Common use of Forfeiture of Unvested Clause in Contracts

Forfeiture of Unvested. Shares Except as provided pursuant to the terms of any Employment Agreement between you and the Company or in the provisions of this Award relating to Change in Control, in the event that your Service terminates for any reason other than death, disability, or a Company-initiated termination of Service without Cause before the last day of the Performance Period, you will forfeit to the Company all of the Shares subject to this grant that have not yet vested.

Appears in 2 contracts

Samples: Performance Vested Restricted Share Unit Agreement (CubeSmart, L.P.), Performance Vested Restricted Share Unit Agreement (CubeSmart, L.P.)

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Forfeiture of Unvested. Shares Except as provided pursuant to the terms of any Employment Agreement between you and the Company or in the provisions of this Award relating to Change in ControlCompany, in the event that your Service service terminates for any reason other than death, disability, death or a Company-initiated termination of Service without Cause before the last day of the Performance PeriodDisability, you will forfeit to the Company all of the Shares subject to this grant that have not yet vested.

Appears in 2 contracts

Samples: Performance Vested Restricted Share Agreement (U-Store-It Trust), Restricted Share Agreement (U-Store-It Trust)

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Forfeiture of Unvested. Shares Except as provided pursuant to the terms of any Employment Agreement between you and the Company or in the provisions of this Award relating to Change in ControlAgreement, in the event that your Service service terminates for any reason other than death, disabilityDisability, or Retirement, or a Company-initiated termination of Service without Cause before the last day of the Performance PeriodQualifying Termination, you will forfeit to the Company all of the Shares subject to this grant that have not yet vested.

Appears in 1 contract

Samples: Performance Vested Restricted Share Agreement (CubeSmart, L.P.)

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