Involuntary Termination Without Severance. If your employment is involuntarily terminated by the HBI Companies at any time before the Vesting Date and you are not eligible to receive severance benefits under any written severance plan of the Company (i.e., your employment is terminated for “cause”), the PSUs granted under this Award are forfeited on the date of termination.
Appears in 5 contracts
Samples: Performance Stock Unit Grant Notice and Agreement (Hanesbrands Inc.), Performance Stock Unit Grant Notice and Agreement (Hanesbrands Inc.), Performance Stock Unit Grant Notice and Agreement (Hanesbrands Inc.)
Involuntary Termination Without Severance. If your employment is involuntarily terminated by the HBI Companies at any time before the Vesting Date and you are not eligible to receive severance benefits under any written severance plan of the Company (i.e., your employment is terminated for “cause”), the PSUs RSUs granted under this Award are forfeited on the date of termination.
Appears in 3 contracts
Samples: Notice and Agreement (Hanesbrands Inc.), Notice and Agreement (Hanesbrands Inc.), Inducement Restricted Stock Unit Grant Notice and Agreement (Hanesbrands Inc.)
Involuntary Termination Without Severance. If your employment is involuntarily terminated by the HBI Companies at any time before the Vesting Date and you are not eligible to receive severance benefits under any written severance plan of the Company (i.e., your employment is terminated for “cause”Cause), the PSUs granted under then vesting ends and this Award are is forfeited on the date of termination.
Appears in 2 contracts
Samples: Grant Notice and Agreement (Hanesbrands Inc.), And Agreement (Hanesbrands Inc.)
Involuntary Termination Without Severance. If your employment is involuntarily terminated by the HBI Companies at any time before the Vesting Date and you are 2020 Inducement Long-Term Incentive Plan PSU Grant Agreement – U.S. (Updated August 2020) Page 4 of 11 not eligible to receive severance benefits under any written severance plan of the Company (i.e., your employment is terminated for “cause”), the PSUs granted under this Award are forfeited on the date of termination.
Appears in 1 contract
Samples: Term Incentive Plan Performance Stock Unit Grant Notice and Agreement (Hanesbrands Inc.)
