Termination of Service Generally. Subject to Section 1.1(c), the PSU Award, all of the Company’s obligations and the Participant’s rights under this Agreement, shall terminate on the earlier of the date on which the Participant’s Termination of Service occurs or the date when all applicable shares of Common Stock that are subject to the PSU Award have been issued and/or delivered, or forfeited in the case of any portion of the PSU Award that fails to vest.
Appears in 2 contracts
Samples: Performance Stock Unit Award Agreement (Nextracker Inc.), Performance Stock Unit Award Agreement (Nextracker Inc.)
Termination of Service Generally. Subject to Section 1.1(c), the PSU RSU Award, all of the Company’s obligations and the Participant’s rights under this Agreement, shall terminate on the earlier of the date on which the Participant’s Termination of Service occurs or the date when all applicable shares of Common Stock that are subject to the PSU RSU Award have been issued and/or delivered, or forfeited in the case of any portion of the PSU RSU Award that fails to vest.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Nextracker Inc.)
