Common use of Termination of Stock Units Clause in Contracts

Termination of Stock Units. To the extent that any Stock Units fail to vest as of the Vesting Date (or, if applicable, the Early Vesting Date), or if the Award has terminated pursuant to Section 7, such unvested Stock Units shall immediately terminate without payment. Executive shall have no further rights with respect to such terminated Stock Units.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Directv Group Inc), Performance Stock Unit Award Agreement (Directv Group Inc)

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Termination of Stock Units. To the extent that any Stock Units fail to vest as of the Vesting Date (or, if applicable, the Early Vesting Date), or if the Award has terminated pursuant to Section 7, such unvested Stock Units shall immediately terminate without payment. Executive shall have no further rights with respect to such terminated Stock Units.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Directv), Performance Stock Unit Award Agreement (Directv Group Inc)

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