Common use of Forfeiture upon Termination as Service Provider Clause in Contracts

Forfeiture upon Termination as Service Provider. Notwithstanding any contrary provision of this Agreement, except as otherwise set forth in the Letter Agreement, if the Grantee’s status as a Service Provider terminates for any or no reason, prior to a vesting date set forth above, the unvested Stock Purchase Rights awarded by this Agreement will immediately terminate and be forfeited at no cost to the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Nuance Communications, Inc.), Restricted Stock Unit Agreement (Nuance Communications, Inc.)

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Forfeiture upon Termination as Service Provider. Notwithstanding any contrary provision of this Agreement, except as otherwise set forth in the Letter Agreement, if the Grantee’s status Grantee terminates service as a Service Provider terminates for any or no reason, reason prior to a vesting date set forth abovevesting, the unvested Stock Purchase Rights awarded by this Agreement will immediately terminate and thereupon be forfeited at no cost to the Company.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Nuance Communications, Inc.)

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Forfeiture upon Termination as Service Provider. Notwithstanding any contrary provision of this Agreement, except as otherwise set forth in the Letter Agreement, if the Grantee’s 's status as a Service Provider terminates for any or no reason, prior to a vesting date set forth above, the unvested Stock Purchase Rights awarded by this Agreement will immediately terminate and be forfeited at no cost to the Company.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Nuance Communications, Inc.)

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