Common use of Effect of Certain Changes Clause in Contracts

Effect of Certain Changes. Except as expressly set forth herein, the RSUs that have not yet vested will be forfeited in the event that Executive’s Employment terminates for any reason. All RSUs, vested and unvested, will be forfeited in the event Executive engages in conduct that constitutes Cause or violates any restrictive covenants to which he is subject.

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Agreement (DTZ Jersey Holdings LTD), Release Agreement (DTZ Jersey Holdings LTD), Restricted Stock Unit Grant Agreement (DTZ Jersey Holdings LTD)

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Effect of Certain Changes. Except as expressly set forth herein, the RSUs that have not yet vested will be forfeited in the event that Executive’s Employment terminates for any reason. All RSUs, vested and unvested, will be forfeited in the event Executive engages in conduct that constitutes Cause or violates any restrictive covenants to which he Executive is subject.

Appears in 2 contracts

Samples: Grant Agreement, Restricted Stock Unit Grant Agreement (DTZ Jersey Holdings LTD)

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