Value of Unvested SUAs. In consideration of the award of these SUAs, Awardee agrees that upon and following termination of Awardee’s Continuous Status as an employee for any reason (whether or not in breach of applicable laws), and regardless of whether Awardee is terminated with or without cause, notice, or pre-termination procedure or whether Awardee asserts or prevails on a claim that Awardee’s employment was terminable only for cause or only with notice or pre-termination procedure, any unvested SUAs under this Award Agreement shall be deemed to have a value of zero dollars ($0.00).
Appears in 34 contracts
Samples: Stock Unit Award Agreement (Ufp Technologies Inc), Stock Unit Award Agreement (Ufp Technologies Inc), Stock Unit Award Agreement (Ufp Technologies Inc)
Value of Unvested SUAs. In consideration of the award of these SUAs, Awardee agrees that upon and following termination of Awardee’s Continuous Status as an employee a Participant for any reason (whether or not in breach of applicable laws), and regardless of whether Awardee is terminated with or without cause, notice, or pre-termination procedure or whether Awardee asserts or prevails on a claim that Awardee’s employment was terminable only for cause or only with notice or pre-termination procedure, any unvested SUAs under this Award Agreement shall be deemed to have a value of zero dollars ($0.00).
Appears in 4 contracts
Samples: Stock Unit Award Agreement (Psychemedics Corp), Stock Unit Award Agreement (Psychemedics Corp), Stock Unit Award Agreement (Psychemedics Corp)