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

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 above, the balance of the Restricted Stock Units that have not vested at the time of Participant’s termination as a Service Provider for any reason will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunder. For purposes of the Restricted Stock Units, Participant’s status as a Service Provider will be deemed terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor laws in the jurisdiction where Participant is providing service or the terms of Participant’s employment or other service agreement, if any) and such date will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor laws in the jurisdiction where the Participant is providing service or the terms of Participant’s employment or other service agreement, if any). The Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides services for purposes of the Restricted Stock (including whether Participant may still be considered to be providing services while on a leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 above, the balance of the Restricted Stock Units that have not vested at as of the time of Participant’s termination as a Service Provider Provider, for any or no reason and Participant’s right to acquire any Shares hereunder, will be forfeited (with no consideration due to immediately terminate upon Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such ’s termination and Participant will have no further rights thereunderas a Service Provider. For purposes of the Restricted Stock Units, Participant’s 's status as a Service Provider will be deemed considered terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries any Parent or Subsidiary (regardless of the reason for such termination and whether or not later found to be found invalid or in breach of labor employment laws in the jurisdiction where Participant is providing service employed or rendering services or the terms of Participant’s employment or other service agreement, if any) ), and Participant’s right to vest in the Restricted Stock Units under the Plan, if any, will terminate as of such date and will not be extended by any notice period (e.g., Participant’s 's period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor employment laws in the jurisdiction where the Participant is providing service employed or rendering services or the terms of Participant’s employment or other service agreement, if any). The ; the Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides providing services for purposes of the Restricted Stock Unit grant (including whether Participant may still be considered to be providing services a Service Provider while on a leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 aboveAgreement, the balance of the Shares of Restricted Stock Units that have not vested at the time of Participant’s termination as a Service Provider for any reason will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunder. Participant hereby appoints the Escrow Agent with full power of substitution, as Participant’s true and lawful attorney-in-fact with irrevocable power and authority in the name and on behalf of Participant to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or certificates evidencing such unvested Shares of Restricted Stock to the Company upon such termination as a Service Provider. For purposes of the Restricted Stock UnitsStock, Participant’s 's status as a Service Provider will be deemed terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor laws in the jurisdiction where Participant is providing service or the terms of Participant’s 's employment or other service agreement, if any) and such date will not be extended by any notice period (e.g., Participant’s 's period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor laws in the jurisdiction where the Participant is providing service or the terms of Participant’s 's employment or other service agreement, if any). The Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides services for purposes of the Restricted Stock (including whether Participant may still be considered to be providing services while on a leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 above, the balance of the Restricted Stock Units that have not vested at as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunderimmediately terminate. For purposes of the this Award of Restricted Stock Units, Participant’s status as a Service Provider will be deemed considered terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries any Parent or Subsidiary (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor employment laws in the jurisdiction where Participant is providing service employed or the terms of Participant’s employment or other service agreement, if any) ), and such date will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor employment laws in the jurisdiction where the Participant is providing service employed or the terms of Participant’s employment or other service agreement, if any). The ; the Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides providing services for purposes of the this Award of Restricted Stock Units (including whether Participant may still be considered to be providing services while on a leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 aboveAgreement, the balance of the Shares of Restricted Stock Units that have not vested at the time of Participant’s termination as a Service Provider for any reason will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunder. Participant hereby appoints the Escrow Agent with full power of substitution, as Participant’s true and lawful attorney-in-fact with irrevocable power and authority in the name and on behalf of Participant to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or certificates evidencing such unvested Shares of Restricted Stock to the Company upon such termination as a Service Provider. For purposes of the Restricted Stock UnitsStock, Participant’s status as a Service Provider will be deemed terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor laws in the jurisdiction where Participant is providing service or the terms of Participant’s employment or other service agreement, if any) and such date will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor laws in the jurisdiction where the Participant is providing service or the terms of Participant’s employment or other service agreement, if any). The Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides services for purposes of the Restricted Stock (including whether Participant may still be considered to be providing services while on a leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 above, the balance of the Restricted Stock Units that have not vested at as of the time of Participant’s termination as a Service Provider for any reason and Participant’s right to acquire any Shares hereunder will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunderimmediately terminate. For purposes of the Restricted Stock Units, Participant’s status employment as a Service Provider will be deemed considered terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries any Parent, Subsidiary or affiliate (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor employment laws in the jurisdiction where Participant is providing service employed or the terms of Participant’s employment or other service agreement, if any) and unless otherwise expressly provided in this Award Agreement or determined by the Company, Participant’s right to vest in the Restricted Stock Units under the Plan, if any, will terminate as of such date and will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor employment laws in the jurisdiction where the Participant is providing service employed or the terms of Participant’s employment or other service agreement, if any). The Administrator ; the Board shall have the exclusive discretion to determine when Participant is no longer actively provides providing services for purposes of the Participant’s Restricted Stock Unit grant (including whether Participant may still be considered to be providing services while on a an approved leave of absence).

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, but subject to the vesting provisions set forth in this Award Agreement and Section 4 above, the balance of the Restricted Stock Units that have not vested at the time of Participant’s termination as a Service Provider for any reason will be forfeited (with no consideration due to Participant) and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunder. For purposes of the Restricted Stock Units, Participant’s 's status as a Service Provider will be deemed terminated as of the date Participant is no longer actively providing services to the Company or one of its Subsidiaries (regardless of the reason for such termination and whether or not later found to be invalid or in breach of labor laws in the jurisdiction where Participant is providing service or the terms of Participant’s employment or other service agreement, if any) and such date will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under labor laws in the jurisdiction where the Participant is providing service or the terms of Participant’s 's employment or other service agreement, if any). The Administrator shall have the exclusive discretion to determine when Participant is no longer actively provides services for purposes of the Restricted Stock (including whether Participant may still be considered to be providing services while on a leave of absence).