Common use of Forfeiture of RSUs on Termination of Employment Clause in Contracts

Forfeiture of RSUs on Termination of Employment. Subject to the second sentence of Section 1(b), if the Recipient Terminates for any reason, all outstanding and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited to the Company for no consideration. Upon a termination for Cause, all outstanding vested and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited for no consideration.

Forfeiture of RSUs on Termination of Employment. (i) Subject to the second sentence Change in Control provisions of Section 1(b)) and Section 1(c)(ii) herein, if the Recipient Terminates for any reason, all outstanding and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited to the Company for no consideration. Upon a termination for Cause, all outstanding vested and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited for no consideration.

Forfeiture of RSUs on Termination of Employment. Subject to the second sentence Change in Control provisions of Section 1(b) and Section 3.2(a) of the Employment Agreement between the Recipient and Emerald X, LLC, dated as of November ___, 2020 (the “Employment Agreement”), if the Recipient Terminates for any reason, all outstanding and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited to the Company for no consideration. Upon a termination for “Cause” (as defined in the Employment Agreement), all outstanding vested and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited for no consideration.

Forfeiture of RSUs on Termination of Employment. Subject to the second sentence Change in Control provision of Section 1(b), if the Recipient Terminates for any reason, all outstanding and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited to the Company for no consideration. Upon a termination for CauseCause (as defined below), all outstanding vested and unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited for no consideration.. For purposes of this Agreement,