Common use of Termination for Any Other Reason Clause in Contracts

Termination for Any Other Reason. If the Recipient’s service as a member of the Board of Directors terminates prior to the Vesting Date and prior to the occurrence of a Change in Control for reasons other than Disability, death or Retirement, any Restricted Shares subject to this Agreement that have not been earned and vested on the last day of the Recipient’s service as a member of the Board of Directors shall be immediately forfeited.

Appears in 7 contracts

Samples: Restricted Share Award Agreement (Mack Cali Realty L P), Restricted Share Award Agreement (Mack Cali Realty L P), Restricted Share Award Agreement (Mack Cali Realty L P)

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Termination for Any Other Reason. If the Recipient’s 's service as a member of the Board of Directors terminates prior to the Vesting Date and prior to the occurrence of a Change in Control for reasons other than Disability, death or Retirement, any Restricted Shares subject to this Agreement that have not been earned and vested on the last day of the Recipient’s 's service as a member of the Board of Directors shall be immediately forfeited.

Appears in 2 contracts

Samples: Restricted Share Award Agreement (Mack Cali Realty L P), Restricted Share Award Agreement (Mack Cali Realty L P)

Termination for Any Other Reason. If the Recipient’s service with as a member of the Board of Directors terminates prior to the Vesting Date January 1, 2006 and prior to the occurrence of a Change in Control for reasons other than Disability, death or Retirement, any Restricted Shares subject to this Agreement that have not been earned and vested on the last day of the Recipient’s service as a member of the Board of Directors shall be immediately forfeited.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Mack Cali Realty Corp)

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Termination for Any Other Reason. If the Recipient’s 's service as a member of the Board of Directors terminates prior to the Vesting Date January 1, 2007 and prior to the occurrence of a Change in Control for reasons other than Disability, death or Retirement, any Restricted Shares subject to this Agreement that have not been earned and vested on the last day of the Recipient’s 's service as a member of the Board of Directors shall be immediately forfeited.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Mack Cali Realty L P)

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