Common use of Termination of Employment With Cause Clause in Contracts

Termination of Employment With Cause. If the Participant is terminated for Cause, all Restricted Stock Units that are not vested as of the effective date of termination will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including an employment agreement entered into after the Grant Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Corporate Conduct.

Appears in 5 contracts

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

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Termination of Employment With Cause. If the Participant is terminated for Cause, all Restricted Stock Units that are not vested as of the effective date of termination resignation will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including an employment agreement entered into after the Grant Date. In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Corporate Conduct.

Appears in 4 contracts

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Termination of Employment With Cause. If the Participant is terminated for Cause, all Restricted Stock Units that are not vested as of the effective date of termination resignation will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including an employment agreement entered into after the Grant Date (or “Award Date”). In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Corporate Conduct.

Appears in 3 contracts

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Termination of Employment With Cause. If the Participant is terminated for Cause, all Restricted Stock Units that are not vested as of the effective date of termination will be forfeited. For this purpose, “Cause” is defined in the employment agreement in effect between the Participant and the Company or any subsidiary, including an employment agreement entered into after the Grant Date (or “Award Date”). In the absence of an employment agreement, “Cause” means any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitation, the Code of Corporate Conduct.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Termination of Employment With Cause. If In the event the Participant is terminated for Cause, all unvested Restricted Stock Units that are not vested as of the effective date of termination will resignation shall be forfeited. For this purposepurposes hereof, "Cause” is defined " shall have the meaning in the any employment agreement as in effect between the Participant and the Company or any subsidiarysubsidiary and, including an employment agreement entered into after the Grant Date. In in the absence of an employment any such agreement, “Cause” means shall mean any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitationlimiting the generality, the Code of Corporate Conduct.

Appears in 1 contract

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

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Termination of Employment With Cause. If In the event the Participant is terminated for Cause, all unvested Restricted Stock Units that are not vested as of the effective date of termination will shall be forfeited. For this purposepurposes hereof, "Cause” is defined " shall have the meaning in the any employment agreement as in effect between the Participant and the Company or any subsidiarysubsidiary and, including an employment agreement entered into after the Grant Date. In in the absence of an employment any such agreement, “Cause” means shall mean any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitationlimiting the generality, the Code of Corporate Conduct.

Appears in 1 contract

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Termination of Employment With Cause. If In the event the Participant is terminated for Cause, all the Restricted Stock Units that are not vested as of the effective date of termination will shall be forfeited. For this purposepurposes hereof, "Cause” is defined " shall have the meaning in the any employment agreement as in effect between the Participant and the Company or any subsidiarysubsidiary and, including an employment agreement entered into after the Grant Date. In in the absence of an employment any such agreement, “Cause” means shall mean any breach by the Participant of any of his or her material obligations under any Company policy or procedure, including, without limitationlimiting the generality, the Code of Corporate Conduct.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

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