Common use of Effect of Termination of Continuous Service Clause in Contracts

Effect of Termination of Continuous Service. (a) Subject to Sections 4(b), (c), (d) and (e), upon the Participant’s termination of Continuous Service, the unvested portion of the RSUs granted under this Agreement shall be immediately forfeited and cancelled.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Priceline Com Inc)

AutoNDA by SimpleDocs

Effect of Termination of Continuous Service. (a) Subject to Sections 4(b), (c), (d) and (ed), upon the Participant’s termination of Continuous ServiceService for any reason, the unvested portion of the RSUs granted under evidenced by this Agreement shall be immediately forfeited and cancelledcanceled (except that if the Participant’s Continuous Service is terminated by the Company other than for Cause, or by the Participant for Good Reason, prior to any Vesting Date, the Participant shall be deemed to have continued in Continuous Service through the next following Vesting Date).

Appears in 1 contract

Samples: Form of Restricted Stock Unit Agreement (Booking Holdings Inc.)

Effect of Termination of Continuous Service. (a) Subject to Sections 4(b), (c), (d) and (ed), upon the Participant’s termination of Continuous ServiceService for any reason, the unvested portion of the RSUs granted under this Agreement shall be immediately forfeited and cancelled.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Booking Holdings Inc.)

Effect of Termination of Continuous Service. (a) Subject to Sections 4(b), (c), (d) and (ed), upon the Participant’s termination of Continuous ServiceService for any reason, the unvested portion of the RSUs granted under evidenced by this Agreement shall be immediately forfeited and cancelled.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Booking Holdings Inc.)

AutoNDA by SimpleDocs

Effect of Termination of Continuous Service. (a) Subject to Sections 4(b), (c), (d) and (ec), upon the Participant’s termination of Continuous ServiceService for any reason prior to the Vesting Date, the unvested portion of the RSUs granted under this Agreement shall be immediately forfeited and cancelled.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Priceline Com Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.