Terms and Conditions of the Program. If an employee’s employment with The Dow Chemical Company terminates for any reason other than death, disability, or retirement under the Dow Canada Pension Plan, the employee will not be eligible for any payout. • An employee or their beneficiary will receive a prorated payout of any award earned based on the time you were employed during the program year, if the employee dies, is disabled, or retires under the Dow Canada Pension Plan during the program year. • The target for all eligible employees is 3% of their annualized pay. • This plan shall not confer or deem to confer you any right with respect to continuance of employment by the Company, nor interfere in any way with the right of the Company to terminate an employee’s employment in accordance with the Collective Agreement. • Any payout under any component of the program shall be at the discretion of the Dow Chemical Company under the terms and conditions of the program. (for terms and conditions refer to CAN).
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Sources: Collective Bargaining Agreement, Collective Bargaining Agreement