Common use of Effect of Termination of Employment or Services Clause in Contracts

Effect of Termination of Employment or Services. Except as otherwise specifically provided in an effective employment, services, change in control or other written agreement (including any offer letter, term sheet or similar written agreement) between the Participant and the Company (or any Affiliate of the Company), the following provisions shall apply: (i) Except as provided in subsection (ii) of this Section 3(e), unvested Restricted Stock Units shall be forfeited without consideration by the Participant upon the Participant’s termination of employment or services with the Company for any reason prior to the applicable Vesting Date. (ii) Upon the termination of Participant’s employment or services due to death or Disability, the pro-rata portion of the Participant’s unvested Restricted Stock Units that would have vested through the date of termination (calculated on a straight line basis based on the number of days from the later to occur of the Date of Grant or the most recent vesting date as described in Section 3(a) through the date of termination) shall be immediately vested and the remainder of the Participant’s unvested Restricted Stock Units shall be forfeited.

Effect of Termination of Employment or Services. Except as otherwise specifically provided in an effective employment, services, change in control or other written agreement (including any offer letter, term sheet or similar written agreement) between the Participant and the Company (or any Affiliate of the Company), the following provisions shall apply: (i) Except as provided in subsection (ii) of this Section 3(e3(d), unvested Restricted Stock Units Shares shall be forfeited without consideration by the Participant upon the Participant’s termination of employment or services with the Company for any reason prior to the applicable Vesting Date. (ii) Upon the termination of Participant’s employment or services due to death or Disability, the pro-rata portion of the Participant’s unvested Restricted Stock Units Shares that would have vested through the date of termination (calculated on a straight line basis based on the number of days from the later to occur of the Date of Grant or the most recent vesting date Vesting Date as described in Section 3(a) through the date of termination) shall be immediately vested and the remainder of the Participant’s unvested Restricted Stock Units Shares shall be forfeited.

Effect of Termination of Employment or Services. Except as otherwise specifically provided in an effective employment, services, change in control or other written agreement (including any offer letter, term sheet or similar written agreement) between the Participant and the Company (or any Affiliate of the Company), the following provisions shall apply: (i) Except as provided in subsection (ii) of this Section 3(e3(d), unvested Restricted Stock Units Shares shall be forfeited without consideration by the Participant at any time prior to the applicable Vesting Date upon the Participant’s termination of employment or services with the Company for any reason prior to the applicable Vesting Datereason. (ii) Upon the termination of Participant’s employment or services due to death or Disability, the pro-rata portion of the Participant’s unvested Restricted Stock Units Shares that would have vested through the date of termination (calculated on a straight line basis based on the number of days from the later to occur of the Date of Grant or the most recent vesting date as described in Section 3(a) through the date of termination) shall be immediately vested and the remainder of the Participant’s unvested Restricted Stock Units Shares shall be forfeited.