Common use of Forfeiture of Units Upon Termination of Employment Clause in Contracts

Forfeiture of Units Upon Termination of Employment. Except as provided in Section I(c), if at any time during the Performance Period your employment with the Company is terminated, all of your Units shall be automatically forfeited and cancelled in full effective as of such termination of employment and this Agreement shall be null and void and of no further force and effect.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Health Care Property Investors Inc), Restricted Stock Unit Agreement (Hcp, Inc.), Performance Restricted Stock Unit Agreement (Health Care Property Investors Inc)

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Forfeiture of Units Upon Termination of Employment. Except as provided in Section I(c3(c), if at any time during the Performance Period your employment with the Company Corporation is terminated, all of your the Units shall be automatically forfeited and cancelled in full effective as of such termination of employment and this Agreement shall be null and void and of no further force and effect.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Hcp, Inc.)

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