Common use of Forfeiture upon Termination of Status as a Service Provider Clause in Contracts

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 69 contracts

Samples: Global Restricted Stock Unit Agreement (Nutanix, Inc.), Global Restricted Stock Unit Agreement (Nutanix, Inc.), Restricted Stock Unit Agreement (Inogen Inc)

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Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Intevac Inc), Restricted Stock Unit Agreement (Intevac Inc), Restricted Stock Unit Agreement (Intevac Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time notice is provided (whether by Participant or the Company or Parent or Subsidiary) of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares and/or cash hereunder will immediately terminate.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Shutterstock, Inc.), Restricted Stock Unit Award Agreement (Shutterstock, Inc.), Restricted Stock Unit Award Agreement for Canadian Employees (Shutterstock, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units Performance Shares that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 6 contracts

Samples: Performance Stock Unit Award Agreement (Cutera Inc), Performance Stock Unit Agreement (Cutera Inc), Performance Share Award Agreement (Mindspeed Technologies, Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of Except as may be explicitly stated otherwise in this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminateterminate immediately.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.), Restricted Stock Unit Award Agreement (Telenav, Inc.), Restricted Stock Unit Award Agreement (Telenav, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminatebe forfeited and terminated.

Appears in 4 contracts

Samples: Inducement Stock Option Agreement, Inducement Stock Option Agreement, Inducement Option Agreement

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, upon the termination of Participant’s Continuous Service for any or no reason, the balance of the Restricted Stock Units (including any corresponding Dividend Equivalent Rights) that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason such time, and Participant’s right to acquire any Shares hereunder hereunder, will immediately terminateterminate in their entirety.

Appears in 4 contracts

Samples: Award Agreement (Procera Networks, Inc.), Award Agreement (Procera Networks, Inc.), Award Agreement (Procera Networks, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of the Participant’s termination as a Service Provider for any or no reason and the Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Jasper Therapeutics, Inc.), Restricted Stock Unit Agreement (Organovo Holdings, Inc.), Restricted Stock Unit Agreement (CareDx, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this the Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider Provider, for any or no reason reason, will be immediately forfeited, and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (A10 Networks, Inc.), Restricted Stock Unit Agreement (A10 Networks, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason will be forfeited and automatically transferred to and reacquired by the Company at no cost to the Company and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Digirad Corporation (Digirad Corp), Restricted Stock Unit Agreement (Nanometrics Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this the Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of the termination of Participant’s termination status as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will terminate immediately terminatein accordance with the provisions set forth in the Notice of Grant.

Appears in 2 contracts

Samples: Equity Incentive (Cyan Inc), Equity Incentive (Cyan Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time notice is provided (whether by Participant or the Company or Parent or Subsidiary) of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Performance Incentive Plan (Thestreet, Inc.), Restricted Stock Unit Award Agreement (Thestreet, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this the Award Agreement, the balance of the these Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider Provider, for any or no reason reason, will be immediately forfeited, and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Apptio Inc), Restricted Stock Unit Agreement (Apptio Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, except to the extent provided in the Notice of Grant, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Plan Restricted Stock Unit Agreement (Flexsteel Industries Inc), Restricted Stock Unit Agreement (NanoString Technologies Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate. The date of Participant’s termination as a Service Provider is detailed in Section 10(h).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Qualys, Inc.), Restricted Stock Unit Agreement (VirnetX Holding Corp)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Grant Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Aerohive Networks, Inc), Restricted Stock Unit Agreement (Aerohive Networks, Inc)

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Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Performance-Based Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate, subject to Applicable Laws. The date of Participant’s termination as a Service Provider is detailed in Section 10(h).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Twitter, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate; the Administrator shall have the exclusive discretion to determine when Participant ceases to be a Service Provider for purposes of the Restricted Stock Unit grant. 6.

Appears in 1 contract

Samples: Global Rsu Agreement (Infinera Corp)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Fluidigm Corp)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, (x) the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate and (y) any Restricted Stock Units for which the Achievement Factor has not been met upon certification by the Administrator pursuant to Section C of the Notice of Grant of this Award Agreement will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Aerohive Networks, Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time oral or written notice is provided (whether by Participant or the Company or Parent or Subsidiary) of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Marcus & Millichap, Inc.)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate; the Administrator shall have the exclusive discretion to determine when Participant ceases to be a Service Provider for purposes of the Restricted Stock Unit grant.

Appears in 1 contract

Samples: Board Rsu Agreement (Infinera Corp)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award AgreementAgreement and subject to the accelerated vesting provisions set forth in the Notice of Grant, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate, as further described in Section 8(j).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mindspeed Technologies, Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination status as a Service Provider for any or no reason ceases in accordance with Section 3 above and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Oak Valley Bancorp)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Performance Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Palo Alto Networks Inc)

Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Award AgreementAgreement and subject to the accelerated vesting provisions set forth in the Notice of Grant, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mindspeed Technologies, Inc)

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