Common use of Termination of Stock Units Clause in Contracts

Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock Units, without payment of any consideration by the Corporation or any Subsidiary, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s beneficiary, as the case may be.

Appears in 22 contracts

Samples: Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), Performance Stock Unit Award Agreement (International Rectifier Corp /De/)

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Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock UnitsUnits shall, without payment of any consideration by the Corporation or any Subsidiary, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s beneficiary, as the case may be.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc), Restricted Stock Unit Award Agreement (Uap Holding Corp), Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)

Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock Units, without payment of any consideration by the Corporation or any SubsidiaryCompany, shall automatically terminate and the related Stock Unit Account shall be cancelled cancelled, without any other action by the Participant, or the Participant’s beneficiaryBeneficiary or Personal Representative, as the case may be.

Appears in 6 contracts

Samples: Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co)

Termination of Stock Units. If any unvested Stock Units are extinguished hereunderterminated pursuant to Section 8(b), such unvested, extinguished Stock Units, Units shall automatically terminate and be cancelled as of the Severance Date without payment of any consideration by the Corporation or any Subsidiary, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s beneficiarybeneficiary or personal representative, as the case may be.

Appears in 3 contracts

Samples: Retentive Restricted Stock Unit Agreement (Healthpeak Properties, Inc.), Retentive Ltip Rsu Agreement (Hcp, Inc.), Retentive Ltip Rsu Agreement (Hcp, Inc.)

Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock Units, without payment of any consideration by the Corporation or any SubsidiaryCorporation, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s beneficiary, as the case may be.

Appears in 3 contracts

Samples: Non Employee Director Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), Non Employee Director Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), Non Employee Director Restricted Stock Unit Award Agreement (International Rectifier Corp /De/)

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Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock Units, without payment of any consideration by the Corporation or any Subsidiary, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s 's beneficiary, as the case may be.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), Restricted Stock Unit Award Agreement (International Rectifier Corp /De/)

Termination of Stock Units. If any Stock Units are extinguished hereunder, such unvested, extinguished Stock UnitsUnits shall, without payment of any consideration by the Corporation or any Subsidiary, shall automatically terminate and be cancelled without any other action by the Participant, or the Participant’s 's beneficiary, as the case may be.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)

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