Examples of Separation in a sentence
Notwithstanding anything to the contrary herein, if the Participant experiences a Separation from Service for Cause, then this Award (and all Stock subject thereto, whether vested or unvested, settled or unsettled) will be immediately and irrevocably forfeited in its entirety.
If the Participant incurs a Separation from Service due to the Participant’s death or Disability, then all unvested RSUs will become fully vested as of the date of the Separation from Service.
Except as set forth in Sections 3(b) - 3(f) below, if, prior to a Vesting Date, the Participant has a Separation from Service with the Company or any Subsidiary for any reason, then any unvested RSUs will be immediately and irrevocably forfeited.
Notwithstanding the payment dates set forth in this Section 4.5, the Regular Severance Benefits must be paid no later than two and one-half (2.5) months following Your Separation from Service.
If the severance benefits are not covered by one or more exemptions from the application of Section 409A and the Release Deadline occurs in the calendar year following the calendar year of your Separation from Service, the Separation Agreement will not be deemed effective any earlier than the Release Deadline for purposes of determining the timing of provision of any severance benefits.