Common use of Termination of Employment for Reasons Other Than Death or Disability Clause in Contracts

Termination of Employment for Reasons Other Than Death or Disability. Subject to Section 7 below, if the Employee’s employment with the Company is terminated for any reason other than death or disability prior to the third anniversary of the Grant Date, the RSUs granted hereby shall be forfeited.

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Agreement (Twin Disc Inc), Restricted Stock Unit Grant Agreement (Twin Disc Inc), Restricted Stock Unit Grant Agreement (Twin Disc Inc)

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Termination of Employment for Reasons Other Than Death or Disability. Subject to Section Sections 6, 7 and 8 below, if the Employee’s employment with the Company is terminated for any reason other than death or disability prior to the third anniversary of the Grant Date, the RSUs granted hereby shall be forfeited.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Twin Disc Inc)

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