Common use of Forfeiture of Unvested RSUs Clause in Contracts

Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Death, Disability or Retirement during the Restriction Period, any RSUs you held will be forfeited and canceled as of the date of such termination of Service. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) below.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (WHITEWAVE FOODS Co), Restricted Stock Unit Award Agreement (WHITEWAVE FOODS Co), Restricted Stock Unit Award Agreement (WHITEWAVE FOODS Co)

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Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Death, Disability or Retirement during the Restriction Period, any RSUs you held will be forfeited and canceled as of the date of such termination of Service. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) belowCause.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Dean Foods Co), Restricted Stock Unit Award Agreement (Dean Foods Co)

Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Deathdeath, Disability or Retirement during the Restriction Period, any RSUs you held will be forfeited and canceled as of the date of such termination of Service. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) belowCause.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Dean Foods Co)

Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Death, Disability or Retirement during the Restriction PeriodPeriod (as defined in Section 8(c) hereof), any RSUs you held own will be forfeited and canceled as of the date of such termination of ServiceService (which date shall be determined according in Section 7(j) below. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) below.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (WHITEWAVE FOODS Co)

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Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Death, Disability or Retirement during the Restriction PeriodRestricted Period (as defined in Section 7(c) hereof), any RSUs you held will be forfeited and canceled as of the date of such termination of Service. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) below.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (WHITEWAVE FOODS Co)

Forfeiture of Unvested RSUs. Unless otherwise determined by the Committee, Committee or except as provided in an agreement between you and your Employer, if your Service terminates for any reason other than Deathdeath, Disability or Retirement during the Restriction Period, any RSUs you held will be forfeited and canceled as of the date of such termination of Service. Notwithstanding anything to the contrary in this Section 2, your rights with respect to unvested RSUs shall in all events be immediately forfeited and canceled as of the date of your termination of Service for Cause as defined in Section 3(b) belowCause.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Dean Foods Co)

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