Common use of Other Employment Termination During Award Period Clause in Contracts

Other Employment Termination During Award Period. Except as otherwise described in this Section 2, if the Grantee’s employment with the Company or one of its subsidiaries or affiliates is otherwise terminated during the Award Period, any and all PSUs shall be forfeited, cancelled and terminated upon such termination. For purposes of this Agreement, the applicable termination date shall be Grantee’s final day actively performing his or her job duties, without regard to any severance or garden leave arrangement.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Belden Inc.), Performance Stock Unit Award Agreement (Belden Inc.)

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Other Employment Termination During Award Period. Except as If the Grantee or the Company otherwise described in this Section 2, if terminates the Grantee’s 's employment with the Company or one of its subsidiaries or affiliates is otherwise terminated during the Award Period, any and all PSUs shall be forfeited, cancelled and terminated upon such termination. For purposes of this Agreement, the applicable termination date shall be Grantee’s final day actively performing his or her job duties, without regard to any severance or garden leave arrangement.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Belden CDT Inc.), Performance Share Award Agreement (Belden CDT Inc.)

Other Employment Termination During Award Period. Except as otherwise described in this Subject to Section 24(j), if the Grantee’s employment with Grantee or the Company or one of its subsidiaries or affiliates is otherwise terminated terminates the Grantee’s employment during the Award Period, any and all PSUs shall be forfeited, cancelled and terminated upon such termination. For purposes of this Agreement, the applicable termination date shall be Grantee’s final day actively performing his or her job duties, without regard to any severance or garden leave arrangement.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Belden Inc.)

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Other Employment Termination During Award Period. Except as If the Grantee or the Company otherwise described in this Section 2, if terminates the Grantee’s employment with the Company or one of its subsidiaries or affiliates is otherwise terminated during the Award Period, any and all PSUs shall be forfeited, cancelled and terminated upon such termination. For purposes of this Agreement, the applicable termination date shall be Grantee’s final day actively performing his or her job duties, without regard to any severance or garden leave arrangement.

Appears in 1 contract

Samples: Performance Share Award Agreement (Belden Inc.)

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