Common use of Termination of RSUs Clause in Contracts

Termination of RSUs. Upon the Participant’s Termination of Service for any reason, all then-unvested RSUs issued to the Participant pursuant to this Agreement (after taking into account any vesting that may occur in connection with such Termination of Service, if any) shall immediately terminate and be cancelled and forfeited.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (O-I Glass, Inc. /DE/), Restricted Stock Unit Agreement (O-I Glass, Inc. /DE/), Restricted Stock Unit Agreement (O-I Glass, Inc. /DE/)

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Termination of RSUs. Upon the Participant’s Termination termination as an Employee, Consultant or member of Service for any reasonthe Board, as applicable, all then-unvested RSUs issued to the Participant pursuant to this Agreement that have not vested as of such termination (after taking into account consideration any vesting that may occur in connection with such Termination of Service, if anytermination as provided in the Grant Notice) shall immediately terminate automatically be forfeited and be cancelled and forfeitedcanceled without payment of consideration therefor.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Kilroy Realty, L.P.), Restricted Stock Unit Agreement (Kilroy Realty, L.P.), Restricted Stock Unit Agreement (Kilroy Realty, L.P.)

Termination of RSUs. Upon the Participant’s Termination of Service for any reasonUntil vested pursuant to Section 3.1 or 3.2, all then-unvested RSUs issued to the Participant pursuant to this Agreement (after taking into account any vesting that may occur in connection with such shall terminate immediately upon the Participant’s Termination of ServiceEmployment. For the avoidance of doubt, if any) the Participant experiences a Termination of Employment prior to a Vesting Date for any reason not described in Section 3.1 or 3.2(b), all RSUs issued to the Participant pursuant to this Agreement shall immediately terminate and be cancelled and forfeitedterminate.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Owens-Illinois Group Inc), Restricted Stock Unit Agreement (Owens Illinois Inc /De/)

Termination of RSUs. Upon the ParticipantDirector’s Termination of Service for any reason, all then-unvested RSUs issued to the Participant Director pursuant to this Agreement (after taking into account any vesting that may occur in connection with such Termination of Service, if any) shall immediately terminate and be cancelled and forfeited.

Appears in 2 contracts

Samples: Director Restricted Stock Unit Agreement (O-I Glass, Inc. /DE/), Director Restricted Stock Unit Agreement (O-I Glass, Inc. /DE/)

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Termination of RSUs. Upon In the event of the Participant’s 's Termination of Service for any reasonService, all then-unvested RSUs issued that have not vested prior to the Participant pursuant to this Agreement (after taking into account any vesting that may occur or in connection with such Termination of Service, if any) Service shall be immediately terminate and be cancelled and forfeitedforfeited by the Participant as of such Termination of Service without consideration therefor.

Appears in 1 contract

Samples: Employment Agreement (Spectranetics Corp)

Termination of RSUs. Upon the Participant’s Termination 's termination as an Employee, Consultant or member of Service for any reasonthe Board, as applicable, all then-unvested RSUs issued to the Participant pursuant to this Agreement that have not vested as of such termination (after taking into account consideration any vesting that may occur in connection with such Termination of Service, if anytermination (it being understood that no accelerated vesting shall apply in connection with any termination occurring prior to ______________)) shall immediately terminate automatically be forfeited and be cancelled and forfeitedcanceled without payment of consideration therefor.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Kilroy Realty, L.P.)

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