Examples of Good Leaver Termination in a sentence
Any unvested RSUs that do not vest pursuant to the foregoing sentence shall be forfeited immediately and automatically to the Company, without the payment of any consideration to the Participant, effective upon the Good Leaver Termination.
Modeling the impact of HIV on the spread of tuberculosis in the United States.
In the event of a Good Leaver Termination, each unvested Tranche C option will remain eligible to vest subject to the satisfaction of the Tranche C performance targets (without regard to the continued service requirement) until the first anniversary of the date of termination of employment and all unvested Tranche C options shall be forfeited at that time.
The vesting conditions relating to the Performance Rights are as follows:(a) Each Tranche 1 Performance Right will vest upon the first to occur of: (i) the Company obtaining a credit approved term sheet and committed equity to fund the construction and commissioning of the Company’s Goulamina project, including working capital and cost overruns; (ii) a Change of Control Event; and (iii) a Good Leaver Termination Event.
However, if necessary, these could be reduced to maintain a balance budget in future years.• In FY 2019-20, £600 has been budgeted for LPC’s possible share of the cost of the 4 yearly election for Parish Councillors.