Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Participant’s Termination of Services for any or no reason, the then-unvested RSUs subject to this Agreement will be automatically forfeited, terminated and cancelled as of such date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 5 contracts
Samples: Restricted Share Unit Award Agreement (InMode Ltd.), Restricted Share Unit Award Agreement (InMode Ltd.), Restricted Share Unit Award Agreement
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Upon Participant’s Termination of Services Service for any or no reason, the then-unvested RSUs subject to this Agreement (after giving effect to any accelerated vesting pursuant to Section 2.4) will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Calix, Inc), Restricted Stock Unit Award Agreement (Micrel Inc), Restricted Stock Unit Award Agreement (Ellie Mae Inc)
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Upon Participant’s Termination of Services for any or no reason, the then-unvested RSUs subject to this Agreement (after giving effect to any accelerated vesting pursuant to Section 2.4) will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 3 contracts
Samples: Restricted Share Unit Award Agreement, Restricted Share Unit Award Agreement (Avago Technologies LTD), Restricted Share Unit Award Agreement (Avago Technologies LTD)
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Participant’s Termination of Services for any or no reason, the then-unvested RSUs subject to this Agreement will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc)
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Upon Participant’s Termination of Services Service for any or no reasonreason other than by reason of Participant’s death, the then-unvested RSUs subject to this Agreement (after giving effect to any accelerated vesting pursuant to Section 2.4) will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For Notwithstanding anything herein or in the avoidance Grant Notice, the then-unvested RSUs subject to this Agreement will automatically vest in full in the event of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of ServicesService by reason of Participant’s death.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Ellie Mae Inc)
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Participant’s Termination of Services Service for any or no reason, the then-all then unvested RSUs subject to this Agreement will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 1 contract
Samples: Employment and Non Competition Agreement (ASGN Inc)
Forfeiture, Termination and Cancellation upon Termination of Services. Notwithstanding any contrary provision of this Agreement, upon the Upon Participant’s Termination of Services Service for any or no reason, the then-unvested RSUs subject to this Agreement (after giving effect to any accelerated vesting pursuant to Section 2.4 hereof) will thereupon be automatically forfeited, terminated and cancelled as of such the applicable termination date without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder. For the avoidance of doubt, except as otherwise provided by the Administrator, no RSUs shall vest following the Participant’s Termination of Services.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Spirit Airlines, Inc.)