Common use of Demotion or Transfer Clause in Contracts

Demotion or Transfer. If Employee is demoted or transferred to a position with the Company or any of its Affiliates in which Employee is no longer eligible to participate in the Plan prior to any Vesting Date, the Committee shall determine whether this Agreement in whole or in part will terminate and be of no further force or effect and the RSUs awarded to Employee hereunder shall be forfeited.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Reinsurance Group of America Inc), Restricted Stock Unit Agreement (Reinsurance Group of America Inc)

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Demotion or Transfer. If Employee is demoted or transferred to a position with the Company or any of its Affiliates in which Employee is no longer eligible to participate in the Plan prior to any the expiration of the Vesting DatePeriod, the Committee shall determine whether this Agreement in whole or in part will terminate and be of no further force or effect and the RSUs awarded to Employee hereunder shall be forfeited.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Reinsurance Group of America Inc)

Demotion or Transfer. If Employee is demoted or transferred to a position with the Company or any of its Affiliates in which Employee is no longer not eligible to participate in the Plan prior to any the expiration of the Vesting DatePeriod, as determined by the Committee shall determine whether Committee, this Agreement in whole or in part will terminate and be of no further force or effect and the RSUs awarded to Employee hereunder shall be forfeited.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Reinsurance Group of America Inc)

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Demotion or Transfer. If Employee is demoted or transferred to a position with the Company or any of its Affiliates in which Employee is no longer not eligible to participate in the Plan prior to any the expiration of the Vesting DatePeriod, as determined by the Committee shall determine whether Committee, this Agreement in whole or in part 80237 1 will terminate and be of no further force or effect and the RSUs awarded to Employee hereunder shall be forfeited.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Reinsurance Group of America Inc)

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