Termination of Service; Forfeiture Sample Clauses

Termination of Service; Forfeiture. Notwithstanding any other provision of this Agreement:
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Termination of Service; Forfeiture. Upon the termination of your service on the Board for any reason, any Restricted Stock Units that do not or have not vested in accordance with Paragraph 3 and the Notice of Restricted Stock Unit Award shall immediately be forfeited. Upon forfeiture, you shall have no further rights with respect to such Restricted Stock Units and related Dividend Equivalent Amounts.
Termination of Service; Forfeiture. Any unvested Restricted Stock Units subject to this Award will be canceled and forfeited if Grantee terminates as a Service Provider, or if Grantee’s status as a Service Provider is terminated by the Company, for any reason before the Vesting Date; provided, however, if Grantee ceases to be a Service Provider prior to the Vesting Date as a result of Grantee’s death, Disability or Retirement, Grantee shall fully vest in the Restricted Stock Units subject to this Award as of the date on which Grantee ceases to be a Service Provider due to Grantee’s death, Disability or Retirement.
Termination of Service; Forfeiture. (a) Upon termination of the Grantee's service as a Nonemployee Director with the Company as a result of the death of the Grantee, the restrictions on all shares of Restricted Stock shall immediately lapse and such shares shall vest in the Grantee or, as applicable, the Grantee's legal representative, beneficiary or heir.
Termination of Service; Forfeiture. Upon the termination of the Participant’s Service for any reason at any time or if the Participant breaches a Restrictive Covenant, any and all of the unvested Restricted Stock Units shall be forfeited without consideration therefor. Notwithstanding anything herein to the contrary, in the event that (a) the Participant’s Service is terminated for Cause; (b) the Participant resigns at a time when the Participant’s acts or omissions constitute grounds to terminate the Participant’s Service for Cause without regard to any applicable cure rights or notice periods; or (c) the Participant breaches a Restrictive Covenant, the vested Restricted Stock Units also shall be forfeited without consideration therefor.
Termination of Service; Forfeiture a. The Restricted Stock Units, to the extent not then vested or forfeited, shall accelerate and become fully vested if the Participant’s Service is terminated due to her death.
Termination of Service; Forfeiture a. In the event that the Participant’s Service is terminated (A) by the Company without Cause or by the Participant with Good Reason or (B) due to death or Permanent Disability, the portion of the Option that would otherwise have vested between the date of termination and the twelve month anniversary of the date of termination will accelerate and fully vest on the date of termination.
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Termination of Service; Forfeiture. (a) Consistent with Section 3.06(a)(ii) of the LLC Agreement, upon termination of the Grantee’s Service for any reason, including death or disability, all unvested Units shall be immediately and automatically cancelled and forfeited for no consideration; provided, that, upon the written recommendation of the Company’s chief executive officer (or, in the case of a conflict of interest, by the Committee), unvested Performance Units shall remain outstanding and eligible to vest in accordance with the terms of Section 3(b) of this Agreement for one year following termination of Grantee’s Service by the Employer (as defined in the LLC Agreement) without Cause or by the Grantee with Good Reason, subject, in all cases, to the Grantee’s continued compliance with the provisions of Section 5 of this Agreement or any other applicable restrictive covenants.
Termination of Service; Forfeiture. Upon the termination of your continued employment or service for any reason, any Restricted Stock Units that have not vested or are not eligible to vest in the future in accordance with Section 3 and the Award Agreement (after taking into account the “Other Agreements” section of the Award Agreement) shall immediately be forfeited. Upon forfeiture, you shall have no further rights with respect to such Restricted Stock Units.
Termination of Service; Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested RSUs that are not vested or that do not become vested upon the Participant’s Termination of Service (whether pursuant to the terms hereof or any severance plan or other plan, agreement or arrangement that applies to the Participant) shall be immediately forfeited upon the Participant’s Termination of Service.
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