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

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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: Award Agreement (Goldman Sachs Group Inc/)

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: Goldman Sachs Group Inc/

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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: Goldman Sachs Group Inc/

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