Common use of Termination of Employment or Services Clause in Contracts

Termination of Employment or Services. Except as set forth herein, if the Participant’s employment with, or engagement to provide services to, the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (J.Jill, Inc.), Option Award Agreement (Jill Intermediate LLC), Nonqualified Option Award Agreement (J.Jill, Inc.)

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Termination of Employment or Services. Except as set forth hereinin Section 2(b) and (c) above, if the Participant’s employment with, or engagement to provide services to, with the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 4 contracts

Samples: Option Award Agreement, Option Award Agreement, Option Award Agreement (BrightSphere Investment Group PLC)

Termination of Employment or Services. Except as set forth herein, if If the Participant’s employment with, membership on the board of directors of, or engagement to provide services to, the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 2 contracts

Samples: Nonqualified Option Award Agreement (Latham Group, Inc.), Nonqualified Option Award Agreement (Latham Group, Inc.)

Termination of Employment or Services. Except as set forth herein, if the Participant’s employment with, membership on the board of directors of, or engagement to provide services to, the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 1 contract

Samples: Option Award Agreement (Infrastructure & Energy Alternatives, Inc.)

Termination of Employment or Services. Except as set forth hereinotherwise provided below in this Section 3, if the Participant’s employment with, or engagement to provide services to, the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 1 contract

Samples: Nonqualified Option Award Agreement (PlayAGS, Inc.)

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Termination of Employment or Services. Except as set forth hereinotherwise provided in the Grant Notice or otherwise determined by the Administrator, if the Participant’s employment with, membership on the board of directors of, or engagement to provide services to, to the Company and or any of its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 1 contract

Samples: Stock Option Award Agreement (TKO Group Holdings, Inc.)

Termination of Employment or Services. Except as set forth hereinin Section 2(c) above, if the Participant’s employment with, or engagement to provide services to, with the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.

Appears in 1 contract

Samples: Option Award Agreement (BrightSphere Investment Group Inc.)

Termination of Employment or Services. Except as set forth herein, if ​ If the Participant’s employment with, membership on the board of directors of, or engagement to provide services to, the Company and its Affiliates terminates for any reason, the unvested portion of the Option shall be canceled immediately and the Participant shall immediately forfeit without any consideration any rights to the Option Shares subject to such unvested portion.. ​ ​

Appears in 1 contract

Samples: Nonqualified Option Award Agreement (Latham Group, Inc.)

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