Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death or Disability prior to the third anniversary of the Grant Date, and subject to Section 2(c)(ii), any outstanding Performance Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 10 contracts
Samples: Performance Stock Unit Agreement (Hertz Corp), Performance Stock Unit Agreement (Hertz Corp), Performance Stock Unit Agreement (Hertz Rental Car Holding Company, Inc.)
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death or Disability prior to the third anniversary of the Grant Date, and subject to Section 2(c)(ii)Disability, any outstanding Performance Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 9 contracts
Samples: Performance Stock Unit Agreement (Hertz Global Holdings Inc), Performance Stock Unit Agreement (Hertz Global Holdings Inc), Performance Stock Unit Agreement (Hertz Global Holdings Inc)
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death or Disability prior to the third anniversary of the Grant Date, and subject to Section 2(c)(ii), any outstanding Performance Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 2 contracts
Samples: Performance Stock Agreement (Hertz Corp), Performance Stock Agreement (Hertz Corp)
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death or Disability prior to the third anniversary of the Grant Date, and subject to Section 2(c)(ii), any outstanding Performance Restricted Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 1 contract
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death or Disability prior to the third anniversary of the Grant Vesting Date, and subject to acceleration pursuant to Section 2(c)(ii) and Section 2(d), any outstanding Performance Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 1 contract
Samples: Performance Stock Unit Agreement (Herc Holdings Inc)
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death due to death, Disability or Disability Retirement prior to the third anniversary of the Grant Vesting Date, and subject to Section 2(c)(ii), any outstanding Performance Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 1 contract
Any Other Reason. If the Participant’s employment terminates (whether by the Participant or by the Company or a Subsidiary) for any reason other than death death, Disability, or Disability Retirement prior to the third anniversary of the Grant Date, and subject to Section 2(c)(ii), any outstanding Performance Restricted Stock Units shall immediately be forfeited and canceled effective as of the date of the Participant’s termination.
Appears in 1 contract