Termination of Employment or Engagement. Except as otherwise provided in this Paragraph 4, the Participant will automatically forfeit any and all unvested RSUs covered by this Award on the earlier of the date of (1) service of notice of termination of the Participant's employment or engagement by the Company and/or any of its subsidiaries and/or Affiliates, (2) service of notice of resignation by the Participant from such employment or engagement, (and in respect of each of (1) and (2), irrespective of the fact that the effective date of termination of such employment or engagement will not occur until some later date) and/or (3) the summary termination (whether by the Company and/or any of its subsidiaries and/or Affiliates or the Participant) of such employment or engagement, in each case for any reason (the “Trigger Date”). Notwithstanding the foregoing:
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Cheniere Energy Inc), Restricted Stock Unit Award Agreement (Cheniere Energy Inc), Restricted Stock Unit Award Agreement (Cheniere Energy Inc)
Termination of Employment or Engagement. Except as otherwise provided in this Paragraph 4, the Participant will automatically forfeit any and all unvested RSUs the PSUs covered by this Award on the earlier of the date of (1) service of notice of termination of the Participant's employment or engagement by the Company and/or any of its subsidiaries and/or Affiliates, (2) service of notice of resignation by the Participant from such employment or engagement, (and in respect of each of (1) and (2), irrespective of the fact that the effective date of termination of such employment or engagement will not occur until some later date) and/or (3) the summary termination (whether by the Company and/or any of its subsidiaries and/or Affiliates or the Participant) of such employment or engagement, in each case for any reason prior to the date on which the PSUs vest (the “Trigger Date”). Notwithstanding the foregoing:
Appears in 3 contracts
Samples: Performance Stock Unit Award Agreement (Cheniere Energy Inc), Performance Stock Unit Award Agreement (Cheniere Energy Inc), Performance Stock Unit Award Agreement (Cheniere Energy Inc)