Forfeiture of the Shares. RSUs that are not vested pursuant to Sections 2(a), (b) or (c) as of the date of termination of Participant’s employment by the Company and its Affiliates will be forfeited automatically at the close of business on that date (immediately upon notice of termination for Cause). In no event may the RSUs become vested, in whole or in part, after forfeiture pursuant to this Section 4.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.)
Forfeiture of the Shares. RSUs that are not vested pursuant to Sections 2(a), (b), (c) or (cd) as of the date of termination of Participant’s employment and service (including as a Director) by the Company and its Affiliates will be forfeited automatically at the close of business on that date (immediately upon notice of termination for Cause). In no event may the RSUs become vested, in whole or in part, after forfeiture pursuant to this Section 4.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.)