Common use of Termination for Cause; Other Termination of Employment Clause in Contracts

Termination for Cause; Other Termination of Employment. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for any reason other than as provided in Section 2(b)(i), (ii) or (iii), including for Cause, any unvested Performance Shares as of the effective date of the Participant’s termination of employment shall immediately be forfeited without the requirement of any action by the Company. (v)

Appears in 6 contracts

Samples: Performance Share Agreement (Zebra Technologies Corp), Performance Share Agreement (Zebra Technologies Corp), Performance Share Agreement (Zebra Technologies Corp)

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Termination for Cause; Other Termination of Employment. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for any reason other than as provided in Section 2(b)(i), (ii) or (iii), including for Cause, any unvested Performance Shares Restricted Stock Units as of the effective date of the Participant’s termination of employment shall immediately be forfeited without the requirement of any action by the Company. (v).

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Zebra Technologies Corp), Restricted Stock Unit Agreement (Zebra Technologies Corp), Restricted Stock Unit Agreement (Zebra Technologies Corp)

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Termination for Cause; Other Termination of Employment. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for any reason other than as provided in Section 2(b)(i), (ii) or (iii), including for Cause, any unvested Performance Shares Restricted Stock Units as of the effective date of the Participant’s termination of employment shall immediately be forfeited without the requirement of any action by the Company. (v)

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Zebra Technologies Corp), Restricted Stock Unit Agreement (Zebra Technologies Corp)

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