Common use of Forfeiture of Unvested RSUs Clause in Contracts

Forfeiture of Unvested RSUs. If your service as a non-employee Director of the Company terminates for any reason (other than by reason of your death, Disability, Retirement or other retirement from service on the Board upon expiration of your term) before all or any portion of the RSUs subject to this Award have vested, the unvested RSUs will be immediately forfeited and you will have no further rights to such unvested RSUs or the Shares represented by those forfeited RSUs.

Appears in 6 contracts

Samples: Award Agreement (WHITEWAVE FOODS Co), 2016 Director’s Restricted Stock Unit (Dean Foods Co), Whitewave Foods Company (WHITEWAVE FOODS Co)

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Forfeiture of Unvested RSUs. If your service as a non-employee Director of the Company terminates for any reason (other than by reason of your death, Disability, Retirement or other retirement from service on the Board upon expiration of your term) before ), all or any portion of the then unvested RSUs subject to this Award have vested, the unvested RSUs will be immediately forfeited and you will have no further rights to such unvested RSUs or the Shares represented by those forfeited RSUs.

Appears in 1 contract

Samples: 2018 Director’s Restricted Stock Unit (Dean Foods Co)

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Forfeiture of Unvested RSUs. If your service as a non-employee Director of the Company terminates for any reason (other than by reason of your death, Disability, Disability or Retirement or other retirement from service on the Board upon expiration of your term) before all or any portion of the RSUs subject to this Award have vested, the unvested RSUs will be immediately forfeited and you will have no further rights to such unvested RSUs or the Shares represented by those forfeited RSUs.. 

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Chipotle Mexican Grill Inc)

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