Common use of Termination by the Company or any Subsidiary other than for Cause Clause in Contracts

Termination by the Company or any Subsidiary other than for Cause. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated by the Company and/or any Subsidiary other than for Cause, any unvested Restricted Stock as of the date of the Participant’s termination of employment shall immediately become fully vested and the remainder of the Period of Restriction relating to such Restricted Stock shall immediately lapse. For purposes of this Stock Agreement, “Cause” means, as determined by the Company, in its sole discretion, termination of the Participant’s employment with the Company or any Subsidiary because of the Participant’s:

Appears in 4 contracts

Samples: Employment Agreement (Zebra Technologies Corp), Employment Agreement (Zebra Technologies Corp), Restricted Stock Agreement (Zebra Technologies Corp/De)

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Termination by the Company or any Subsidiary other than for Cause. In the event the Participant’s employment with the Company and/or any Subsidiary and its Subsidiaries is terminated by the Company and/or any Subsidiary other than for Cause, any unvested Restricted Stock as of the effective date of the Participant’s termination of employment shall immediately become fully vested and the remainder of the Period of Restriction relating to such Restricted Stock shall immediately lapse. For purposes of this Stock Agreement, “Cause” means, as determined by the Company, in its sole discretion, termination of the Participant’s employment with the Company or any Subsidiary and its Subsidiaries because of the Participant’s:

Appears in 1 contract

Samples: Restricted Stock Agreement (Zebra Technologies Corp)

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Termination by the Company or any Subsidiary other than for Cause. In the event the Participant’s employment with the Company and/or any Subsidiary and its Subsidiaries is terminated prior to December 31, 2012 by the Company and/or any Subsidiary other than for Cause, any unvested Restricted Stock a number of Shares equal to the Target Shares shall immediately become fully vested as of the effective date of the Participant’s termination of employment shall immediately become fully vested and the remainder of the Period of Restriction relating to such Restricted Stock shall immediately lapse. For purposes of this Stock Agreement, “Cause” means, as determined by the Company, in its sole discretion, termination of the Participant’s employment with the Company or any Subsidiary and its Subsidiaries because of the Participant’s:

Appears in 1 contract

Samples: Restricted Stock Agreement (Zebra Technologies Corp)

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