PNC Bank 2005 Annual Report Download - page 241

participants, as existed immediately prior to the CIC Triggering Event or the Change in Control; or
(e) the failure by the Corporation to continue to provide Grantee with benefits substantially
similar to those received by Grantee under any of the Corporation’ s pension (including, but not limited to,
tax-qualified plans), life insurance, health, accident, disability or other welfare plans or programs in which
Grantee was participating, at costs substantially similar to those paid by Grantee, immediately prior to the
CIC Triggering Event or the Change in Control.
A.21 “Grant” means the Restricted Shares granted and issued to Grantee pursuant to Section 1
of the Agreement.
A.22 “Grant Date” means the Grant Date set forth on page 1 of the Agreement.
A.23 “Grantee” means the person identified as Grantee on page 1 of the Agreement.
A.24 “Internal Revenue Code” means the Internal Revenue Code of 1986 as amended and the
rules and regulations promulgated thereunder.
A.25 “Person” has the meaning given in Section 3(a)(9) of the Exchange Act and also includes
any syndicate or group deemed to be a person under Section 13(d)(3) of the Exchange Act.
A.26 “PNC” means The PNC Financial Services Group, Inc.
A.27 “Restricted Period.” The applicable Restricted Period for Restricted Shares means,
subject to early termination if so determined by the Committee or its delegate or pursuant to Section 7.6 of
the Agreement, if applicable, the period set forth in the applicable subsection below:
(a) For First Tranche Shares: with respect to shares in the First Tranche of Restricted Shares,
the period from the Grant Date through (and including) the earlier of: (i) the date of Grantee’ s death; (ii)
the day immediately preceding the day a Change in Control is deemed to have occurred; and (iii) the day
immediately preceding the third (3rd) anniversary of the Grant Date or, if later, the last day of any extension
of the Restricted Period pursuant to Section 7.4(a) of the Agreement, if applicable;
(b) For Second Tranche Shares: with respect to shares in the Second Tranche of Restricted
Shares, the period from the Grant Date through (and including) the earlier of: (i) the date of Grantee’ s
death; (ii) the day immediately preceding the day a Change in Control is deemed to have occurred; and
(iii) the day immediately preceding the fourth (4th) anniversary of the Grant Date or, if later, the last day of
any extension of the Restricted Period pursuant to Section 7.4(a) of the Agreement, if applicable; and
(c) For Third Tranche Shares: with respect to shares in the Third Tranche of Restricted
Shares, the period from the Grant Date through (and including) the earlier of: (i) the date of Grantee’ s
death; (ii) the day immediately preceding the day a Change in Control is deemed to have occurred; and
(iii) the day immediately preceding the fifth (5th) anniversary of the Grant Date or, if later, the last day of
any extension of the Restricted Period pursuant to Section 7.4(a) of the Agreement, if applicable.
A.28 “Retiree” means a Grantee who has Retired.
A.29 “Retire” or “Retirement” means termination of Grantee’ s employment with the
Corporation at any time and for any reason (other than termination by reason of Grantee’ s death or by the
Corporation for Cause or, unless the Committee determines otherwise, termination in connection with a
divestiture of assets or of one or more Subsidiaries) if such termination of employment occurs on or after
the first (1st) day of the first (1st) month coincident with or next following the date on which Grantee attains
age fifty-five (55) and completes five (5) years of service (as determined in the same manner as the
determination of five years of Vesting Service under the provisions of The PNC Financial Services Group,
Inc. Pension Plan) with the Corporation.