Common use of Forfeiture Upon Termination Clause in Contracts

Forfeiture Upon Termination. Except as provided in the Vesting Schedule (as defined below), until vested, the PSUs will be subject to forfeiture in the event of the termination of your employment or service with the Company and all of its Subsidiaries for any reason, whether such termination is occasioned by you, by the Company or any of its Subsidiaries, with or without cause or by mutual agreement (“Termination of Employment”).

Appears in 5 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Viasat Inc), Performance Based Restricted Stock Unit Award Agreement (Viasat Inc), Performance Based Restricted Stock Unit Award Agreement (Viasat Inc)