Common use of Termination of Service for Other Reasons Clause in Contracts

Termination of Service for Other Reasons. Unless otherwise stated herein, in the event the Participant’s service with the Company terminates for any reason before one hundred percent (100%) vesting pursuant to Paragraph 3, all of the unvested Restricted Stock Units the Participant holds at the time the Participant’s service terminates shall be forfeited to the Company.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Neenah Inc), Restricted Stock Unit Award Agreement (Neenah Inc), Restricted Stock Unit Award Agreement (Neenah Inc)

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Termination of Service for Other Reasons. Unless otherwise stated herein, in the event the Participant’s service with the Company terminates for any reason before one hundred percent (100%) vesting pursuant to Paragraph 3, all of the unvested Restricted Stock Units the Participant holds at the time the Participant’s service terminates shall be forfeited to the Company.. Code: XXXX 1

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Neenah Inc)

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