Common use of Termination of Employment and Change in Control Clause in Contracts

Termination of Employment and Change in Control. (A) Except as provided in Sections III(B)-(G) below, if, for any reason, Participant’s employment with the Company and any subsidiary of the Company terminates, all Company Matching RSUs and the Company Matching Option to the extent not then vested in accordance with Sections I(D) and II(C)(ii) above shall be immediately forfeited.

Appears in 2 contracts

Samples: Matching Option Agreement (CVS HEALTH Corp), Matching Option Agreement (CVS Caremark Corp)

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Termination of Employment and Change in Control. (A) Except as provided in Sections III(B)-(G) below, if, for any reason, Participant’s employment with the Company and any subsidiary of the Company terminates, all Company Matching RSUs and the Company Matching Option to the extent not then vested in accordance with Sections I(D) and II(C)(iiII(C)(i) above shall be immediately forfeited.

Appears in 2 contracts

Samples: Matching Option Agreement (CVS HEALTH Corp), Matching Option Agreement (CVS Caremark Corp)

Termination of Employment and Change in Control. (A) Except as provided in Sections III(B)-(GIII (B) - (E) below, if, for any reason, Participant’s employment with is terminated by the Company and any Company, or a subsidiary of the Company terminatesCompany, all Company Matching RSUs and the Company Matching Option to the extent Options not then vested in accordance with Sections I(D) and II(C)(ii) above shall be immediately forfeited.

Appears in 1 contract

Samples: Option Agreement (CVS Caremark Corp)

Termination of Employment and Change in Control. (A) Except as provided in Sections III(B)-(GIII(B) - (E) below, if, for any reason, Participant’s employment with is terminated by the Company and any Company, or a subsidiary of the Company terminatesCompany, all Company Matching RSUs and the Company Matching Option to the extent matching Options not then vested in accordance with Sections I(D) and II(C)(ii) above above, shall be immediately forfeited.

Appears in 1 contract

Samples: Options Agreement (CVS Caremark Corp)

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Termination of Employment and Change in Control. (A) Except as provided in Sections III(B)-(GIII(B) - (E) below, if, for any reason, Participant’s employment with Executive ceases to be employed by the Company and any Company, or a subsidiary of the Company terminatesCompany, all Company Matching RSUs and the Company Matching Option to the extent Options not then vested in accordance with Sections I(D) and II(C)(ii) above above, shall be immediately forfeited.

Appears in 1 contract

Samples: Partnership Equity Program (CVS Caremark Corp)

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