Common use of Effect of Termination of Employment for any Reason Clause in Contracts

Effect of Termination of Employment for any Reason. Upon termination of the Grantee's employment with the Company and its Affiliates, if applicable, for any reason, the Grantee shall forfeit the shares of Restricted Stock which are subject to the Transfer Restrictions, and, from and after such forfeiture, the Executive shall have no rights with respect thereto.

Appears in 1 contract

Samples: Incorporated Restricted Stock Agreement (NTL Inc)

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Effect of Termination of Employment for any Reason. Upon Other than as set forth in Section 3 hereof, upon termination of the Grantee's employment with the Company and its Affiliates, if applicable, Affiliates for any reason, the Grantee shall forfeit the shares of Restricted Stock which that are subject to the Transfer Restrictionsnot vested, and, from and after such forfeiture, the Executive Grantee shall have no rights with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Agreement (Telewest Global Inc)

Effect of Termination of Employment for any Reason. Upon termination of the Grantee's employment with the Company and its Affiliates, if applicable, Affiliates for any reason, the Grantee shall forfeit the shares of Restricted Stock which that are subject to the Transfer Restrictionsnot vested, and, from and after such forfeiture, the Executive Grantee shall have no rights with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Agreement (Telewest Global Inc)

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Effect of Termination of Employment for any Reason. Upon termination of the Grantee's ’s employment with the Company and its Affiliates, if applicable, for any reason, the Grantee shall forfeit the shares of Restricted Stock which are subject to the Transfer Restrictions, and, from and after such forfeiture, the Executive shall have no rights with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Agreement (Virgin Media Inc.)

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