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

Termination of Service for Other Reasons. In the event a Participant experiences a Termination of Service during the Performance Cycle by the Company for any reason other than those reasons set forth in Section 8, this entire Award shall be forfeited and no payment shall be made to the Participant under this Award Agreement.

Appears in 3 contracts

Samples: 2013 Performance Unit Award Agreement (Tandy Brands Accessories Inc), Award Agreement (Tandy Brands Accessories Inc), 2011 Performance Unit Award Agreement (Tandy Brands Accessories Inc)

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Termination of Service for Other Reasons. In the event a Participant experiences a Termination of Service during the Performance Cycle by the Company for any reason other than those reasons set forth in Section 8, this entire Award shall be forfeited forfeit and no payment shall be made to the Participant under this Award Agreement.

Appears in 2 contracts

Samples: Unit Award Agreement (Tandy Brands Accessories Inc), Unit Award Agreement (Tandy Brands Accessories Inc)

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Termination of Service for Other Reasons. In the event a Participant experiences a Termination of Service during the Performance Cycle by the Company for Cause or by the Participant for any reason other than those reasons set forth in Section 8, this entire Award shall be forfeited forfeit and no payment shall be made to the Participant under this Award Agreement.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Tandy Brands Accessories Inc)

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