Common use of Following Termination of Employment Clause in Contracts

Following Termination of Employment. Except as otherwise provided in Section 2 of the Addendum, which is incorporated herein, upon termination of the Participant’s employment with the Company and its Subsidiaries and Affiliates for any reason, all unvested RSUs outstanding as of the date of such termination shall automatically and without notice terminate and be forfeited and neither the Participant nor any of the Participant’s successors, heirs, assigns, or personal representatives shall thereafter have any further rights or interests in such RSUs.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Brookdale Senior Living Inc.), Restricted Stock Unit Agreement (Brookdale Senior Living Inc.), Restricted Stock Unit Agreement (Brookdale Senior Living Inc.)

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Following Termination of Employment. Except as otherwise provided in this Section 2 of the Addendum, which is incorporated herein3(c), upon termination of the Participant’s employment with the Company and its Subsidiaries and Affiliates for any reason, all unvested RSUs outstanding as of the date of such termination shall automatically and without notice terminate and be forfeited and neither the Participant nor any of the Participant’s successors, heirs, assigns, or personal representatives shall thereafter have any further rights or interests in such RSUs.. Notwithstanding the foregoing or anything herein to the contrary:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Brookdale Senior Living Inc.)

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