Common use of Forfeiture; Termination of Employment Clause in Contracts

Forfeiture; Termination of Employment. Other than as set forth in Section 5 of this Agreement, any unvested RSUs shall expire and be forfeited upon the termination of Participant’s Employment for any reason without any consideration and the Participant shall have no further rights thereto.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Graftech International LTD), Restricted Stock Unit Agreement (Graftech International LTD)

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Forfeiture; Termination of Employment. Other than as set forth in Section 4 or 5 of this Agreement, any unvested RSUs shall expire and be forfeited upon the termination of Participant’s Employment for any reason without any consideration and the Participant shall have no further rights thereto.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Graftech International LTD), Restricted Stock Unit Agreement (Graftech International LTD)

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