Common use of Termination of Status Clause in Contracts

Termination of Status. The Administrator will determine how a Participant’s Disability, death, retirement or authorized leave of absence or any other change or purported change in a Participant’s Service Provider status affects an Award (including whether and when a Termination of Service has occurred) and the extent to which, and the period during which the Participant, the Participant’s legal representative, conservator, guardian or Designated Beneficiary may exercise rights under the Award, if applicable.

Appears in 1 contract

Samples: Merger Agreement (DFP Healthcare Acquisitions Corp.)

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Termination of Status. The Administrator will determine how a Participant’s Disabilitythe disability, death, retirement or authorized leave of absence or any other change or purported change in a Participant’s Service Provider status affects an Award (including whether and when a Termination of Service has occurred) and the extent to which, and the period during which the Participant, the Participant’s legal representative, conservator, guardian or Designated Beneficiary may exercise rights under the Award, if applicable.

Appears in 1 contract

Samples: Merger Agreement (FAST Acquisition Corp.)

Termination of Status. The Administrator will determine how a Participant’s Disabilitythe disability, death, retirement or retirement, an authorized leave of absence or any other change or purported change in a Participant’s Service Provider status affects an Award (including whether and when a Termination of Service has occurred) and the extent to which, and the period during which which, the Participant, the Participant’s legal representative, conservator, guardian or Designated Beneficiary may exercise rights under the Award, if applicable.

Appears in 1 contract

Samples: Merger Agreement (Locust Walk Acquisition Corp.)

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Termination of Status. The Administrator will determine how a Participant’s Disability, death, retirement or an authorized leave of absence or any other change or purported change in a Participant’s Service Provider status affects an Award (including whether and when a Termination of Service has occurred) and the extent to which, and the period during which which, the Participant, the Participant’s legal representative, conservator, guardian or Designated Beneficiary may exercise rights under the Award, if applicable.

Appears in 1 contract

Samples: Business Combination Agreement (L&F Acquisition Corp.)

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