Common use of Continuance of Employment Required Clause in Contracts

Continuance of Employment Required. Except as otherwise provided herein, the vesting schedule applicable to the Stock Units requires continued service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 16 contracts

Samples: Restricted Stock Unit Agreement (International Rectifier Corp /De/), Restricted Stock Unit Agreement (International Rectifier Corp /De/), Award Agreement (International Rectifier Corp /De/)

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Continuance of Employment Required. Except as otherwise provided herein, the vesting schedule applicable to the Stock Units requires continued service through each applicable vesting date the “Vesting Date” set forth in Exhibit A attached hereto as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if a substantial portion, will not (except as otherwise expressly provided in Section 8) entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 4 contracts

Samples: Stock Unit Award Agreement (International Rectifier Corp /De/), Restricted Stock Unit Agreement (International Rectifier Corp /De/), Restricted Stock Unit Agreement (International Rectifier Corp /De/)

Continuance of Employment Required. Except as otherwise provided herein, the vesting schedule applicable to the Stock Units requires continued service through each applicable vesting date the “Vesting Date” set forth in Exhibit A attached hereto as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (International Rectifier Corp /De/), International Rectifier Corp /De/, International Rectifier Corp /De/

Continuance of Employment Required. Except as otherwise expressly provided hereinin Section 8 below, the vesting schedule applicable to the Stock Units requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc), Restricted Stock Unit Award Agreement (Uap Holding Corp)

Continuance of Employment Required. Except as otherwise provided herein, the The vesting schedule applicable to the Stock Units requires continued service Service through each applicable vesting date as a condition to the vesting of the applicable installment shares of Common Stock underlying the award Option and the rights and benefits under this Agreement, except as otherwise provided in Section 7. Service for only a portion of the vesting periodPartial service, even if a substantial portionsubstantial, during the vesting period will not entitle the Participant Executive to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or serviceService except as provided in Section 7 or 9 below or under the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (Directv), 2014 Non Qualified Stock Option Award Agreement (Directv)

Continuance of Employment Required. Except as otherwise expressly provided hereinin Section 7 below, the vesting schedule applicable to the Stock Units requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc), Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)

Continuance of Employment Required. Except as otherwise expressly provided hereinin Section 8 below, the vesting schedule applicable to the Stock Units requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or serviceservices as provided in Section 8 below or under the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc), Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)

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Continuance of Employment Required. Except as otherwise expressly provided hereinin Sections 2.1.3, 2.2.3 or 2.3, the vesting schedule applicable to the Stock Units requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant Executive to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 1 contract

Samples: Stock Unit Grant Agreement (Quality Distribution Inc)

Continuance of Employment Required. Except as otherwise provided herein, the vesting schedule applicable to the Stock Units requires continued service through each the applicable vesting date “Vesting Date” set forth in Exhibit A attached hereto as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service for only a portion of the vesting period, even if a substantial portion, will not (except as otherwise expressly provided in Section 8) entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (International Rectifier Corp /De/)

Continuance of Employment Required. Except as otherwise provided herein, the The vesting schedule applicable to the Stock Units requires continued service Service through each applicable vesting date December 31, 2015 as a condition to the vesting of any shares of Common Stock underlying the applicable installment of the award Option and the rights and benefits under this Agreement, except as otherwise provided in Section 7. Service for only a portion of the vesting periodPartial service, even if a substantial portionsubstantial, during the vesting period will not entitle the Participant Executive to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service.Service except as provided in Section 7 or 9 below or under the Plan. 56476 v2

Appears in 1 contract

Samples: Qualified Stock Option Award Agreement (Directv)

Continuance of Employment Required. Except as otherwise expressly provided hereinon the first page of this Agreement, the vesting schedule applicable to the Stock Units requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the award and the rights and benefits under this Agreement. Service Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or serviceservices as provided in Section 8 below or under the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)

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