Common use of Certain Termination Clause in Contracts

Certain Termination. In the event of Service Termination, (i) by the Company or an Affiliate without Cause, (ii) by the Company by providing a notice of nonrenewal in accordance with Section 2 of the Employment Agreement, (iii) by the Grantee for Good Reason, or (iv) resulting from the Grantee’s Disability or death, any unvested portion of the Granted Units shall vest on the Termination Date and the shares of Common Stock to be issued under the vested Granted Units in accordance with Section 4 herein shall be delivered to the Grantee (or the case of Xxxxxxx’s death, Xxxxxxx’s estate and/or beneficiaries, as the case may be) on the applicable Vesting Date or such later date as may be determined pursuant to Section 4.

Certain Termination. In the event of a Service Termination, (i) by the Company or an Affiliate without Cause, Cause (ii) by the Company by providing a notice of nonrenewal non-renewal, in accordance with Section 2 of the Employment Agreement, Agreement (iii) by the Grantee for Good Reason, or (iv) resulting from the Grantee’s Disability or death, any unvested portion of the Granted Units shall vest on the Termination Date and the shares of Common Stock to be issued under the vested Granted Units in accordance with Section 4 herein shall be delivered to the Grantee (or in the case of Xxxxxxx’s death, Xxxxxxx’s estate and/or beneficiaries, as the case may be) on the applicable Vesting Date or such later date as may be determined pursuant to Section 4Date.