Effect of Termination of Continuous Service. Except as provided in Section 3 in connection with the termination of Grantee’s Continuous Service as a result of ▇▇▇▇▇▇▇’s death or Disability, in the event of the termination of Grantee’s Continuous Service, all Units that are not vested will be immediately, automatically, and without consideration forfeited.
Appears in 3 contracts
Sources: Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)
Effect of Termination of Continuous Service. Except as provided in Section 3 in connection with the termination of Grantee▇▇▇▇▇▇▇’s Continuous Service as a result of ▇▇▇▇▇▇▇’s death or Disability, in the event of the termination of Grantee▇▇▇▇▇▇▇’s Continuous Service, all Units that are not vested will be immediately, automatically, and without consideration forfeited.
Appears in 2 contracts
Sources: Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)
Effect of Termination of Continuous Service. Except as provided in Section 3 in connection with the termination of Grantee’s Continuous Service as a result of ▇▇▇▇▇▇▇Grantee’s death or Disability, in the event of the termination of Grantee’s Continuous Service, all Units that are not vested will be immediately, automatically, and without consideration forfeited.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)