Termination of Service. Subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 8 contracts
Samples: Restricted Stock Unit Agreement (Community Healthcare Trust Inc), Restricted Stock Unit Agreement (Community Healthcare Trust Inc), Restricted Stock Unit Agreement (Net Lease Office Properties)
Termination of Service. Subject Except as may otherwise be determined by the Administrator, and subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (InvenTrust Properties Corp.), Restricted Stock Unit Agreement (InvenTrust Properties Corp.), Restricted Stock Unit Agreement (InvenTrust Properties Corp.)
Termination of Service. Subject to Section Sections 6(b) and 6(c) below, in the event of the Participant’s Termination of Service for any reason, any and all RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Lineage, Inc.), Restricted Stock Unit Agreement (Lineage, Inc.), Restricted Stock Unit Agreement (Xenia Hotels & Resorts, Inc.)
Termination of Service. Subject to Section Sections 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Unvested RSUs. No Subject to Section 6(b) below, no RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 3 contracts
Samples: Performance Based Restricted Stock Unit Agreement (Orion Office REIT Inc.), Restricted Stock Unit Agreement (Orion Office REIT Inc.), Restricted Stock Unit Agreement (Orion Office REIT Inc.)
Termination of Service. Subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in or with respect to such Unvested RSUs. No Except as set forth in Sections 6(b) below, no Unvested RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 3 contracts
Samples: Performance Based Restricted Stock Unit Agreement (Digital Realty Trust, L.P.), Performance Based Restricted Stock Unit Agreement (Digital Realty Trust, L.P.), Performance Based Restricted Stock Unit Agreement (Digital Realty Trust, L.P.)
Termination of Service. Subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Unvested RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Community Healthcare Trust Inc), Restricted Stock Unit Agreement (Community Healthcare Trust Inc), Performance Based Restricted Stock Unit Agreement (Claros Mortgage Trust, Inc.)
Termination of Service. Subject to Section 6(b5(c) below, in the event of that the Participant’s Participant experiences a Termination of Service for any reason, any and all of the RSUs that have are not vested Fully Vested as of the date of such Termination of Service termination (after taking into account consideration any accelerated vesting that occurs in connection may apply, if any) and any unpaid Dividend Equivalents associated with such termination) will RSUs shall each thereupon automatically and without further action be cancelled and forfeited by the Participant as of the date of termination without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Parkway Properties Inc)
Termination of Service. Subject to Section Sections 6(b) and 6(c) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Unvested RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Agreement (Xenia Hotels & Resorts, Inc.)
Termination of Service. Subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefortherefore, and the Participant shall have no further right to or interest in such Unvested RSUs. No RSUs which have not vested as of the date of the Participant’s In addition, upon a Termination of Service for Cause, then all of the RSUs (including any Vested RSUs) shall thereafter become vestedbe forfeited and terminated, and the Participant shall have no further right or interest in any such RSUs.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Monitronics International Inc)
Termination of Service. Subject to Section Sections 6(b) and (c) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Unvested RSUs. No Except as set forth in Sections 6(b) and (c) below, no RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (InvenTrust Properties Corp.)
Termination of Service. Subject to Section 6(b5(d) below, in the event of that the Participant’s Participant experiences a Termination of Service for any reason, any and all of the RSUs that have are not vested Fully Vested as of the date of such Termination of Service termination (after taking into account consideration any accelerated vesting that occurs in connection may apply, if any), and any unpaid Dividend Equivalents associated with such termination) will RSUs, shall each thereupon automatically and without further action be cancelled and forfeited by the Participant as of the date of termination without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Parkway Properties Inc)
Termination of Service. Subject to Section 6(b) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefortherefore, and the Participant shall have no further right to or interest in such Unvested RSUs. No RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Monitronics International Inc)
Termination of Service. Subject to Section Sections 6(b) and 6(c) below, in the event of the Participant’s Termination of Service for any reason, any and all Unvested RSUs that have not vested as of the date of such Termination of Service (after taking into account any accelerated vesting that occurs in connection with such termination) will automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Unvested RSUs. No Except to the extent provided in Sections 6(b) and 6(c) below, no RSUs which have not vested as of the date of the Participant’s Termination of Service shall thereafter become vested.
Appears in 1 contract