Common use of Discount RSUs Clause in Contracts

Discount RSUs. Unless the Committee determines otherwise, except as provided in Paragraphs 3(c), 7, 8 and 10(g), if your Employment terminates for any reason or you otherwise are no longer actively employed with the Firm, your rights in respect of your Discount RSUs (but not your Base RSUs) that were Outstanding, but that had not yet become Vested, immediately prior to your termination of Employment immediately shall terminate, such Discount RSUs shall cease to be Outstanding, and no Shares shall be delivered in respect thereof.

Appears in 3 contracts

Samples: Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/), Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/), Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/)

AutoNDA by SimpleDocs

Discount RSUs. Unless the Committee determines otherwise, except as provided in Paragraphs 3(c3(e), 7, 8 and 10(g), if your Employment terminates for any reason or you otherwise are no longer actively employed with the Firm, your rights in respect of your Discount RSUs (but not your Base RSUsShares) that were Outstanding, but that had not yet become Vested, immediately prior to your termination of Employment immediately shall terminate, such Discount RSUs shall cease to be Outstanding, and no Shares shall be delivered in respect thereof.

Appears in 1 contract

Samples: Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/)

Discount RSUs. Unless the Committee determines otherwise, except as provided in Paragraphs 3(c), 7, 8 7 and 10(g)8, if your Employment terminates for any reason or you otherwise are no longer actively employed with the Firm, your rights in respect of your Discount RSUs (but not your Base RSUs) that were Outstanding, but that had not yet become Vested, immediately prior to your termination of Employment immediately shall terminate, such Discount RSUs shall cease to be Outstanding, and no Shares shall be delivered in respect thereof.

Appears in 1 contract

Samples: Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/)

AutoNDA by SimpleDocs

Discount RSUs. Unless the Committee determines otherwise, except as provided in Paragraphs 3(c), 7, 8 and 10(g), if your Employment terminates for any reason or you otherwise are no longer actively employed with the Firm, your rights in respect of your Discount RSUs (but not your Base RSUs) that were Outstanding, Outstanding but that had not yet become Vested, Vested immediately prior to your termination of Employment immediately shall terminate, such Discount RSUs shall cease to be Outstanding, and no Shares shall be delivered in respect thereof.

Appears in 1 contract

Samples: Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc/)

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