Common use of Termination of Employment or Service Clause in Contracts

Termination of Employment or Service. If the Participant’s employment or service with the Company and its Affiliates terminates for any reason, all unvested RSUs shall be cancelled immediately and the Participant shall not be entitled to receive any payments with respect thereto.

Appears in 20 contracts

Samples: Restricted Stock Unit and Common Stock Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit and Common Stock Award Agreement (Virtu Financial, Inc.)

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Termination of Employment or Service. If Except as otherwise provided in an employment agreement (or similar agreement) between Participant and the Corporation or any of its Subsidiaries in effect on the Date of Grant, if Participant’s employment or service with the Company and its Affiliates Corporation or any Subsidiary, as applicable, terminates for any reason, all then the unvested portion of the RSUs shall be cancelled immediately and the Participant shall not be entitled immediately forfeit any rights to receive any payments with respect theretothe RSUs subject to such unvested portion.

Appears in 5 contracts

Samples: Employment Agreement (CAESARS ENTERTAINMENT Corp), Restricted Stock Unit Award Agreement (CAESARS ENTERTAINMENT Corp), Restricted Stock Unit Award Agreement (CAESARS ENTERTAINMENT Corp)

Termination of Employment or Service. If the Participant’s 's employment or service with the Company and its Affiliates terminates for any reason, all unvested RSUs shall be cancelled immediately and the Participant shall not be entitled to receive any payments with respect thereto.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.)

Termination of Employment or Service. If Upon the termination of the Participant’s employment or other service with the Company and its Affiliates terminates for Company, any reason, all unvested RSUs then covered by this Agreement shall be cancelled immediately canceled and the Participant shall not be entitled to receive any payments have no further rights with respect thereto.

Appears in 3 contracts

Samples: Agreement (G Iii Apparel Group LTD /De/), Agreement (G Iii Apparel Group LTD /De/), Agreement (G Iii Apparel Group LTD /De/)

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Termination of Employment or Service. If Upon the termination of the Participant’s employment or other service with the Company and its Affiliates terminates for subsidiaries, any reason, all unvested RSUs then covered by this Agreement shall be cancelled immediately canceled and the Participant shall not be entitled to receive any payments have no further rights with respect thereto.

Appears in 2 contracts

Samples: Agreement (G Iii Apparel Group LTD /De/), Agreement (G Iii Apparel Group LTD /De/)

Termination of Employment or Service. If Upon the termination of the Participant’s employment or other service with the Company and its Affiliates terminates for Company, any reason, all unvested RSUs then covered by this Agreement shall be cancelled immediately canceled and the Participant shall not be entitled to receive any payments have no further rights with respect thereto.. ​

Appears in 1 contract

Samples: Agreement (G Iii Apparel Group LTD /De/)

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