Termination of Employment or Services. (A) Upon the termination of the Participant’s employment with the Company or an Affiliate (1) by the Company or an Affiliate due to the Disability of the Participant while performing Continuous Service or (2) due to the death of the Participant while performing Continuous Service, unvested RSUs shall vest in full immediately subject, in the case of a termination due to Disability, to the Participant’s execution and delivery to the Company (and non-revocation of) a release of claims that becomes fully effective and irrevocable within fifty-five (55) days following the date of termination. If a release is not timely executed and delivered by the Participant to the Company, or if such release is timely executed and delivered but is subsequently revoked by the Participant, then the Participant will automatically forfeit the unvested RSUs covered by this Award effective as of the date of termination of employment.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Cheniere Energy, Inc.), Restricted Stock Unit Award Agreement (Cheniere Energy, Inc.), Restricted Stock Unit Award Agreement (Cheniere Energy, Inc.)
