Forfeiture of Awarded Units. Except as otherwise provided in Section 3 and Exhibit A, upon the Participant’s Termination of Service for any reason, the Participant shall be deemed to have forfeited all of the Participant’s Non-Vested PSUs. Upon forfeiture, all of the Participant’s rights with respect to the forfeited Non-Vested PSUs shall cease and terminate, without any further obligations on the part of the Company.
Appears in 6 contracts
Samples: Restricted Stock Unit Award Agreement (Paycom Software, Inc.), Restricted Stock Unit Award Agreement (Paycom Software, Inc.), Restricted Stock Unit Award Agreement (Paycom Software, Inc.)
