Common use of Service Relationship Clause in Contracts

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s full-time employment status with any of the Constituent Companies (such employment hereinafter referred to as “Qualified Status”) shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto.

Appears in 12 contracts

Samples: Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC)

AutoNDA by SimpleDocs

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s full-time employment status with the Company or any of its Subsidiaries (collectively, the Constituent Companies (such employment hereinafter referred to as “Qualified StatusCompanies”) shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto. Such employment status shall hereinafter be referred to in this Agreement as “Qualified Status.

Appears in 7 contracts

Samples: Share Incentive Plan (Accenture PLC), 2001 Share Incentive Plan (Accenture PLC), Restricted Share Unit Agreement (Accenture LTD)

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s full-time employment status with any of the Constituent Companies (such employment hereinafter referred to as “Qualified Status”) shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto. For the avoidance of doubt, a Participant’s commencement of an approved leave of absence shall not be deemed the termination of such Participant’s employment status for purposes of this Agreement.

Appears in 4 contracts

Samples: Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC)

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s full-time employment status with any of the Constituent Companies (such employment hereinafter referred to as “Qualified Status”) shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto. Such employment status shall hereinafter be referred to in this Agreement as “Qualified Status.

Appears in 2 contracts

Samples: Share Incentive Plan (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC)

AutoNDA by SimpleDocs

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s full-time employment status with any of the Constituent Companies (such employment hereinafter referred to as “Qualified Status”) shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto. For the avoidance of doubt, a Participant’s commencement of an approved leave of absence shall not be deemed the termination of such Participant’s full-time employment status for purposes of this Agreement.

Appears in 2 contracts

Samples: Restricted Share Unit Agreement (Accenture PLC), Restricted Share Unit Agreement (Accenture PLC)

Service Relationship. Except as provided in Section 2(a), RSUs that are unvested as of the termination of the Participant’s [full-time employment status with the Company or any of its Subsidiaries (collectively, the Constituent Companies (such employment hereinafter referred to as “Qualified Status”) Companies”)/[such other greater, position-specific, service requirement determined by the Committee]] shall be immediately forfeited as of such termination and the Company shall have no further obligations with respect thereto. Such [employment or other position-specific] status shall hereinafter be referred to in this Agreement as “Qualified Status.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Accenture LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.