Skyworks, including, without limitation, stock options, restricted stock awards (including restricted stock unit awards), and performance-based equity awards that are earned but unissued, shall automatically become vested, exercisable, and issuable, and any forfeiture restrictions thereon shall immediately lapse, as applicable, in each case, with respect to one-hundred percent (100%) of that number of then-unvested shares underlying such equity award.

  • Termination of Service Due to Death or Disability If an Awardee’s service on the Board terminates by reason of death or Disability, the restrictions and risk of forfeiture with respect to the Restricted Stock which have not expired shall immediately lapse and all shares of the Restricted Stock shall be deemed fully vested and nonforfeitable.

  • Termination of Employment Due to Death The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.

  • Termination Due to Death or Disability Executive’s employment shall terminate automatically upon Executive’s death. The Company may terminate Executive’s employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s receipt of written notice of such termination. Upon Executive’s death or in the event that Executive’s employment is terminated due to Executive’s Disability, Executive or Executive’s estate or Executive’s beneficiaries, as the case may be, shall be entitled to:

  • Retirement, Death or Disability If the Executive’s employment terminates during the Term of this Agreement due to his death, a disability that results in his collection of any long-term disability benefits, or retirement at or after age 62, the Executive (or the beneficiaries of his estate) shall be entitled to receive the compensation and benefits that the Executive would otherwise have become entitled to receive pursuant to subsection (d) hereof upon a resignation without Good Reason.

  • Termination Due to Death or Permanent Disability If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his estate or legal representative) shall be entitled solely to the following: (i) Base Salary through the Date of Termination; and (ii) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such termination.

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