Common use of Termination or Suspension of Employment or Service Clause in Contracts

Termination or Suspension of Employment or Service. (a) In the event Awardee voluntarily terminates his/her employment with Micro or an Affiliate, Awardee’s unvested Restricted Stock Unit Award will be cancelled (forfeited) on such termination date.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc)

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Termination or Suspension of Employment or Service. (a) In the event Awardee voluntarily terminates his/her employment with Micro or an Affiliate, Awardee’s unvested Restricted Stock Unit Award will be cancelled (forfeited) on such termination date.

Appears in 1 contract

Samples: 2003 Equity Incentive Plan Restricted Stock Award Agreement (Ingram Micro Inc)

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