Common use of Effect of Termination of Services Clause in Contracts

Effect of Termination of Services. (i) Except as otherwise provided in subsection (ii) of this Section 3(d) or the Plan, if the Participant’s service with the Company terminates prior to the Vesting Date for any reason, the Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Effect of Termination of Services. (i) a. Except as otherwise provided in subsection (ii) of this Section 3(d) or the Plan, if the Participant’s service with the Company terminates prior to the Vesting Date for any reason, the Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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