Common use of Forfeiture Upon Termination of Service Clause in Contracts

Forfeiture Upon Termination of Service. Except as otherwise provided in this Agreement or the Plan, upon your Termination of Service, you will forfeit the Option with respect to any Shares as to which the Option has not vested as of the date of your Termination of Service.

Appears in 3 contracts

Samples: Nonqualified Stock Optionaward Agreement (Cree Inc), Nonqualified Stock Optionaward Agreement (Cree Inc), Nonqualified Stock Optionaward Agreement (Cree Inc)

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Forfeiture Upon Termination of Service. Except as otherwise provided in this Agreement or the Plan, upon your Termination of Service, Service you will forfeit the Option with respect to any Shares as to which the Option has not vested as of the date of your Termination of Service.

Appears in 2 contracts

Samples: Master Stock Option Award Agreement (Cree Inc), Master Stock Option Award Agreement (Cree Inc)

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Forfeiture Upon Termination of Service. Except as otherwise provided in this Agreement or the Plan, upon your Termination of Service, you will forfeit the Option with respect to any Shares as to which the Option has not vested as of the date of your Termination of Service. 5.

Appears in 1 contract

Samples: www.sec.gov

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