Effect of Certain Terminations of Employment. Upon the Executive’s cessation of employment with the Company or any Affiliate of the Parent for any reason, any then remaining Unvested Restricted Shares shall be forfeited without consideration as more fully set out below, except as set out in clauses (D) and (E) below:
Appears in 4 contracts
Sources: Restricted Stock Award Agreement (Warner Music Group Corp.), Employment Agreement (WMG Acquisition Corp), Restricted Stock Award Agreement (Warner Music Group Corp.)
Effect of Certain Terminations of Employment. Upon the Executive’s cessation of employment with the Company or any Affiliate of the Parent for any reason, any then remaining Unvested Restricted Shares shall be forfeited without consideration as more fully set out below, except as set out in clauses (D), (E) and (EF) below:
Appears in 2 contracts
Sources: Restricted Stock Award Agreement (WMG Acquisition Corp), Employment Agreement (WMG Acquisition Corp)