Common use of Employment Requirement Clause in Contracts

Employment Requirement. Except as otherwise provided in this Agreement, in the event that Participant ceases to be an employee of Corporation or a Subsidiary during the Restriction Period for any reason, all unvested RSUs will be forfeited immediately. For purposes of this Agreement, “employment” includes periods of illness or other leaves of absence authorized by the Employer.

Appears in 3 contracts

Samples: Award Agreement (Barrett Business Services Inc), Award Agreement (Barrett Business Services Inc), Award Agreement (Barrett Business Services Inc)

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Employment Requirement. Except as otherwise provided in this Agreement, in the event that Participant ceases to be an employee of Corporation or a Subsidiary during the Restriction Period for any reason, all unvested RSUs will be forfeited immediately. For purposes of this Agreement, "employment" includes periods of illness or other leaves of absence authorized by the Employer.

Appears in 2 contracts

Samples: Award Agreement (Barrett Business Services Inc), Award Agreement (Barrett Business Services Inc)

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Employment Requirement. Except as otherwise provided in this Agreement, in the event that Participant ceases to be an employee of Corporation or a Subsidiary during the Restriction Period for any reasonreason prior to the Vesting Date, all unvested RSUs will be forfeited immediately. For purposes of this Agreement, "employment" includes periods of illness or other leaves of absence authorized by the Employer.

Appears in 1 contract

Samples: Award Agreement (Barrett Business Services Inc)

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