Common use of Cancellation of RSUs upon Other Termination of Employment Clause in Contracts

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 7 contracts

Samples: Employment Agreement (DXC Technology Co), Service Based Restricted Stock Unit Award Agreement (DXC Technology Co), Service Based Restricted Stock Unit Award Agreement (DXC Technology Co)

AutoNDA by SimpleDocs

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUsRetirement Date, the Employee’s status as an employee of the Company or any of its Subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) by reason of the death or (c) hereofDisability of the Employee, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Datesuch employment termination date.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (DXC Technology Co), Career Shares Restricted Stock Unit Award Agreement (DXC Technology Co)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 2 contracts

Samples: Service Based Restricted Stock Unit Award Agreement (DXC Technology Co), Service Based Restricted Stock Unit Award Agreement (Perspecta Inc.)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 2 contracts

Samples: Service Based Restricted Stock Unit Award Agreement (DXC Technology Co), Restricted Stock Unit Award Agreement (Computer Sciences Corp)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (CSRA Inc.), Service Based Restricted Stock Unit Award Agreement (CSRA Inc.)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a), (c) or (ce) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Service Based Restricted Stock Unit Award Agreement (CSRA Inc.)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUsScheduled Settlement Date, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then all of the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Computer Sciences Corp)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) (c) or (ce) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Service Based Restricted Stock Unit Award Agreement (CSRA Inc.)

AutoNDA by SimpleDocs

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full last day of the RSUsFiscal Year 3, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a4(a), (b) or (cd) hereof, then any unvested portion of the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (CSRA Inc.)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s 's status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then any unvested portion of the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Service Based Inducement Restricted Stock Unit Award Agreement (Computer Sciences Corp)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUsany Vesting Date, the Employee’s status as an employee of the Company or any of its Subsidiaries is voluntarily or involuntarily terminated subsidiaries terminates for any reason other than pursuant to Section 3(a5(a) above or (cSection 5(d) hereofbelow, then any unvested portion of the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Retention Award Agreement (Computer Sciences Corp)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full of the RSUs, the Employee’s status as an employee of the Company or any of its Subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a) or (c) hereof, then the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.or

Appears in 1 contract

Samples: Service Based Restricted Stock Unit Award Agreement (DXC Technology Co)

Cancellation of RSUs upon Other Termination of Employment. If, prior to the settlement in full last day of the RSUsFiscal Year 3, the Employee’s status as an employee of the Company or any of its Subsidiaries subsidiaries is voluntarily or involuntarily terminated other than pursuant to Section 3(a4(a) or (cb) hereof, then any unvested portion of the remaining unsettled RSUs and all related Dividend Equivalents shall automatically be cancelled as of the close of business on the Employment Termination Date.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (CSRA Inc.)

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