Common use of Impact of Termination Clause in Contracts

Impact of Termination. If Employee’s employment with the Company is terminated prior to any of the above vesting date(s) for any reason (including Employee’s death or disability), then any RSUs that had not yet become earned and vested under paragraph (a) above shall be immediately canceled as of the date of such termination.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Energous Corp), Restricted Stock Unit Award Agreement (Energous Corp), Restricted Stock Unit Award Agreement (Energous Corp)

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Impact of Termination. If Employee’s employment with the Company is terminated prior to any of the above vesting date(s) March 28, 2015 for any reason (including Employee’s death or disability), then any RSUs that had not yet become earned and vested under paragraph (a) above shall be immediately canceled as of the date of such termination.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Energous Corp)

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