Common use of Forfeiture Upon Termination for Cause Clause in Contracts

Forfeiture Upon Termination for Cause. If a Participant’s employment by or service with the Company (and its Subsidiaries) is terminated for Cause, both the vested and the non-vested portion of his or her Option shall terminate on the date of such termination of employment or service.

Appears in 4 contracts

Samples: Employment Agreement (NPC International Inc), Employment Agreement (NPC International Inc), Employment Agreement (NPC International Inc)

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Forfeiture Upon Termination for Cause. If a Participant’s 's employment by or service with the Company (and its Subsidiaries) is terminated for Cause, both the vested and the non-vested portion of his or her Option shall terminate on the date of such termination of employment or service.

Appears in 2 contracts

Samples: Employment Agreement (NPC International Inc), Employment Agreement (NPC International Inc)

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