Common use of How Your Performance Units May Be Forfeited Clause in Contracts

How Your Performance Units May Be Forfeited. You will forfeit your Performance Units if, before your Performance Units are settled: • You terminate employment voluntarily (and before you are eligible for retirement) or if you are involuntarily terminated by the Company for any reason (or for no reason) before the Normal Settlement Date (and you are not then eligible for retirement); • You commit any act of fraud, intentional misrepresentation, embezzlement, misappropriation or conversion of any of the Company’s or any Subsidiary’s (as defined in the Plan) assets or business opportunities; • You are convicted of, or enter into a plea of nolo contendere to, a felony; • You intentionally, repeatedly or continually violate any of the Company’s policies or procedures after notice that you have violated a Company policy or procedure; • You breach any written covenant or agreement with the Company or any Subsidiary, including the terms of the Plan; • Without the Company’s advance written consent, you agree to or actually serve in any capacity for a business or entity that competes with any portion of the Company’s or any Subsidiary’s (as defined in the Plan) business or provide services (including business consulting) to an entity that competes with any portion of the Company’s or any Subsidiary’s business; • You refuse or fail to consult with, supply information to or otherwise cooperate with the Company after having been requested to do so; or • You deliberately engage in any action that the Company decides xxxxx the Company or any Subsidiary.