Units and Performance Units. Subject to the provisions of the Plan and this Agreement, except to the extent otherwise specifically provided under the terms of any Award notice with respect to Units or Performance Units (as the case may be): (i) in the event the provision of Services by the Participant terminates for any reason (other than by reason of death or “Disability” (as defined below)), all unvested Units and Performance Units shall be immediately forfeited; or (ii) in the event the provision of Services by the Participant terminates by reason of death or Disability, all unvested Units or Performance Units shall fully vest and become non-forfeitable as of the date of death or the date of such termination, as the case may be, and, in all other respects, all such Units or Performance Units shall be governed by the plans and programs and the agreements and other documents pursuant to which such Units or Performance Units were granted.
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Samples: Incentive Compensation Agreement (Light & Wonder, Inc.), Terms and Conditions of Equity Awards to Non Employee Directors (Light & Wonder, Inc.), Equity Award Agreement (SciPlay Corp)
Units and Performance Units. Subject to the provisions of the Plan and this Agreement, except to the extent otherwise specifically provided under the terms of any Award notice with respect to Units or Performance Units (as the case may be):
(i) in the event the provision Employment of Services by the Participant terminates for any reason (other than by reason of death or “Disability” Disability (as defined below)), all unvested Units and Performance Units shall be immediately forfeited; or
(ii) in the event the provision Employment of Services by the Participant terminates by reason of death or Disability, all unvested Units or Performance Units shall fully vest and become non-forfeitable as of the date of death or the date of such termination, as the case may be, and, in all other respects, all such Units or Performance Units shall be governed by the plans and programs and the agreements and other documents pursuant to which such Units or Performance Units were granted.
Appears in 4 contracts
Samples: Incentive Compensation Agreement (Light & Wonder, Inc.), Long Term Incentive Plan Agreement (SciPlay Corp), Incentive Compensation Agreement (Scientific Games Corp)
Units and Performance Units. Subject to the provisions of the Plan and this Agreement, except to the extent otherwise specifically provided under the terms of any Award notice with respect to Units or Performance Units (as the case may be):
(i) in the event the provision of Services by the Participant terminates for any reason (other than by reason of death or “Disability” (as defined below)), all unvested Units and Performance Units shall be immediately forfeited; forfeited; or
(ii) in the event the provision of Services by the Participant terminates by reason of death or Disability, all unvested Units or Performance Units shall fully vest and become non-forfeitable as of the date of death or the date of such termination, as the case may be, and, in all other respects, all such Units or Performance Units shall be governed by the plans and programs and the agreements and other documents pursuant to which such Units or Performance Units were granted.
Appears in 2 contracts
Samples: Incentive Compensation Agreement, Incentive Compensation Agreement
Units and Performance Units. Subject to the provisions of the Plan and this Agreement, except to the extent otherwise specifically provided under the terms of any Award notice with respect to Units or Performance Units (as the case may be):
(i) in the event the provision Employment of Services by the Participant terminates for any reason (other than by reason of death or “Disability” Disability (as defined below)), all unvested Units and Performance Units shall be immediately forfeited; or
(ii) in the event the provision Employment of Services by the Participant terminates by reason of death or Disability, all unvested Units or Performance Units shall fully vest and become non-forfeitable as of the date of death or the date of such termination, as the case may be, and, in all other respects, all such Units or Performance Units shall be governed by b the plans and programs and the agreements and other documents pursuant to which such Units or Performance Units were granted.
Appears in 2 contracts
Samples: Incentive Compensation Agreement (Scientific Games Corp), Incentive Compensation Agreement (Scientific Games Corp)
Units and Performance Units. Subject to the provisions of the Plan and this Agreement, except to the extent otherwise specifically provided under the terms of any Award notice with respect to grant or award of Units or Performance Units (as the case may be):
(i) in the event the provision of Services services by the Participant terminates for any reason (other than by reason of death or “"Disability” " (as defined below)), all unvested Units and Performance Units shall be immediately forfeited; or
(ii) in the event the provision of Services services by the Participant terminates by reason of death or Disability, all unvested Units or Performance Units shall fully vest and become non-forfeitable as of the date of death or the date of such termination, as the case may be, and, in all other respects, all such Units or Performance Units awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such Units or Performance Units awards were granted.
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