Effect of Termination of Service on Vesting. Upon termination of Participant's Service for any reason other than death, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
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Samples: Performance Share Award Restricted Share Agreement (Core Laboratories N V), Performance Share Award (Core Laboratories N V)
Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathdeath or disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of death or disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Performance Criteria for the Performance Period.
Appears in 2 contracts
Samples: Performance Share Award (Core Laboratories N V), Performance Share Award (Core Laboratories N V)
Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathSuccession Termination, death or disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of Succession Termination, death or disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Performance Criteria for the Performance Period.
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Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathdeath or Disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of death or Disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Company’s Total Shareholder Return over the Performance Period.
Appears in 1 contract
Samples: Performance Share Award Restricted Share Agreement (Core Laboratories N V)
Effect of Termination of Service on Vesting. (a) Upon termination of Participant's Service for any reason other than deathdeath or Disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant's Service by reason of death or Disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Company's Total Shareholder Return over the Performance Period.
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Samples: Performance Share Award Restricted Share Agreement (Core Laboratories N V)
Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathSuccession Termination, death or disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of Succession Termination, death or disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Return on Equity Percentile for the Performance Period.
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Effect of Termination of Service on Vesting. Upon termination of Participant's Service for any reason other than deathdeath or Disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
Appears in 1 contract
Samples: Performance Share Award Restricted Share Agreement (Core Laboratories N V)
Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathSuccession Termination, death or disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of Succession Termination, death or disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Return on Equity for the Performance Period.
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Effect of Termination of Service on Vesting. (a) Upon termination of Participant's ’s Service for any reason other than deathdeath or Disability, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested.
(b) Upon termination of Participant’s Service by reason of death or Disability, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Return on Equity for the Performance Period.
Appears in 1 contract
Samples: Performance Share Award Restricted Share Agreement (Core Laboratories N V)
Effect of Termination of Service on Vesting. Upon termination of Participant's Service for any reason other than death, the Restricted Performance Shares shall be immediately forfeited to the extent not then Vested. Upon termination of Participant's Service by reason of death, the Restricted Performance Shares shall not be immediately forfeited, but rather may become Vested as provided in Section 4.1 based on the Return on Equity for the Performance Period.
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