Common use of Effect on RSUs Clause in Contracts

Effect on RSUs. (i) If the Employee voluntarily ceases to be an Employee of the Company or any subsidiary or affiliate (the Company, subsidiary or affiliate, together, the “Employer”) for any reason except retirement or the Employee’s voluntary termination of employment due to a reduction in the workforce, and the RSUs have not vested in accordance with Paragraph 2, the RSUs shall be cancelled on the date of such voluntary termination of employment.

Appears in 4 contracts

Samples: Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

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Effect on RSUs. (i) If In the event the Employee voluntarily (a)(i) ceases to be an Employee of the Company or any subsidiary or affiliate (the Company, subsidiary or affiliate, together, the “Employer”) for any reason except retirement or the Employee’s voluntary termination of employment due to a reduction in the workforce, other than death and the RSUs have not vested in accordance with Paragraph 2, the RSUs shall be cancelled on the date of such voluntary termination of employment.; and

Appears in 4 contracts

Samples: Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

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Effect on RSUs. (i) If i)If the Employee voluntarily ceases to be an Employee of the Company or any subsidiary or affiliate (the Company, subsidiary or affiliate, together, the “Employer”) for any reason except retirement or the Employee’s voluntary termination of employment due to a reduction in the workforce, and the RSUs have not vested in accordance with Paragraph 2, the RSUs shall be cancelled on the date of such voluntary termination of employment.

Appears in 2 contracts

Samples: Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

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