Common use of Termination of Stock Units Clause in Contracts

Termination of Stock Units. Except as set forth in this Agreement, if the Participant ceases to be employed by, or provide service to, the Employer for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 11 contracts

Samples: Restricted Stock Unit Agreement (Savers Value Village, Inc.), Restricted Stock Unit Agreement (Savers Value Village, Inc.), Restricted Stock Unit Agreement (Savers Value Village, Inc.)

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Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide service to, the Employer for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 7 contracts

Samples: Grant Agreement (Replimune Group, Inc.), Restricted Stock Unit Agreement (enGene Holdings Inc.), Consulting Agreement (CarGurus, Inc.)

Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide service to, the Employer Company for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (23andMe Holding Co.), Restricted Stock Unit Agreement (23andMe Holding Co.)

Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, employment or provide service to, other association with the Employer Company and its Affiliates for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or serviceother association. No settlement or payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Rhythm Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Rhythm Pharmaceuticals, Inc.)

Termination of Stock Units. Except as set forth in this Agreement, if the Participant ceases to be employed by, or provide service to, to the Employer Company for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Allegro Microsystems Inc), Restricted Stock Unit Agreement (Covetrus, Inc.)

Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide service to, to the Employer Company for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (23andMe Holding Co.), Restricted Stock Unit Agreement (23andMe Holding Co.)

Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide approved service to, the Employer for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.. DB1/ 119264074.2

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Replimune Group, Inc.)

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Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide service to, by the Employer for any reason other than as described in Section 3(c) above, or Section 6 in the event of a Change of Control, before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or serviceemployment. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Sei Investments Co)

Termination of Stock Units. Except as set forth in this Agreement, if If the Participant ceases to be employed by, or provide service to, the Employer Company and its Affiliates for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No settlement or payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Leap Therapeutics, Inc.)

Termination of Stock Units. Except as set forth in this Agreementherein, if the Participant ceases to be employed by, or provide service to, the Employer Company for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 4.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Innodata Inc)

Termination of Stock Units. Except as set forth in this Agreement, if the Participant ceases to be employed by, or provide service to, the Employer Company or a subsidiary for any reason before all of the Stock Units vest, any unvested Stock Units shall automatically terminate and shall be forfeited as of the date of the Participant’s termination of employment or service. No payment shall be made with respect to any unvested Stock Units that terminate as described in this Section 46.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Allegro Microsystems, Inc.)

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