Common use of Other Terminations of Service Clause in Contracts

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend Equivalents, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 3 contracts

Samples: Non Employee Director Restricted Stock Unit Award Agreement (Daseke, Inc.), Non Employee Director Restricted Stock Unit Award Agreement (Daseke, Inc.), Restricted Stock Unit Award Agreement (Daseke, Inc.)

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Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Daseke, Inc.), Restricted Stock Unit Award Agreement (Daseke, Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c2(d) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Eldorado Resorts, Inc.), Form of Performance Stock Unit Award Agreement (Eldorado Resorts, Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated provided for by Section 2(c) or 2(d) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Caesars Entertainment, Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding Nothwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Daseke, Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c2(b) or (c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 1 contract

Samples: Employment Agreement (Volt Information Sciences, Inc.)

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Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated provided for by this Section 2(c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Garrett Motion Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend EquivalentsRSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.. #4818-5941-2800v2

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Eldorado Resorts, Inc.)

Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section Sections 2(c) or 2(d) hereof, all outstanding and unvested RSUs (and any associated Dividend Equivalents) shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs and Dividend Equivalents, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Daseke, Inc.)

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