Common use of Effect of Termination of Service Clause in Contracts

Effect of Termination of Service. In the event of the Participant’s termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d) above, any and all RSUs that have not vested as of the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. In the event of the Participant’s termination of service as a Service Provider as described in Section 4(b), 4(c) or 4(d) above, any and all RSUs that have not vested on or prior to the 55th day following the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. Except as expressly provided in Section 4(b), 4(c) or 4(d) above, no RSUs which have not vested as of the date of the Participant’s termination of service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination Termination of service as Service Provider for any reason other than as described in Sections Section 4(b), 4(c) or 4(d(c) above, any and all RSUs Profits Interest Units that have not vested as of the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. In the event of the Participant’s termination Termination of service as a Service Provider as described in Section 4(b), 4(c) or 4(d(c) above, any and all RSUs Profits Interest Units that have not vested on or prior to the 55th fifty-fifth (55th) day following the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. Except as expressly provided in Section 4(b), 4(c) or 4(d(c) above, in any applicable plan, program or policy of the Company, the Partnership or any Subsidiary or in any employment agreement, employment offer letter or other agreement between the Participant and the Company, the Partnership or any Subsidiary, no RSUs Profits Interest Units which have not vested as of the date of the Participant’s termination Termination of service Service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination Termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d– (e) above, any and all RSUs Profits Interest Units that have not vested as of the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. In the event of the Participant’s termination Termination of service as a Service Provider as described in Section 4(b), Sections 4(c) or 4(d– (e) above, any and all RSUs Profits Interest Units that have not vested on or prior to the 55th fifty-fifth (55th) day following the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. Except as expressly provided in Section 4(b), Sections 4(c) or 4(d– (e) above, in any applicable plan, program or policy of the Company, the Partnership or any Subsidiary or in any employment agreement, employment offer letter or other agreement between the Participant and the Company, the Partnership or any Subsidiary, no RSUs Profits Interest Units which have not vested as of the date of the Participant’s termination Termination of service Service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d) above, any and all RSUs that have not vested as of the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. In the event of the Participant’s termination of service as a Service Provider as described in Section 4(b), 4(c) or 4(d) above, any and all RSUs that have not vested on or prior to the 55th day following the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. Except as expressly provided in Section 4(b), 4(c) or 4(d) above, no RSUs which have not vested as of the date of the Participant’s termination of service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d4(c) above, any and all RSUs that have not vested as of the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. In the event of the Participant’s termination of service as a Service Provider as described in Section 4(b), 4(c) or 4(d4(c) above, any and all RSUs that have not vested on or prior to the 55th day following the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. Except as expressly provided in Section 4(b), 4(c) or 4(d) above4(c)above, no RSUs which have not vested as of the date of the Participant’s termination of service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination Termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d(c) above, any and all RSUs Profits Interest Units that have not vested as of the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. In the event of the Participant’s termination Termination of service as a Service Provider as described in Section Sections 4(b), 4(c) or 4(d(c) above, any and all RSUs Profits Interest Units that have not vested on or prior to the 55th fifty-fifth (55th) day following the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. Except as expressly provided in Section Sections 4(b), 4(c) or 4(d(c) above, in any applicable plan, program or policy of the Company, the Partnership or any Subsidiary or in any employment agreement, employment offer letter or other agreement between the Participant and the Company, the Partnership or any Subsidiary, no RSUs Profits Interest Units which have not vested as of the date of the Participant’s termination Termination of service Service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination Termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c5(b) or 4(d(c) above, any and all RSUs that have not vested as of the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. In the event of the Participant’s termination Termination of service as a Service Provider as described in Section 4(b), 4(cSections 5(b) or 4(d(c) above, any and all RSUs that have not vested on or prior to the 55th fifty-fifth (55th) day following the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUs. Except as expressly provided in Section 4(b), 4(cSections 5(b) or 4(d(c) above, in any applicable plan, program or policy of the Company, the Partnership or any Subsidiary or in any employment agreement, employment offer letter or other agreement between the Participant and the Company, the Partnership or any Subsidiary, no RSUs which have not vested as of the date of the Participant’s termination Termination of service Service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination Termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d– (e) above, any and all RSUs Profits Interest Units that have not vested as of the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. In the event of the Participant’s termination Termination of service as a Service Provider as described in Section 4(b), Sections 4(c) or 4(d– (e) above, any and all RSUs Profits Interest Units that have not vested on or prior to the 55th fifty-fifth (55th) day following the date of such termination Termination of service Service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. Except as expressly provided in Section 4(b), Sections 4(c) or 4(d– (e) above, in any applicable plan, program or policy of the Company, the Partnership or any Subsidiary or in any Participant Agreement or other agreement between the Participant and the Company, the Partnership or any Subsidiary, no RSUs Profits Interest Units which have not vested as of the date of the Participant’s termination Termination of service Service shall thereafter become vested.

Effect of Termination of Service. In the event of the Participant’s termination of service as Service Provider for any reason other than as described in Sections 4(b), 4(c) or 4(d) above, any and all RSUs Profits Interest Units that have not vested as of the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. In the event of the Participant’s termination of service as a Service Provider as described in Section 4(b), 4(c) or 4(d) above, any and all RSUs Profits Interest Units that have not vested on or prior to the 55th day following the date of such termination of service (after taking into account any accelerated vesting that occurs in connection with such termination) will thereupon automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right or interest in or with respect to such RSUsProfits Interest Units. Except as expressly provided in Section 4(b), 4(c) or 4(d) above, no RSUs Profits Interest Units which have not vested as of the date of the Participant’s termination of service shall thereafter become vested.