Common use of Involuntary Termination of Service Clause in Contracts

Involuntary Termination of Service. If the Participant's Service is involuntarily terminated by the General Partner, as the direct result of a divestiture or otherwise, in each case without Cause, then any unvested Restricted Units shall become fully vested upon such termination of Service.

Appears in 2 contracts

Samples: Restricted Unit Award Agreement (SemGroup Corp), Restricted Unit Award Agreement (Rose Rock Midstream, L.P.)

AutoNDA by SimpleDocs

Involuntary Termination of Service. If the Participant's ’s Service is involuntarily terminated by the General PartnerCompany, as the direct result of a divestiture or otherwise, in each case without Cause, then any unvested Restricted Units shall become fully vested upon such termination of Service.

Appears in 2 contracts

Samples: Restricted Unit Award Agreement, Restricted Unit Award Agreement (Rose Rock Midstream, L.P.)

Involuntary Termination of Service. If the Participant's ’s Service is involuntarily terminated by the General PartnerCompany, as the direct result of a divestiture or otherwise, in each case without Cause, then any unvested Restricted Units Shares shall become fully vested upon such termination of Service.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (SemGroup Corp), Restricted Stock Award Agreement (SemGroup Corp)

AutoNDA by SimpleDocs

Involuntary Termination of Service. If the Participant's Service is involuntarily terminated by the General PartnerCompany, as the direct result of a divestiture or otherwise, in each case without Cause, then any unvested Restricted Units Shares shall become fully vested upon such termination of Service.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (SemGroup Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.