Common use of Termination for Cause or upon a Voluntary Termination Clause in Contracts

Termination for Cause or upon a Voluntary Termination. Except as the Committee may at any time otherwise provide or as required to comply with applicable law, if Awardee’s employment or service with Micro or its Affiliates is terminated for Cause or the Awardee voluntarily terminates employment, his/her Restricted Stock Unit Award shall immediately be terminated and he/she shall not be entitled to receive any payment thereunder.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!