Separation from Service; Failure to Satisfy Performance Measures. 3.3.1. Except as otherwise provided in the Plan and this Agreement, if the Holder incurs a Separation from Service before the Vesting Date for any reason, then the entire Award shall be immediately forfeited by the Holder for no consideration and cancelled, effective as of the date of the Holder’s Separation from Service. 3.3.2. If the Holder does not incur a Separation from Service before the Vesting Date, any Award Units in which the Holder does not become vested pursuant to the Performance Measures set forth in Attachment B shall be immediately forfeited by the Holder for no consideration and cancelled, effective as of the last day of the Performance Period.
Appears in 10 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (Tri Pointe Homes, Inc.), Performance Based Restricted Stock Unit Award Agreement (Tri Pointe Homes, Inc.), Performance Based Restricted Stock Unit Award Agreement (Tri Pointe Homes, Inc.)
