Common use of No Continued Vesting Clause in Contracts

No Continued Vesting. For the avoidance of doubt, vesting of any grants under the Incentive Plan or any other stock, stock option or other incentive awards shall cease upon the date of any termination of Executive’s employment, and shall not continue to vest for the remainder of any Noncompetition Period, Non-Solicitation Period or during any applicable Basic Severance Term or Extended Severance Term.

Appears in 9 contracts

Samples: Executive Employment Agreement (FlexEnergy Green Solutions, Inc.), Executive Employment Agreement (FlexEnergy Green Solutions, Inc.), Executive Employment Agreement (FlexEnergy Green Solutions, Inc.)

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