Common use of Effect of Termination of Employment or Service Clause in Contracts

Effect of Termination of Employment or Service. Except as provided in Section 3, the Participant’s Share Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company or one of its Subsidiaries, regardless of the reason for the termination of the Participant’s employment or service with the Company or a Subsidiary, whether voluntarily or involuntarily. If any unvested Share Units are terminated hereunder, such Share Units shall automatically terminate and be forfeited as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.

Effect of Termination of Employment or Service. Except as provided in Section 3, the The Participant’s Share Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company Corporation or one of its Subsidiaries, regardless of the reason for the termination of the Participant’s employment or service with the Company Corporation or a Subsidiary, whether with or without cause, voluntarily or involuntarily. If any unvested Share Units are terminated hereunder, such Share Units shall automatically terminate and be forfeited cancelled as of the applicable termination date without payment of any consideration by the Company Corporation and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.

Effect of Termination of Employment or Service. Except as provided in Section 3, the The Participant’s Share Restricted Stock Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company or one of its SubsidiariesAffiliates, regardless of the reason for the termination of the Participant’s employment or service with the Company or a Subsidiaryan Affiliate, whether with or without cause, voluntarily or involuntarily. If any unvested Share Restricted Stock Units are terminated hereunder, such Share Restricted Stock Units shall automatically terminate and be forfeited cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.

Effect of Termination of Employment or Service. Except as provided in Section 3, the The Participant’s Share Stock Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company Corporation or one of its Subsidiaries, regardless of the reason for the termination of the Participant’s employment or service with the Company Corporation or a Subsidiary, whether with or without cause, voluntarily or involuntarily. If any unvested Share Stock Units are terminated hereunder, such Share Stock Units shall automatically terminate and be forfeited cancelled as of the applicable termination date without payment of any consideration by the Company Corporation and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.

Effect of Termination of Employment or Service. Except as provided in Section 3, the The Participant’s Share Stock Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company or one of its Subsidiaries, regardless of the reason for the termination of the Participant’s employment or service with the Company or a Subsidiary, whether with or without cause, voluntarily or involuntarily. If any unvested Share Stock Units are terminated hereunder, such Share Stock Units shall automatically terminate and be forfeited cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.

Effect of Termination of Employment or Service. Except as provided in Section 3, the The Participant’s Restricted Share Units shall terminate and be forfeited to the extent such units have not become vested prior to the first date the Participant is no longer employed by or in service to the Company or one of its Subsidiaries, regardless of the reason for the termination of the Participant’s employment or service with the Company or a Subsidiary, whether with or without cause, voluntarily or involuntarily. If any unvested Restricted Share Units are terminated hereunder, such Restricted Share Units shall automatically terminate and be forfeited cancelled as of the applicable termination date without payment of any consideration by the Company and without any other action by the Participant, or the Participant’s beneficiary or personal representative, as the case may be.