Common use of Termination of Employment Prior to Vesting Date Clause in Contracts

Termination of Employment Prior to Vesting Date. Notwithstanding the foregoing subsection (a), in the event of the Executive’s termination of employment prior to the Tranche 2 Vesting Date, any unvested PRSUs shall be subject to forfeiture in accordance with Section 5 of this Agreement (and no PRSUs that are forfeited pursuant to Section 5 of this Agreement shall become vested pursuant to this Annex B).

Appears in 1 contract

Samples: 2010 Stock Incentive Plan (Coach Inc)

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Termination of Employment Prior to Vesting Date. Notwithstanding the foregoing subsection subsections (a), (b), (c) and (d), in the event of the Executive’s termination of employment prior to the Tranche 2 a Vesting Date, any unvested PRSUs shall be subject to forfeiture in accordance with Section 5 of this Agreement (and no PRSUs that are forfeited pursuant to Section 5 of this Agreement shall become vested pursuant to this Annex B).

Appears in 1 contract

Samples: Letter Agreement

Termination of Employment Prior to Vesting Date. Notwithstanding the foregoing subsection subsections (a) and (b), in the event of the Executive’s termination of employment prior to the Tranche 2 Vesting Date, any unvested or all Fiscal Year PRSUs and Performance Period PRSUs shall be subject to forfeiture in accordance with Section 5 of this the Agreement (and no PRSUs that are forfeited pursuant to Section 5 of this the Agreement shall become vested pursuant to this Annex B).

Appears in 1 contract

Samples: Notice and Agreement (Coach Inc)

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Termination of Employment Prior to Vesting Date. Notwithstanding the foregoing subsection subsections (a) and (b), in the event of the Executive’s termination of employment prior to the Tranche 2 Vesting Date, any unvested or all Fiscal Year PRSUs and Performance Period PRSUs shall be subject to forfeiture in accordance with Section 5 of this Agreement (and no PRSUs that are forfeited pursuant to Section 5 of this Agreement shall become vested pursuant to this Annex B).

Appears in 1 contract

Samples: Notice and Agreement (Coach Inc)

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