Common use of Effect of Termination of Service Clause in Contracts

Effect of Termination of Service. In the event of the Participant’s termination of employment and service with XXXXX, the Company and their Subsidiaries for any reason, all RSUs that have not vested as of the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs.

Effect of Termination of Service. In the event of the Participant’s termination of employment and service with XXXXX, the Company and their Subsidiaries for any reason, all RSUs that have not vested as of the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs. 6.

Effect of Termination of Service. In the event of the Participant’s termination of employment and service with XXXXXGRECO, the Company and their Subsidiaries for any reason, all RSUs that have not vested as of the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs.

Effect of Termination of Service. In the event of the Participant’s termination of employment and service with XXXXX, the Company and their its Subsidiaries for any reason, all RSUs that have not vested as of the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUs.

Effect of Termination of Service. In Except as otherwise provided below (or as otherwise provided in an employment, consulting or other written agreement between the event Participant and the Company or any of its Subsidiaries), if the Participant’s termination of employment and service with XXXXXthe Company is terminated, the Company and their Subsidiaries for unvested portion of any reason, all RSUs that have not vested as of shall be forfeited without consideration to the Participant on the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUsservice.

Effect of Termination of Service. In Except as otherwise provided in an employment, consulting or other written agreement between the event Participant and the Company or any of its Affiliates, if the Participant’s termination of employment and service with XXXXX, the Company and their Subsidiaries terminates prior to the applicable Vesting Date for any reason, all the unvested RSUs that have not vested as of shall be forfeited without consideration to the Participant on the date of such termination of employment or service (after taking into account any accelerated vesting that occurs in connection with such termination) shall automatically and without further action be cancelled and forfeited without payment of any consideration therefor, and the Participant shall have no further right to or interest in such RSUsservice.