Common use of Effect of Termination of Services Clause in Contracts

Effect of Termination of Services. (i) Except as provided in subsection (ii) of this Section 3(d), unvested Restricted Shares shall be forfeited without consideration by the Director at any time prior to the Vesting Date upon the Director’s cessation of Board membership. (ii) Upon the Director’s cessation of Board membership due to death or Disability, any remaining unvested Restricted Shares shall vest on the date of such termination.

Effect of Termination of Services. (i) Except as provided in subsection (ii) of this Section 3(d), unvested Restricted Shares shall be forfeited without consideration by the Director at any time prior to the Vesting Date upon the Director’s cessation of Board membership. (ii) Upon the Director’s cessation of Board membership due to death or Disabilitydisability, any remaining unvested Restricted Shares shall vest on the date of such termination.

Effect of Termination of Services. (i) Except as provided in subsection (ii) of this Section 3(d), unvested Restricted Shares shall be forfeited without consideration by the Director Grantee at any time prior to the Vesting Date upon the DirectorGrantee’s cessation of Board membership. (ii) Upon the DirectorGrantee’s cessation of Board membership due to death or Disability, any remaining unvested Restricted Shares shall vest on the date of such termination.

Effect of Termination of Services. (i) Except as provided in subsection (ii) of this Section 3(d), unvested Restricted Shares shall be forfeited without consideration by the Director at any time prior to the Vesting Date upon the Director’s 's cessation of Board membership. (ii) Upon the Director’s 's cessation of Board membership due to death or Disability, any remaining unvested Restricted Shares shall vest on the date of such termination.