Treatment on Termination. (a) Subject to clauses (b) – (d) below, if the Participant incurs a Termination prior to the Regular Vesting Date (as defined on Exhibit A), (i) the Participant’s Performance Share Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Units to the Company for no consideration as of the Termination Date.
Appears in 5 contracts
Samples: Performance Share Unit Agreement (Catalent, Inc.), Performance Share Unit Agreement (Catalent, Inc.), Performance Share Unit Agreement (Catalent, Inc.)
Treatment on Termination. (a) Subject to clauses (b) – - (d) below, if the Participant incurs a Termination prior to the Regular Vesting Date (as defined on Exhibit A), (i) the Participant’s Performance Share Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Units to the Company for no consideration as of the Termination Date.
Appears in 5 contracts
Samples: Performance Share Unit Agreement (Catalent, Inc.), Performance Share Unit Agreement (Catalent, Inc.), Performance Share Unit Agreement (Catalent, Inc.)
Treatment on Termination. (a) Subject to clauses (b) – (d) below, if the Participant incurs a Termination prior to the Regular Vesting Date (as defined on Exhibit A)Date, (i) the Participant’s Performance Share Restricted Stock Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Restricted Stock Units to the Company for no consideration as of the Termination Date.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Catalent, Inc.), Restricted Stock Unit Agreement (Catalent, Inc.), Restricted Stock Unit Agreement (Catalent, Inc.)
Treatment on Termination. (a) a. Subject to clauses (b) – (d) below, if the Participant incurs a Termination prior to the Regular Vesting Date (as defined on Exhibit A), (i) the Participant’s Performance Share Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Units to the Company for no consideration as of the Termination Date.
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Treatment on Termination. (ah) Subject to clauses (b) – - (d) below, if the Participant incurs a Termination prior to the Regular Vesting Date (as defined on Exhibit A), (i) the Participant’s Performance Share Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Units to the Company for no consideration as of the Termination Date.
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Treatment on Termination. (a) Subject to clauses (b) – - (d) below, if in the Participant incurs event of a Termination prior to the Regular Vesting Date (as defined on Exhibit A), (i) all vesting with respect to the Participant’s Performance Share Units shall cease vesting and (ii) the Participant shall forfeit all unvested Performance Share Units shall be forfeited to the Company by the Participant for no consideration as of the Termination Date.
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