Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including without limitation any release condition), then the Units shall be subject to the treatment set forth in subparagraphs (i)-(ii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then the Units shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(ii) above.]1
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Dow Chemical Co /De/)
Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including including, without limitation limitation, any release condition), then the Units this SAR shall be subject to the treatment set forth in subparagraphs (i)-(iii)-(iii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then the Units this SAR shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(iii)-(iii) above.]1
Appears in 1 contract
Sources: Stock Appreciation Right Award Agreement (Dow Chemical Co /De/)
Involuntary Separation from Service (After Meeting Age and Service Requirements). Notwithstanding anything to the contrary in this Agreement, and for the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service involuntarily in a manner that makes the Grantee entitled to receive severance benefits pursuant to a severance plan maintained by the Company or a Subsidiary, and the Grantee satisfies all conditions applicable to the payment of such severance (including without limitation any release condition), then the Units Award shall be subject to the treatment set forth in subparagraphs (i)-(ii) above, and not the treatment described in Section 3(d) below. For the avoidance of doubt, if the Grantee has satisfied the Age and Service Requirements and terminates Continuous Service for any of the reasons described in Sections 3(b), 3(e), or 3(f), then the Units Award shall be subject to the treatment set forth in such section, and not the treatment set forth in paragraphs (i)-(ii) above.]1
Appears in 1 contract
Sources: Performance Stock Unit Award Agreement (Dow Chemical Co /De/)