Vesting Upon Termination. In the event the Executive’s employment is terminated pursuant to this Section 6.4, the NSO shall become fully vested with no further vesting to occur. In the event that the Executive’s employment is terminated pursuant to Section 6.1 (Death), the Executive’s then unvested portion of the NSO shall become fully vested with no further vesting to occur. No other form of equity granted to the Executive (performance stock units, stock options, etc.) shall be vested, but shall be forfeited and cancelled.
Vesting Upon Termination. In the event Executive’s employment is terminated pursuant to this Section 6(d), Executive’s then unvested equity awards granted under the Company’s stock incentive plans after the Executive became an employee of the Company shall continue to vest for a period of six (6) months following the Termination Date, and, with respect to any options that are exercisable or become exercisable, such options shall remain exercisable for six (6) months following the Termination Date, subject to such longer period as may be provided by the Company’s 2004 Incentive Stock Plan. (iv)
Vesting Upon Termination. Upon the termination or partial termination of the Plan (within the meaning of section 41l (d) (3) of the Code) or the complete discontinuance of all contributions under the Plan, the rights of all affected employees to their Accounts as of the date of such termination or partial termination shall be nonforfeitable.
Vesting Upon Termination. In the event Executive’s employment is terminated pursuant to this Section 6(d), fifty percent (50%) of Executive’s then unvested equity awards granted under the Company’s stock incentive plans after the Executive became an employee of the Company shall become vested.
Vesting Upon Termination. In the event that any amendment to the Plan should permanently terminate a Participating Employer’s obligation to make contributions to the Trust Fund (notice of which shall be given to the Governing Board, to the Trustee, and to the Participants in writing) or otherwise terminate this Plan, the full value of the share in the Trust Fund of each respective Participant shall become vested in its entirety and non- forfeitable as of the date of the termination of the Participating Employer’s obligation or termination of the Plan.
Vesting Upon Termination. Notwithstanding the provisions of Section 3(a), the Participant will acquire a vested interest in, and the restrictions on voting and the right to receive dividends set forth in Section 1(b) and the restrictions on transfer set forth in Section 2 will lapse with respect to, a proportional number of the Restricted Shares (as determined below) in the event Participant declines, or fails to accept within ten (10) calendar days of the receipt of, a Qualifying Offer of Employment and is thereafter terminated by the Company with or without Cause or resigns with or without Good Reason. To determine the proportional number of Restricted Shares that will vest upon termination following rejection of Qualifying Offer of Employment, (A) the number of Restricted Shares granted hereunder will be multiplied by the quotient of (i) the number of days that have elapsed between January 1, 2017 and the date Participant ceases to be employed by the Company, divided by (ii) 365, less (B) any Restricted Shares that have previously vested pursuant to Section 3(c)(i) upon the closing of a Merger Transaction, if any. In the event less than all of the Restricted Shares vest in connection with the termination of Participant’s employment by the Company following receipt of a Qualifying Offer of Employment, all remaining unvested Restricted Shares shall be forfeited immediately and the certificate(s) represented the forfeited Restricted Shares will be cancelled.
Vesting Upon Termination. This provision shall not apply if the Executive is terminated by reason of death or Disability.
Vesting Upon Termination. Upon termination of employment (unrelated to a Change in Control) by the Employer without Cause, or due to the Participant's retirement, death or Disability, a pro- rata portion of the Market Share Units, if any, that would have become vested (but for such termination) under the schedules determined in Schedules “A” and “B” herein, determined based on the number of days Participant was employed during the Performance Period plus an additional twelve (12) months (or, if less than 12 months before the end of the Performance Period, through the end of the Performance Period), shall be paid at the end of the Performance Period; provided, however, that such continued vesting shall immediately cease and unvested Market Share Units shall be forfeited in the event the Participant breaches any post- termination covenant with the Company or its affiliate in an employment agreement (after taking into account any applicable cure period).
Vesting Upon Termination. (a) If, during any Vesting Period, the Company terminates Recipient’s employment with the Company with Cause pursuant to Section 15.b.1 of the Employment Agreement, then any Shares which have not vested at the date of termination in accordance with this Agreement shall be cancelled without any payment to the Recipient.
Vesting Upon Termination. Upon termination of the Executive's employment with the Company, the Options shall be exercisable (to the extent then vested) for a period of ninety (90) days after termination (twelve (12) months in the event the Executive's employment terminates by reason of the Executive's death or Disability); provided, however, that in the case of a termination described in Section 7(b), the Options shall continue to vest in accordance with that Section and shall remain exercisable for a period of ninety (90) days after the expiration of the Continuation Period (as defined in that Section), subject to the option term.
