Treatment. In the event of the Employee’s Termination of Employment by the Employer for Cause, all unvested Class B Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 9 contracts
Samples: Class B Restricted Share Agreement, Class B Restricted Share Agreement, Class B Restricted Share Agreement
Treatment. In the event of the Employee’s a Termination of Employment by the Employer Employee other than for CauseGood Reason or due to death or Permanent Disability, all unvested Class B Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 5 contracts
Samples: Class B Restricted Share Agreement, Class B Restricted Share Agreement, Restricted Share Agreement (Intelsat LTD)
Treatment. In the event of the Employee’s Termination of Employment by reason of the Employer for CauseEmployee’s death or Disability, all unvested Class B Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 4 contracts
Samples: Class B Restricted Share Agreement, Restricted Share Agreement (Intelsat LTD), Class B Restricted Share Agreement (Intelsat LTD)
Treatment. In the event of the Employee’s a Termination of Employment by the Employer for CauseEmployee other than due to death or Disability, all unvested Class B Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 4 contracts
Samples: Class B Restricted Share Agreement, Restricted Share Agreement (Intelsat LTD), Class B Restricted Share Agreement (Intelsat LTD)
Treatment. In the event of the Employee’s a Termination of Employment by the Employer Employee for Causeany reason other than due to death or Disability, all unvested Class B A Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B A Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 4 contracts
Samples: Class a Restricted Share Agreement, Class a Restricted Share Agreement (Intelsat LTD), Class a Restricted Share Agreement (Intelsat LTD)
Treatment. In the event of the Employee’s a Termination of Employment by the Employer Employee other than for CauseGood Reason or due to death or Permanent Disability, all unvested Class B A Restricted Shares (and the related Custodial Dividends paid, if any, with respect to such Class B A Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 2 contracts
Samples: Class a Restricted Share Agreement (Intelsat LTD), Restricted Share Agreement (Intelsat LTD)
Treatment. In the event of the Employee’s a Termination of Employment by the Employer for without Cause, all unvested Class B Restricted Shares (and the related cash dividends and proceeds thereof held by the Company in accordance with Section 8 hereof (“Custodial Dividends paidDividends”), if any, with respect to such Class B Shares which have not vested at the time of the dividend payment) shall be immediately forfeited.
Appears in 1 contract
