Forfeiture of Restricted Stock Units. If the Participant’s employment with the Company and its Affiliates terminates prior to a Vesting Date for any reason, except as described in Section 5, any unvested Restricted Stock Units shall automatically be forfeited, and all of the Participant’s rights to and interest in the Restricted Stock Units shall terminate without payment of consideration.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (BrightSphere Investment Group Inc.), Restricted Stock Unit Award Agreement (BrightSphere Investment Group Inc.), Restricted Stock Unit Award Agreement (OM Asset Management LTD)
Forfeiture of Restricted Stock Units. If the Participant’s employment with Participant ceases to provide services to the Company and its Affiliates terminates prior to a Vesting Date for any reason, except as described in Section 5, any unvested Restricted Stock Units shall automatically be forfeited, and all of the Participant’s rights to and interest in the Restricted Stock Units shall terminate without payment of consideration.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (BrightSphere Investment Group Inc.), Restricted Stock Unit Award Agreement (OM Asset Management LTD), Restricted Stock Unit Award Agreement (OM Asset Management LTD)
