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BBBY » Topics » 4.4 Vesting in Event of Retirement, Disability, Death or Change-in-Control.

This excerpt taken from the BBBY 8-K filed Jan 5, 2006.

4.4                     Vesting in Event of Retirement, Disability, Death or Change-in-Control.

 

(a)           A Participant who has a Separation from Service due to Retirement shall be fully vested in the amounts credited to his or her Account as of the date of Retirement.

 

(b)           A Participant who has a Separation from Service due to Disability shall be fully vested in the amounts credited to his or her Account as of the date of Disability.

 

(c)           A Participant who has a Separation from Service due to death shall be fully vested in the amounts credited to his or her Account as of the date of death.

 

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(d)           Upon a Change-in-Control, all Participants shall be fully vested in the amounts credited to their Accounts as of the date of the Change-in-Control.

 

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