Certain Terminations of Employment Sample Clauses

Certain Terminations of Employment. In the case of Termination due to a Divestiture (as defined in Section 20 below) or if Motorola or a Subsidiary terminates Grantee’s employment for reasons other than for Serious Misconduct (as defined in Section 20 below) before the expiration of the Restriction Period, and if the Units have not been forfeited as described in Section 2 above, then the Units shall vest on a pro rata basis in an amount equal to (a)(i) the total number of Units subject to this Award, multiplied by (ii) a fraction, the numerator of which is the number of completed full years of service by the Grantee from the Date of Grant to the employee’s date of termination and the denominator of which is the Restriction Period, minus (b) any Units that vested prior to such Termination.
Certain Terminations of Employment. Upon the occurrence of Grantee’s termination of employment with Motorola Solutions and its Subsidiaries due to (i) a Divestiture (as defined in the LRIP) that occurs during the final calendar year of the Performance Period, (ii) Grantee’s termination of employment by Motorola Solutions or a Subsidiary for reasons other than for Serious Misconduct (as defined in the LRIP) during the final calendar year of the Performance Period, or (iii) Retirement (as defined in the LRIP) prior to the last day of the Performance Period (each as described in Section 3(c) above), the PSUs that become earned PSUs in accordance with Section 3(c) will be payable as soon as practicable following the Performance Certification Date, based on the applicable performance criteria set forth in Appendix A, but in no event later than March 15 of the year following the end of the Performance Period for which the PSUs were earned; provided, however, that in the event that any of the events described in clauses (i), (ii), or (iii) above occurs prior to the end of the Performance Period and a Change in Control subsequently occurs after such event but prior to the end of the Performance Period, the PSUs that become earned PSUs in accordance with Section 3(c) shall be paid within 30 days of the consummation of such Change in Control.
Certain Terminations of Employment. If Optionee’s employment is terminated by the Company without Cause (as defined in the Employment Agreement) or is terminated by the Employee for Good Reason (as defined in the Employment Agreement), then the Option shall become immediately exercisable in full.
Certain Terminations of Employment. If the employment of the Participant is terminated prior to the end of the Performance Period due to any reason not set forth in Paragraph 4(b) above, then the Participant shall not be entitled to the payment of any Award hereunder.
Certain Terminations of Employment. If your employment is terminated by the Company for Cause or because you are Disabled, if you terminate your employment without Good Reason or if your employment ends because of your death, then the Company shall pay your Accrued Benefit through the Date of Termination and, except for the payment of the Accrued Benefit, your compensation, benefits, and stock option vesting shall cease as of the Date of Termination.
Certain Terminations of Employment. Sections 5.2(b) and (c) of the Employment Agreement shall be replaced in their entirety with the following provisions:
Certain Terminations of Employment. Unless otherwise determined by the Managing Members in a manner more favorable to such Management Member, if a Management Member ceases to provide services to or for the benefit of the Company as a result of a termination of such relationship by the Company or any subsidiary of the Company without Cause, by the Management Member for Good Reason or as a result of the Management Member's death or Disability, then such Member's Profits Units shall be treated as follows:
Certain Terminations of Employment. If the Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason at any time during the Termination Period, then (subject to the Executive’s entering into a separation and release agreement in the Company’s customary form) as of the Date of Termination (a) the Company shall pay to the Executive (i) the Retention Payment set forth in Section 1 (to the extent not previously paid) and (ii) a lump-sum amount equal to the sum of (A) the Executive’s annual base salary as in effect as of the Effective Date and (B) the Executive’s target-level annual bonus for the fiscal year in which the Effective Date occurs and (b) notwithstanding anything to the contrary in the LTIP Restricted Stock Agreement, any and all unvested shares of LTIP Restricted Stock then held by the Executive shall become fully vested and all restrictions with respect to such shares of LTIP Restricted Stock shall lapse.
Certain Terminations of Employment. If your employment is terminated by the Company for Cause or because you are Disabled, if you terminate your employment without Good Reason or if your employment ends because of your death, then the Company shall pay your Accrued Benefit through the Date of Termination and, except for the payment of the Accrued Benefit, your compensation, benefits, and stock option vesting shall cease as of the Date of Termination. Proteostasis Therapeutics, Inc. | 200 Technology Square, Fourth Floor, Cambridge, MA 02139 | T: 617.225.0096 Helen Boudreau Sent on July 13, 2017 Page 6 of 18
Certain Terminations of Employment. In the event an Eligible Employee’s employment is terminated by the Company for Cause or an Eligible Employee voluntarily terminates employment with the Company other than for Good Reason, the Eligible Employee shall not be entitled to any payments or benefits hereunder.