Termination of Relationship. If Participant ceases to be [an Employee] [a Consultant] [a Director] of the Company or any Subsidiary at any time during the term of the Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that have not vested shall be forfeited by Participant.
Appears in 9 contracts
Samples: Restricted Stock Unit Agreement (Nephros Inc), Restricted Stock Unit Agreement (Emerald Oil, Inc.), Restricted Stock Unit Agreement (Arts Way Manufacturing Co Inc)
Termination of Relationship. If the Participant ceases to be [an Employee] [a Consultant] [a Director] director of the Company or any Subsidiary at any time during the term of the Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that have not vested or for which the risks of forfeiture have not lapsed shall be forfeited by Participant.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Cardiovascular Systems Inc), Restricted Stock Unit Agreement (Cardiovascular Systems Inc)
Termination of Relationship. If Participant ceases to be [an Employeeemployee] [a Consultantconsultant] [a Directornonemployee director] of the Company or any Subsidiary at any time during the term of the Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that for which the risks of forfeiture have not vested lapsed shall be forfeited by Participant.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Cardiovascular Systems Inc), Restricted Stock Unit Agreement (Cardiovascular Systems Inc)
Termination of Relationship. If If, prior to the vesting of all or any portion of the Award, Participant ceases to be [an Employeea key employee or officer] [a Consultantconsultant or advisor] [a Directordirector] of the Company or any Subsidiary at any time during the term of the Award, Affiliate for any reason, this Award the Participant shall terminate and forfeit all restricted stock units subject to this Award that which have not vested and this Award shall be forfeited by Participantterminate as of the date of the act giving rise to such termination.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Broadwind Energy, Inc.), Restricted Stock Unit Award Agreement (Broadwind Energy, Inc.)
Termination of Relationship. If the Participant ceases to be [an Employee] [a Consultant] [a Director] nonemployee director of the Company or any Subsidiary at any time during the term of the Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that have not vested or for which the risks of forfeiture have not lapsed shall be forfeited by Participant.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Cardiovascular Systems Inc)
Termination of Relationship. If Participant ceases to be [an Employeeemployee] [a Consultantconsultant] [a Directornonemployee director] of the Company or any Subsidiary Affiliate at any time during the term of the this Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that which have not vested shall be forfeited by Participant.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Analysts International Corp)
Termination of Relationship. If Participant ceases to be [an Employee] [a Consultant] [a Director] employee of the Company or any Subsidiary Affiliate at any time during the term of the this Award, for any reason, this Award shall terminate and all restricted stock units subject to this Award that which have not vested shall be forfeited by Participant.
Appears in 1 contract
