Forfeiture upon Termination as Service Provider. Notwithstanding any contrary provision of this Agreement, if the Participant ceases to be a Service Provider for any or no reason, the then-unvested Performance Units awarded by this Agreement shall thereupon be forfeited at no cost to the Company and the Participant shall have no further rights thereunder.
Appears in 3 contracts
Samples: Monolithic Power (Monolithic Power Systems Inc), Equity Incentive Plan (Foxhollow Technologies, Inc.), Monolithic Power (Monolithic Power Systems Inc)
Forfeiture upon Termination as Service Provider. Notwithstanding any contrary provision of in this AgreementAgreement (except for any vesting acceleration provision that may apply upon Participant ceasing to be a Service Provider set forth in Exhibit A), if the Participant ceases to be a Service Provider for any or no reason, the then-unvested Performance Units awarded by this Agreement shall thereupon be forfeited at no cost to the Company and the Participant shall have no further rights thereunder.
Appears in 2 contracts
Samples: Equity Incentive Plan (Foxhollow Technologies, Inc.), Equity Incentive Plan (Foxhollow Technologies, Inc.)
