Common use of Termination of Directorship Clause in Contracts

Termination of Directorship. If you cease to be a director of the Company for any reason other than your death or Disability, any Restricted Stock Units that have not vested as of the date of the termination of your directorship will immediately be forfeited, and your rights with respect to these Restricted Stock Units will end.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Garrett Motion Inc.)

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Termination of Directorship. If you cease to be a director of the Company for any reason other than your death or Disability, any Restricted Stock Units and Additional Restricted Units that have not vested as of the date of the termination of your directorship will immediately be forfeited, and your rights with respect to these Restricted Stock Units and Additional Restricted Units will end.

Appears in 3 contracts

Samples: Restricted Unit Agreement (Honeywell International Inc), Restricted Unit Agreement (Honeywell International Inc), Restricted Unit Agreement (Honeywell International Inc)

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Termination of Directorship. If you cease to be a director of the Company prior to the final Scheduled Vesting Date for any reason other than your death death, Disability or DisabilityInvoluntary Termination, any Restricted Stock Units that have not vested as of the date of the termination of your directorship will immediately be forfeited, and your rights with respect to these Restricted Stock Units will end.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.)

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