Common use of Termination of Service; Change in Control Clause in Contracts

Termination of Service; Change in Control. 4.1 The vesting schedule above notwithstanding, if the Participant’s service terminates for any reason at any time before all of the Restricted Stock Units have vested, the Participant’s unvested Restricted Stock Units shall be automatically forfeited upon such termination of service and neither the Company nor any Affiliate shall have any further obligations to the Participant under this Agreement.

Appears in 5 contracts

Samples: Form of Restricted Stock Unit Agreement for Non Employee Directors (Target Hospitality Corp.), Restricted Stock Unit Agreement (Target Hospitality Corp.), Restricted Stock Unit Agreement (Target Hospitality Corp.)

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Termination of Service; Change in Control. 4.1 The 4.1The vesting schedule above notwithstanding, if the Participant’s service terminates for any reason at any time before all of the Restricted Stock Units have vested, the Participant’s unvested Restricted Stock Units shall be automatically forfeited upon such termination of service and neither the Company nor any Affiliate shall have any further obligations to the Participant under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement for Non (Target Hospitality Corp.)

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