Common use of Any Other Termination of Service Clause in Contracts

Any Other Termination of Service. In the event of the Participant’s Termination of Service (A) prior to the first anniversary of the Grant Date for any reason, or (B) after the first anniversary of the Grant Date but prior to the Performance-Based Vesting Date for any reason other than as described in clause (b)(i) above, the Participant shall forfeit the Performance-Based RSU Shares in full without any payment to the Participant.

Appears in 2 contracts

Samples: Officer Rsu Award Agreement (Delphi Automotive PLC), Chief Executive Officer Incentive Compensation Awards Agreement (Delphi Automotive PLC)

AutoNDA by SimpleDocs

Any Other Termination of Service. In the event of the Participant’s Termination of Service (A) prior to the first anniversary of the Grant Date for any reason, or (B) on or after the first anniversary of the Grant Date but prior to the Performance-Based Vesting Date for any reason other than as described in clause (b)(i) above, the Participant shall forfeit the Performance-Based RSU Shares in full without any payment to the Participant.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Delphi Automotive PLC), Restricted Stock Unit Award Agreement (Delphi Automotive PLC)

Any Other Termination of Service. In the event of the Participant’s Termination of Service (A) prior to the first anniversary of the Grant Date for any reason, reason or (B) after the first anniversary of the Grant Date but prior to the Performance-Based Vesting Date for any reason other than as described in clause (b)(i) above, the Participant shall forfeit the Performance-Based RSU Shares in full without any payment to the Participant.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement, Officer Rsu Award Agreement (Delphi Automotive PLC)

Any Other Termination of Service. In the event of the Participant’s Termination of Service (Ai) prior to the first anniversary of the Grant Date for any reason, reason or (Bii) on or after the first anniversary of the Grant Date but prior to the Performance-Based Vesting Date for any reason other than as described in clause (b)(iSection 3(a) above, the Participant shall forfeit the Performance-Based RSU Shares in full without any payment to the Participant.

Appears in 2 contracts

Samples: Officer Rsu Award Agreement (Delphi Automotive PLC), Officer Rsu Award Agreement (Delphi Automotive PLC)

AutoNDA by SimpleDocs

Any Other Termination of Service. In the event of the Participant’s Termination of Service (A) prior to the first anniversary of the Grant Date for any reason, reason or (B) on or after the first anniversary of the Grant Date but prior to the Performance-Based Vesting Date for any reason other than as described in clause (b)(i) above, the Participant shall forfeit the Performance-Based RSU Shares in full without any payment to the Participant.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Delphi Automotive PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!