Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause”.
Appears in 12 contracts
Samples: Restricted Stock Agreement, Restricted Stock Agreement (Dicerna Pharmaceuticals Inc), Restricted Stock Agreement (Dicerna Pharmaceuticals Inc)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” Cause (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 8 contracts
Samples: Performance Based Restricted Stock Agreement (Immunogen Inc), Performance Based Restricted Stock Agreement (Immunogen Inc), Restricted Stock Agreement (Immunogen Inc)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates of the Participant’s employment or service Termination for “cause” (as defined in the Plan) Cause or in the event the Administrator determines, within one year after the Participant’s terminationTermination, that either prior or subsequent to the Participant’s termination Termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Acurx Pharmaceuticals, Inc.), 2021 Equity Incentive Plan Recapitalization Exchange Option Agreement, Restricted Stock Agreement (Inhibrx, Inc.)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s 's employment or service for “"cause” " (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant’s 's termination, that either prior or subsequent to the Participant’s 's termination the Participant engaged in conduct that would constitute “"cause,” " all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “"cause” " or that he or she engaged in conduct which would constitute “"cause”".
Appears in 2 contracts
Samples: Restricted Stock Agreement (Enernoc Inc), Restricted Stock Agreement (Synta Pharmaceuticals Corp)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates of the Participant’s employment or service Termination for “cause” (as defined in the Plan) Cause or in the event the Administrator determines, within one year after the Participant’s terminationTermination, that either prior or subsequent to the Participant’s termination Termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted unvested Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Spero Therapeutics, Inc.), Restricted Stock Agreement (Spero Therapeutics, Inc.)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment service as an Employee, director or service Consultant for “cause” Cause (as defined in the Plan) or in the event the Administrator Board of Directors determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Quanterix Corp), Restricted Stock Agreement (Aspen Aerogels Inc)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the PlanSeverance Agreement) or in the event the Administrator Board of Directors determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause”.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Synta Pharmaceuticals Corp), Restricted Stock Agreement (Synta Pharmaceuticals Corp)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the Plan) or in the event the Administrator Board of Directors determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause.”.
Appears in 1 contract
Samples: Restricted Stock Agreement (Madrigal Pharmaceuticals, Inc.)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s 's employment or service for “cause” (as defined in the Plan) Cause or in the event the Administrator determines, within one year after the Participant’s 's termination, that either prior or subsequent to the Participant’s 's termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 1 contract
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would would
(1) Usually the same date as the agreement, but sometimes the date of hire. constitute “cause,” all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause”.
Appears in 1 contract
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s 's employment or service for “"cause” " (as defined in the Plan) or in the event the Administrator Board of Directors determines, within one year after the Participant’s 's termination, that either prior or subsequent to the Participant’s 's termination the Participant engaged in conduct that would constitute “"cause,” " all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “"cause” " or that he or she engaged in conduct which would constitute “"cause”".
Appears in 1 contract
Samples: Restricted Stock Agreement (Synta Pharmaceuticals Corp)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates of the Participant’s employment or service Termination for “cause” (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant’s terminationTermination, that either prior or subsequent to the Participant’s termination Termination the Participant engaged in conduct that would constitute “cause,” ”, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause”.
Appears in 1 contract
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the PlanEmployment Agreement) or in the event the Administrator Board of Directors determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” or that he or she engaged in conduct which would constitute “cause”.
Appears in 1 contract
Samples: Restricted Stock Agreement (Synta Pharmaceuticals Corp)
Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the Company or an Affiliate terminates the Participant’s employment or service for “cause” (as defined in the Plan) Cause or in the event the Administrator determines, within one year after the Participant’s termination, that either prior or subsequent to the Participant’s termination the Participant engaged in conduct that would constitute “cause,” Cause, all of the Granted Shares then held by the Participant shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for “cause” Cause or that he or she engaged in conduct which would constitute “cause”Cause.
Appears in 1 contract
