Common use of Unvested RSUs Forfeited if Your Employment Terminates Clause in Contracts

Unvested RSUs Forfeited if Your Employment Terminates. If your Employment terminates for any reason or you are otherwise no longer actively Employed with the Firm (which includes off-premises notice periods, “garden leaves,” pay in lieu of notice or any other similar status), your rights to your Outstanding RSUs that are not Vested will terminate, and no RSU Shares will be delivered in respect of such RSUs.

Appears in 12 contracts

Samples: Award Agreement (Goldman Sachs Group Inc), Rsu Award Agreement (Goldman Sachs Group Inc), Award Agreement (Goldman Sachs Group Inc)

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Unvested RSUs Forfeited if Your Employment Terminates. If your Employment terminates for any reason or you are otherwise no longer actively Employed employed with the Firm (which includes off-premises notice periods, “garden leaves,” pay in lieu of notice or any other similar status), your rights to your Outstanding RSUs that are not Vested will terminate, and no RSU Shares will be delivered in respect of such RSUs.

Appears in 12 contracts

Samples: Year End Rsu Award Agreement (Goldman Sachs Group Inc), Rsu Award Agreement (Goldman Sachs Group Inc), One Time Rsu Award Agreement (Goldman Sachs Group Inc)

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