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, all of your rights in this Agreement, including all rights to the Annual Incentive Award, will lapse and be completely forfeited without consideration on the date your employment terminates.

Appears in 2 contracts

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

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Separation from Service Generally. Except as otherwise expressly provided to the contrary in this Section 54, in the event of your Separation from ServiceService on or before the end of the Performance Period, all of your rights in this Agreement, including all rights to the Annual Incentive Award, will lapse and be completely forfeited without consideration on the date your employment terminates.

Appears in 2 contracts

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

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