Termination of RSUs. Until vested pursuant to Section 3.1, all RSUs issued to the Employee pursuant to this Agreement shall terminate immediately upon a Termination of Employment. For the avoidance of doubt, if the Employee experiences a Termination of Employment prior to a Vesting Date for any reason not described in Section 3.1, all RSUs issued to the Employee pursuant to this Agreement shall immediately terminate.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Owens Illinois Inc /De/), Restricted Stock Unit Agreement (Owens Illinois Inc /De/)
Termination of RSUs. Until vested pursuant to Section 3.13.1 or 3.2, all RSUs issued to the Employee Participant pursuant to this Agreement shall terminate immediately upon a the Participant’s Termination of Employment. For the avoidance of doubt, if the Employee Participant experiences a Termination of Employment prior to a Vesting Date vesting date for any reason not described in Section 3.13.1 or 3.2(b), all RSUs issued to the Employee Participant pursuant to this Agreement shall immediately terminate.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Owens Illinois Inc /De/)
Termination of RSUs. Until vested pursuant to Section 3.13.1 or 3.2, all RSUs issued to the Employee Participant pursuant to this Agreement shall terminate immediately upon a the Participant’s Termination of EmploymentService. For the avoidance of doubt, if the Employee Participant experiences a Termination of Employment Service prior to a Vesting Date for any reason not described in Section 3.13.1 or 3.2(b), all RSUs issued to the Employee Participant pursuant to this Agreement shall immediately terminate.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Owens Illinois Inc /De/)