Forfeiture Upon Termination of Service. Simultaneously with termination of Employee’s Continuous Service for any reason other than as a result of Employee’s death or Disability (as defined in the Plan) prior to the vesting of Employee’s rights to receive the Shares in accordance with Section 2 of this Agreement, Employee shall automatically forfeit all rights to receive the Shares, unless and except to the extent otherwise agreed by the Company, in its sole discretion.
Appears in 6 contracts
Samples: Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc.)
Forfeiture Upon Termination of Service. Simultaneously with termination of Employee’s 's Continuous Service for any reason other than as a result of Employee’s 's death or Disability (as defined in the Plan) prior to the vesting of Employee’s 's rights to receive the Shares in accordance with Section 2 of this Agreement, Employee shall automatically forfeit all rights to receive the Shares, unless and except to the extent otherwise agreed by the Company, in its sole discretion.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc./De), Restricted Stock Unit Agreement (Lexicon Pharmaceuticals, Inc./De)
