Common use of Forfeiture of RSUs Clause in Contracts

Forfeiture of RSUs. If the Employee engages in Detrimental Activity prior to the final Settlement Date for the RSUs, the RSUs and all related Dividend Equivalents shall be terminated and forfeited.

Appears in 5 contracts

Samples: Performance Based Restricted Stock Unit (DXC Technology Co), Performance Based Restricted Stock Unit (DXC Technology Co), Performance Based Restricted Stock Unit (DXC Technology Co)

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Forfeiture of RSUs. If the Employee engages in Detrimental Activity prior to the final Settlement Date for the RSUs, the all remaining unsettled RSUs and all related Dividend Equivalents shall be terminated and forfeited.

Appears in 3 contracts

Samples: Service Based Restricted Stock Unit (DXC Technology Co), Service Based Restricted Stock Unit (DXC Technology Co), Service Based Restricted Stock Unit (DXC Technology Co)

Forfeiture of RSUs. If the Employee engages in Detrimental Activity materially breaches any of the Restrictive Covenants prior to the final Settlement Date for the RSUs, the RSUs and all related Dividend Equivalents shall be terminated and forfeited.

Appears in 1 contract

Samples: Employment Agreement (CSRA Inc.)

Forfeiture of RSUs. If the Employee engages in Detrimental Activity prior to the final Settlement Date for the RSUs, the RSUs and all related Dividend Equivalents shall be terminated and forfeited.

Appears in 1 contract

Samples: Service Based Restricted Stock Unit (DXC Technology Co)

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Forfeiture of RSUs. If the Employee engages in Detrimental Activity prior to the final Settlement Date for settlement of the RSUs, the all remaining unsettled RSUs and all related Dividend Equivalents shall be terminated and forfeited.

Appears in 1 contract

Samples: Service Based Restricted Stock Unit (DXC Technology Co)

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