Termination other than due to Retirement, Death or Disability. If the Holder’s employment with the Company terminates prior to the end of the Performance Period and prior to a Change in Control by reason of (i) the Company’s termination of the Holder’s employment for any reason other than death or Disability or (ii) the Holder’s resignation for any reason other than Retirement, then the Award shall be immediately forfeited by the Holder and cancelled by the Company.
Appears in 5 contracts
Samples: Performance Share Unit Award Agreement (CDW Corp), Performance Share Unit Award Agreement (CDW Corp), Performance Share Unit Award Agreement (CDW Corp)
Termination other than due to Retirement, Death or Disability. If the Holder’s employment with the Company terminates prior to the end of the Performance Period and prior to a Change in Control by reason of (i) the Company’s termination of the Holder’s employment for any reason other than death or Disability or (ii) the Holder’s resignation for any reason other than Retirement, then the Award shall be immediately forfeited by the Holder and cancelled by the Company. The shares of Stock subject to the Award shall be forfeited and transferred to the Company (or its assignee or nominee).
Appears in 2 contracts
Samples: Performance Share Award Agreement (CDW Corp), Performance Share Award Agreement (CDW Corp)
Termination other than due to Retirement, Death or Disability. If Except as provided for in Section 3.3(b), if the Holder’s employment with the Company terminates prior to the end of the Performance Period and prior to a Change in Control Vesting Date by reason of (i) the Company’s termination of the Holder’s employment for any reason other than death or Disability or (ii) the Holder’s resignation for any reason other than Retirement, then the Award shall be immediately forfeited by the Holder and cancelled by the Company.
Appears in 2 contracts
Samples: Performance Share Unit Award Agreement (Mativ Holdings, Inc.), Performance Share Unit Award Agreement (Mativ Holdings, Inc.)
Termination other than due to Retirement, Death or Disability. If the Holder’s employment with the Company and/or a Subsidiary terminates prior to the end of the Performance Period and prior to a Change in Control by reason of (i) the Company’s termination of the Holder’s employment for any reason other than death or Disability or (ii) the Holder’s resignation for any reason other than Retirement, then the Award shall be immediately and automatically forfeited by the Holder and cancelled by the Company.
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