Common use of Separation from Service Generally Clause in Contracts

Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 5, in the event of your Separation from Service before the Ending Date, all of your rights in this Agreement, including all rights to the Performance Shares granted to you, will lapse and be completely forfeited without consideration on the date of your Separation from Service.

Appears in 7 contracts

Samples: www.sec.gov, Performance Share Award Agreement (Quanex Building Products CORP), Performance Share Award Agreement (Quanex Building Products CORP)

AutoNDA by SimpleDocs

Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 5, in the event of your Separation from Service before the Ending Date, all of your rights in this Agreement, including all rights to the Performance Shares Units granted to you, will lapse and be completely forfeited without consideration on the date of your Separation from Service.

Appears in 6 contracts

Samples: Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP)

Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 5, in the event of your Separation from Service before the Ending Date, all of your rights in this Agreement, including all rights to the Performance Shares PRSUs granted to you, will lapse and be completely forfeited without consideration on the date of your Separation from Service.

Appears in 2 contracts

Samples: Quanex Building Products CORP, Quanex Building Products CORP

Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 5, in the event of your Separation from Service on or before the Ending Date, all of your rights in this Agreement, including all rights to the Performance Shares PRSUs granted to you, will lapse and be completely forfeited without consideration on the date of your Separation from Service.

Appears in 1 contract

Samples: Quanex Building Products CORP

AutoNDA by SimpleDocs

Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 5, in the event of your Separation from Service on or before the Ending Date, all of your rights in this Agreement, including all rights to the Performance Shares granted to you, will lapse and be completely forfeited without consideration on the date of your Separation from Service.

Appears in 1 contract

Samples: Award Agreement (Quanex Building Products CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!