Common use of Termination of Employment - General Clause in Contracts

Termination of Employment - General. If, prior to the Scheduled Vesting Date, you cease to be Employed for any reason, then except as otherwise provided in Section 2(c) (Certain Terminations), the PSUs shall immediately be forfeited for no consideration as of the Date of Termination.

Appears in 2 contracts

Samples: Award Agreement (Kenvue Inc.), Award Agreement (Kenvue Inc.)

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Termination of Employment - General. If, prior to the Scheduled Vesting Date, you cease to be Employed for any reason, then except as otherwise provided in Section 2(c) (Certain Terminations; Disability), the PSUs shall immediately be forfeited for no consideration as of on the Date of Termination.

Appears in 1 contract

Samples: Global Performance Share Unit Award Agreement (Johnson & Johnson)

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Termination of Employment - General. If, prior to the Scheduled Vesting Date, you cease to be Employed for any reason, including, without limitation, due to a termination for Cause, then except as otherwise provided in Section 2(c) (Certain Terminations)hereof, the PSUs shall immediately be forfeited for no consideration as of on the Date of Termination.

Appears in 1 contract

Samples: Global Performance Share Unit Award Agreement (Johnson & Johnson)

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