Termination of Relationship with the Company. If the Recipient ceases to be employed by the Company or a Subsidiary, or to be a Director of the Company, for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon be forfeited.
Appears in 4 contracts
Samples: Performance Stock Unit Agreement (Seachange International Inc), Restricted Stock Unit Agreement (Seachange International Inc), Restricted Stock Unit Agreement (Seachange International Inc)
Termination of Relationship with the Company. If the Recipient Participant ceases to be employed by an employee of the Company or a Subsidiary, or to be a Director of the Company, for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon immediately be forfeited.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement for employees (Datawatch Corp)
Termination of Relationship with the Company. If the Recipient Participant ceases to be employed by the Company or a Subsidiary, or to be a Director director of the Company, or the Participant ceases to be an employee of the Company, as the case may be, for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon immediately be forfeited.
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Termination of Relationship with the Company. If the Recipient Participant ceases to be employed by a director of the Company or a SubsidiaryCompany, or the Participant ceases to be a Director an employee of the Company, for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon immediately be forfeited.
Appears in 1 contract
Termination of Relationship with the Company. If the Recipient ceases to be employed by the Company or a Subsidiary, or to be a Director director of the CompanyCompany (“Director”), for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon be forfeited.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Seachange International Inc)
Termination of Relationship with the Company. If the Recipient Participant ceases to be employed by the Company or a Subsidiary, or to be a Director director of the Company, for any reason, any portion of the Award that has not become vested on or prior to the date of such cessation shall thereupon immediately be forfeited.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement for Directors (Datawatch Corp)