Common use of Termination for any reason other than Death or Disability Clause in Contracts

Termination for any reason other than Death or Disability. If the Grantee’s employment with the Company and its Subsidiaries terminates for any reason other than the Grantee’s death or disability prior to the satisfaction of the vesting conditions set forth in Section 3 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate, be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 14 contracts

Samples: Time Vesting Restricted Stock Unit Agreement (Insulet Corp), Time Vesting Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp)

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Termination for any reason other than Death or Disability. If the Grantee’s employment Service Relationship with the Company and its Subsidiaries terminates for any reason other than the Grantee’s death or disability prior to the satisfaction of the vesting conditions set forth in Section 3 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate, be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 6 contracts

Samples: Time Vesting Restricted Stock Unit Agreement (Insulet Corp), Restricted Stock Unit Agreement (Insulet Corp), Time Vesting Restricted Stock Unit Agreement (Insulet Corp)

Termination for any reason other than Death or Disability. If the Grantee’s employment with Grantee ceases to be a Director of the Company and its Subsidiaries terminates for any reason other than the Grantee’s death or disability prior to the satisfaction of the vesting conditions set forth in Section 3 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate, be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 3 contracts

Samples: Time Vesting Restricted Stock Unit Agreement (Insulet Corp), Time Vesting Restricted Stock Unit Agreement (Insulet Corp), Time Vesting Restricted Stock Unit Agreement (Insulet Corp)

Termination for any reason other than Death or Disability. If the Grantee’s employment Service Relationship with the Company and its Subsidiaries terminates for any reason other than the Grantee’s death or disability prior to the satisfaction of the vesting conditions set forth in Section 3 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate, be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, assigns or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Performance Vesting Restricted Stock Unit Agreement (Insulet Corp), Performance Vesting Restricted Stock Unit Agreement (Insulet Corp)

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Termination for any reason other than Death or Disability. If the Grantee’s employment with the Company and its Subsidiaries terminates for any reason other than the Grantee’s death or disability prior to the satisfaction of the vesting conditions set forth in Section 3 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate, be forfeited and be and become null and void, and neither the Grantee nor any of his or her successors, heirs, assigns, assigns or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Performance Vesting Restricted Stock Unit Agreement (Insulet Corp)

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