Common use of Forfeiture of Unvested RSUs Clause in Contracts

Forfeiture of Unvested RSUs. Immediately upon termination of Participant’s employment for any reason (including death or disability), any unvested RSUs shall be forfeited without consideration.

Appears in 5 contracts

Samples: Restricted Share Unit Award Agreement (SMART Modular Technologies (WWH), Inc.), Performance Based Restricted Share Unit Award Agreement (SMART Modular Technologies (WWH), Inc.), Performance Based Restricted Share Unit Award Agreement (SMART Modular Technologies (WWH), Inc.)

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Forfeiture of Unvested RSUs. Immediately upon termination of Participant’s employment Continuous Service Status for any reason (including death or disability)reason, any unvested RSUs shall be forfeited without consideration.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Solazyme Inc)

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Forfeiture of Unvested RSUs. Immediately upon termination of Participant’s employment service for any reason (including death or disability), any unvested RSUs shall be forfeited without consideration.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (SMART Modular Technologies (WWH), Inc.)

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