Common use of Cancellation of RSUs Clause in Contracts

Cancellation of RSUs. Unless otherwise provided in this Section 4 or in the Plan, if, prior to the final Vesting Date, the Grantee’s position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s death, Disability, or Retirement) or no reason, the Grantee shall thereupon immediately forfeit any and all unvested RSUs, all such unvested RSUs shall be cancelled, and the Grantee shall have no further rights under this RSU Award Agreement. For purposes of this RSU Award Agreement, the transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s position as a Service Provider.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Crossfirst Bankshares, Inc.)

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Cancellation of RSUs. Unless otherwise provided in this Section 4 or in the Plan, if, prior to the final Vesting Date, the Grantee’s 's position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s 's death, Disability, or Retirement) or no reason, the Grantee shall thereupon immediately forfeit any and all unvested RSUs, all such unvested RSUs shall be cancelled, cancelled and the Grantee shall have no further rights under this RSU Award Agreement. For purposes of this RSU Award Agreement, the transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s 's position as a Service Provider.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Crossfirst Bankshares, Inc.)

Cancellation of RSUs. Unless otherwise provided in this Section 4 or in the Plan, if, prior to the final Vesting Date, the Grantee’s position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s death, Disability, Retirement, or Retirementfollowing an event giving the Grantee Good Reason for Resignation) or no reason, the Grantee shall thereupon immediately forfeit any and all unvested RSUs, all such unvested RSUs shall be cancelled, and the Grantee shall have no further rights under this RSU Award Agreement. For purposes of this RSU Award Agreement, the transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s position as a Service Provider.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Crossfirst Bankshares, Inc.)

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Cancellation of RSUs. Unless otherwise provided in this Section 4 or in the Plan, if, prior to the final Vesting Settlement Date, the Grantee’s position as a Service Provider to the Company or any of its Affiliates is terminated for any reason (other than the Grantee’s death, death or Disability, or Retirement) or no reason, the Grantee shall thereupon immediately forfeit any and all unvested unsettled RSUs, all such unvested unsettled RSUs shall be cancelled, and the Grantee shall have no further rights under this RSU Award Agreement. For purposes of this RSU Award Agreement, the transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of the Grantee’s position as a Service Provider.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Crossfirst Bankshares, Inc.)

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