Effect of Voluntary or Involuntary Termination or Termination for Cause or Suicide. If Executive’s employment with the Corporation and its Subsidiaries is terminated: (i) by Executive voluntarily or (ii) by the Corporation or a Subsidiary involuntarily or for Cause or (iii) by Executive’s death due to suicide before all MRSUs vest pursuant to the provisions of paragraphs 2(a) and 2(b) above, then any MRSUs which are not vested at the time of such termination will be forfeited to the Corporation on the date of such termination, unless the Compensation Committee in its sole and exclusive discretion determines otherwise.
Appears in 3 contracts
Samples: Revised Market Restricted Stock Unit Agreement (Synovus Financial Corp), Revised Market Restricted Stock Unit Agreement (Synovus Financial Corp), 2014 Market Restricted Stock Unit Agreement (Synovus Financial Corp)
Effect of Voluntary or Involuntary Termination or Termination for Cause or Suicide. If Executive’s employment with the Corporation and its Subsidiaries is terminated: (i) by Executive voluntarily or voluntarily, (ii) by the Corporation or a Subsidiary involuntarily or for Cause or (iii) by Executive’s death due to suicide before all MRSUs PSUs vest pursuant to the provisions of paragraphs 2(a) and 2(b) above, then any MRSUs PSUs which are not vested at the time of such termination will be forfeited to the Corporation on the date of such termination, unless the Compensation Committee in its sole and exclusive discretion determines otherwise.
Appears in 3 contracts
Samples: Revised Performance Stock Unit Agreement (Synovus Financial Corp), Revised Performance Stock Unit Agreement (Synovus Financial Corp), Performance Stock Unit Agreement (Synovus Financial Corp)
Effect of Voluntary or Involuntary Termination or Termination for Cause or Suicide. If Executive’s employment with the Corporation and its Subsidiaries is terminated: (i) by Executive voluntarily or (ii) by the Corporation or a Subsidiary involuntarily or for Cause or (iii) by Executive’s death due to suicide before all MRSUs RSUs vest pursuant to the provisions of paragraphs paragraph 2(a) and 2(b) above, then any MRSUs RSUs which are not vested at the time of such termination will be forfeited to the Corporation on the date of such termination, unless the Compensation Committee in its sole and exclusive discretion determines otherwise.
Appears in 2 contracts
Samples: Revised Restricted Stock Unit Agreement (Synovus Financial Corp), Revised Restricted Stock Unit Agreement (Synovus Financial Corp)
