Common use of Termination of Employment or Service by Micro or its Affiliates in General Clause in Contracts

Termination of Employment or Service by Micro or its Affiliates in General. 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 any reason other than Voluntary Termination, Death, Disability, Retirement or Cause, Awardee’s right to receive a payment under his/her Restricted Stock Unit Award shall be reduced from 100% of the payment that would be due if the Awardee remained employed throughout the Measurement Period to a fraction thereof whose numerator shall be the number of full months elapsed from the beginning of the Measurement Period or, if later, the date such Awardee became an Executive through the date of such termination and whose denominator shall be 36; provided, however that if the numerator is less than 12, the Restricted Stock Unit Award shall immediately be terminated and the Awardee shall not be entitled to receive any payment thereunder.

Termination of Employment or Service by Micro or its Affiliates in General. 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 an Affiliate is terminated for any reason other than Voluntary Termination, Death, Disability, Retirement Disability or Cause, Awardee’s right to receive a payment under his/her the Restricted Stock Unit Award shall be reduced from 100% of the payment that would be due if the Awardee remained employed throughout the Measurement Period to a fraction thereof whose numerator shall be the number of full months elapsed from the beginning of the Measurement Period or, if later, the date such Awardee became an Executive through the date of such termination Termination Date (as defined in Section 5(e) below) and whose denominator shall be 36; provided, however that if the numerator is less than 12, the Restricted Stock Unit Award shall immediately be terminated cancelled (forfeited) and the Awardee shall not be entitled to receive any payment thereunder.

Termination of Employment or Service by Micro or its Affiliates in General. 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 an Affiliate is terminated for any reason other than Voluntary Termination, Death, Disability, Retirement or Cause, Awardee’s right to receive a payment under his/her the Restricted Stock Unit Award shall be reduced from 100% of the payment that would be due if the Awardee remained employed throughout the Measurement Period to a fraction thereof whose numerator shall be the number of full months elapsed from the beginning of the Measurement Period or, if later, the date such Awardee became an Executive through the date of such termination Termination Date (as defined in Section 5(f) below) and whose denominator shall be 36; provided, however that if the numerator is less than 12, the Restricted Stock Unit Award shall immediately be terminated cancelled (forfeited) and the Awardee shall not be entitled to receive any payment thereunder.

Termination of Employment or Service by Micro or its Affiliates in General. 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 an Affiliate is terminated for any reason other than Voluntary Termination, Deathdeath, Disability, Retirement or Cause, Awardee’s right to receive a payment under his/her the Restricted Stock Unit Award shall be reduced from 100% of the payment that would be due if the Awardee remained employed throughout the Measurement Period and Vesting Periods to a fraction thereof whose numerator shall be the number of full months elapsed from the beginning of the Measurement Period or, if later, the date such Awardee became an Executive through the date of such termination Termination Date (as defined in Section 6(f) below) and whose denominator shall be 36; provided, however that if the numerator is less than 12, the Restricted Stock Unit Award shall immediately be terminated cancelled (forfeited) and the Awardee shall not be entitled to receive any payment thereunder. The payment will be made on each Vesting Date, as applicable, and shall be based on upon the results at the end of the Measurement Period.