Common use of Separation from Service Generally Clause in Contracts

Separation from Service Generally. If you separate from service with the Company Group on or before the last day of the Performance Period, then, except as provided in Sections 4.2 through 4.5 below, all of your rights in the Agreement, including all rights to the Performance Units granted to you, will lapse and be completely forfeited on the date of your separation from service.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Quanex Building Products CORP), Performance Unit Award Agreement (Quanex Corp)

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Separation from Service Generally. If Except as specified in Sections 4.2 through 4.5 below, if you separate from service with the Company Group on or before the last day of the Performance Period, then, except as provided in Sections 4.2 through 4.5 below, all of your rights in the Agreement, including all rights to the Performance Units granted to you, will lapse and be completely forfeited on the date of your separation from serviceemployment terminates.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Quanex Building Products CORP), Performance Unit Award Agreement (Quanex Corp)

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Separation from Service Generally. If Except as specified in Sections 4.2 through 4.4 below, if you separate from service with the Company Group on or before the last day of the Performance Period, then, except as provided in Sections 4.2 through 4.5 below, all of your rights in the Agreement, including all rights to the Performance Units granted to you, will lapse and be completely forfeited on the date of your separation Separation from serviceService.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Quanex Building Products CORP), Performance Unit Award Agreement (Quanex Corp)

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