Common use of Termination of Employment Generally Clause in Contracts

Termination of Employment Generally. If, prior to vesting of the Shares pursuant to Section 2 or 3, Participant ceases to be an employee of the Company or its subsidiaries, or ceases to serve on the Board of Directors of the Company, for any reason (voluntary or involuntary) other than death, permanent long-term disability or a termination of employment that results in severance or separation pay being paid to Participant, then Participant’s rights to all of the unvested Shares shall be immediately and irrevocably forfeited.

Termination of Employment Generally. If, prior to vesting of the Shares Restricted Stock Units pursuant to Section 2 or 3, Participant ceases to be an employee of the Company or its subsidiaries, or ceases to serve on the Board of Directors of the Company, for any reason (voluntary or involuntary) other than death, death or permanent long-term disability or a termination of employment that results in severance or separation pay being paid to Participantdisability, then Participant’s rights to all of the unvested Shares Restricted Stock Units shall be immediately and irrevocably forfeitedforfeited on the date of termination.

Termination of Employment Generally. If, prior to vesting of the Shares pursuant to Section 2 or 3, Participant ceases to be an employee of the Company or its subsidiariesCompany, or ceases to serve on the Board of Directors of the Company, for any reason (voluntary or involuntary) other than death, permanent long-term disability or a termination of employment that results in severance or separation pay being paid to Participant, then Participant’s rights to all of the unvested Shares shall be immediately and irrevocably forfeited.

Termination of Employment Generally. If, prior to vesting of the Shares pursuant to Section 2 or 3, Participant ceases to be an employee of the Company or its subsidiariesany Affiliate, or ceases to serve on the Board of Directors of the Company, for any reason (voluntary or involuntary) other than death, (i) death or permanent long-term disability or (ii) a termination of employment that results in severance or separation pay being paid to Participant, and at the time of such termination Participant is not eligible for Retirement (as defined below), then Participant’s rights to all of the unvested Shares shall be immediately and irrevocably forfeited.