Forfeiture of Entire Award. If the Participant’s Employment is terminated, such that the Participant has a Separation from Service, by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement, then the Participant’s right to receive any Target Shares shall be forfeited in its entirety as of the date of such Separation from Service.
Appears in 12 contracts
Samples: Award Agreement (Centerpoint Energy Resources Corp), Award Agreement (Centerpoint Energy Inc), Award Agreement (Centerpoint Energy Inc)
Forfeiture of Entire Award. If the Participant’s 's Employment is terminated, such that the Participant has a Separation from Service, by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement, then the Participant’s 's right to receive any Target Shares shall be forfeited in its entirety as of the date of such Separation from Service.
Appears in 1 contract
Forfeiture of Entire Award. If the Participant’s Employment is terminated, such that the Participant has a Separation from Service, by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement, then the Participant’s right to receive any Target Shares shall be forfeited in its entirety as of the date of such Separation from Service.. (ii)
Appears in 1 contract
Samples: Term Incentive Plan Performance Award Agreement (Centerpoint Energy Resources Corp)
Forfeiture of Entire Award. If Except as otherwise provided under Section (b)(ii) or (b)(iii), if the Participant’s Employment is terminated, terminated such that the Participant has a Separation from Service, Service by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or RetirementParticipant, then the Participant’s right to receive any Target Shares shall be forfeited in its entirety as of the date of such Separation from Service.
Appears in 1 contract
Samples: Award Agreement (Centerpoint Energy Resources Corp)
Forfeiture of Entire Award. If the Participant’s Employment employment is terminated, such that the Participant has a Separation from Service, terminated by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement, then the Participant’s right to receive any Target Shares pursuant to this Award Agreement shall be forfeited in its entirety as of the date of such Separation from Servicetermination.
Appears in 1 contract
Samples: Performance Share Award Agreement (El Paso Electric Co /Tx/)
Forfeiture of Entire Award. If the Participant’s Employment employment is terminated, such that the Participant has a Separation from Service, terminated by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement, then the Participant’s right to receive any Target Shares Active 36847686.4 pursuant to this Award Agreement shall be forfeited in its entirety as of the date of such Separation from Servicetermination.
Appears in 1 contract
Samples: Performance Share Award Agreement (El Paso Electric Co /Tx/)
