Examples of Service Relationship in a sentence
In relation to the Vesting pursuant to clause 7 of the HSOP Plan the Parties agree, that the termination of Executive’s Service Relationship with the Company constitutes a “Good Leaver Event” pursuant to clause 7.2 of the HSOP Plan, which will occur as at the Termination Date.
The Parties agree that the Service Agreement and Executive’s resulting Service Relationship will terminate upon the Termination Date.
In the event that Participant ceases to maintain his or her Service Relationship with the Corporation (or a Successor) prior to the Original Vesting Date in a manner other than as specified in Sections 5(a), 5(b) or 5(c) hereof, Participant will immediately and automatically forfeit all Performance Shares subject to this Award, and Participant will cease to have any rights with respect to such Performance Shares.
This Separation Agreement and the Release includes all agreements and understandings between the Parties in respect of the termination of the Service Relationship of Executive, including the Service Agreement (except as expressly preserved herein).
Except as otherwise provided herein, Performance Shares covered by this Agreement shall be earned as of the applicable Vesting Date (a) only if Participant maintains a continuous Service Relationship with Corporation through the Vesting Date, and (b) only if and to the extent that the Administrator determines that the Performance Objectives have been attained.