Common use of Forfeiture; Break in Service Clause in Contracts

Forfeiture; Break in Service. The unvested portion of this Award, as determined under Section 3 above, shall expire and be permanently forfeited upon employment termination with the Premier Group. The unvested portion of this Award shall only continue to vest while the Participant is on an approved personal leave of absence to the extent and in the manner described in Exhibit A, which shall be enforceable as if set forth in this Award Agreement.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Premier, Inc.), Restricted Stock Unit Agreement (Premier, Inc.), Restricted Stock Agreement (Premier, Inc.)

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Forfeiture; Break in Service. The unvested portion of this Award, as determined under Section 3 above, shall expire and be permanently forfeited upon employment termination with the Premier Group. The unvested portion of this Award shall only continue to vest while the Participant is on an approved personal leave of absence to the extent and in the manner described in Exhibit A, which shall be enforceable as if set forth in this Award Agreement.

Appears in 3 contracts

Samples: Special Restricted Stock Unit Agreement (Premier, Inc.), Special Restricted Stock Unit Agreement (Premier, Inc.), Restricted Stock Unit Agreement (Premier, Inc.)

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Forfeiture; Break in Service. The unvested portion of this Award, as determined under after first applying Section 3 above, shall expire and be permanently forfeited upon employment termination with the Premier Group. The unvested portion of this Award shall only continue to vest while the Participant is on an approved personal leave of absence to the extent and in the manner described in Exhibit A, which shall be enforceable as if set forth in this Award Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Premier, Inc.), Special Retention Restricted Stock Unit Agreement (Premier, Inc.)

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