Termination for Cause; Breach of Restrictive Covenant. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for Cause or the Participant breaches any of the Restrictive Covenants (as defined in Section 6), any unexercised SAR, whether vested or not, shall expire as of the date of the event giving rise to the termination for Cause, be forfeited, and be considered null and void.
Appears in 5 contracts
Samples: Stock Appreciation Rights Agreement (Zebra Technologies Corp), Stock Appreciation Rights Agreement (Zebra Technologies Corp), Stock Appreciation Rights Agreement (Zebra Technologies Corp)
Termination for Cause; Breach of Restrictive Covenant. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for Cause or the Participant breaches any of the Restrictive Covenants (as defined in Section 6), any unexercised SAR, whether vested or not, shall expire as of the date of the event giving rise to the termination for Cause, be forfeited, and be considered null and void.
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Zebra Technologies Corp)
