Common use of Termination on Account of Death Clause in Contracts

Termination on Account of Death. In the event of death, the Award will be immediately and fully vested and payment will be made by the later of the end of the calendar year or two and a half months following the date of death.

Appears in 4 contracts

Sources: Non Statutory Stock Option Award Agreement (PROCTER & GAMBLE Co), Non Statutory Stock Option Agreement (PROCTER & GAMBLE Co), Long Term Incentive Program Agreement (PROCTER & GAMBLE Co)

Termination on Account of Death. In the event case of death, the Award will be immediately and fully vested and payment will be made by the later of the end of the calendar year or two and a half months following the date of death.

Appears in 3 contracts

Sources: Stock Option Agreement (PROCTER & GAMBLE Co), Stock Option Agreement (PROCTER & GAMBLE Co), Stock Option Agreement (PROCTER & GAMBLE Co)

Termination on Account of Death. In the event of death, the Award will be immediately and fully vested vested, and payment will be made by the later of the end of the calendar year or two and a half months following the date of death.

Appears in 2 contracts

Sources: Ltip Rsu Award Agreement (PROCTER & GAMBLE Co), Restricted Stock Unit Agreement (PROCTER & GAMBLE Co)