Common use of Termination by Participant Clause in Contracts

Termination by Participant. Except as provided in Section 4(b)(ii), upon a Termination of Employment prior to the Vesting Date effected by the Participant for any reason other than “Good Reason” (as defined in the Employment Agreement) all unvested Restricted Stock shall be forfeited as of the effective date of such Termination of Employment.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Heat Biologics, Inc.), Restricted Stock Agreement (Heat Biologics, Inc.)

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Termination by Participant. Except as provided in Section 4(b)(iiSections 4(b)(iii) and (iv), upon a Termination of Employment prior to the Vesting Date effected by the Participant for any reason other than “Good Reason” (as defined in the Employment Agreement) all unvested Restricted Stock shall be forfeited as of the effective date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Agreement (DERMAdoctor, LLC)

Termination by Participant. Except as provided in Section 4(b)(ii), upon a Termination of Employment or termination of service prior to the Vesting Date effected by the Participant for any reason other than “Good Reason” (as defined in the Employment AgreementAgreement or if not defined in the Employment Agreement then without Cause as defined in the Plan) all unvested Restricted Stock shall be forfeited as of the effective date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Agreement (Icagen, Inc.)

Termination by Participant. Except as provided in Section 4(b)(ii), upon a Termination of Employment [or termination of service] prior to the Vesting Date effected by the Participant for any reason other than “Good Reason” (as defined in the Employment Agreement) all unvested Restricted Stock shall be forfeited as of the effective date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Agreement (Heat Biologics, Inc.)

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Termination by Participant. Except as provided in Section 4(b)(ii), upon a Termination of Employment prior to the Vesting Date effected by the Participant for any reason other than “Good Reason” (as defined in the Employment Agreement) all unvested Restricted Stock shall be forfeited as of the effective date of such Termination of Employment.

Appears in 1 contract

Samples: Restricted Stock Agreement (Heat Biologics, Inc.)

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