Termination of RSUs. Upon the Participant’s Termination of Service for any reason, all then-unvested RSUs issued to the Participant pursuant to this Agreement (after taking into account any vesting that may occur in connection with such Termination of Service, if any) shall immediately terminate and be cancelled and forfeited.
Termination of RSUs. Until vested pursuant to Section 3.1, all RSUs issued to the Employee pursuant to this Agreement shall terminate immediately upon a Termination of Employment. For the avoidance of doubt, if the Employee experiences a Termination of Employment prior to a Vesting Date for any reason not described in Section 3.1, all RSUs issued to the Employee pursuant to this Agreement shall immediately terminate.
Termination of RSUs. Upon the Director’s Termination of Service for any reason, all then-unvested RSUs issued to the Director pursuant to this Agreement (after taking into account any vesting that may occur in connection with such Termination of Service, if any) shall immediately terminate and be cancelled and forfeited.
Termination of RSUs. If the Executive’s continuous employment with the Company and its Subsidiaries is terminated without Cause or for Good Reason prior to both the vesting of all RSUs granted pursuant to this Agreement and the occurrence of a Change in Control, then all RSUs that have not vested as of the sixty-first day following such termination (after taking into consideration any vesting that may occur in connection with the Executive’s death or Disability or upon a Change in Control occurring within the first sixty days following such termination), shall automatically be forfeited and canceled without payment of consideration therefor on the sixty-first day following such termination. If the Executive’s continuous employment with the Company and its Subsidiaries is terminated under circumstances other than those described in the immediately preceding sentence and prior to the vesting of all RSUs granted pursuant to this Agreement, then all RSUs that have not vested as of such termination (after taking into consideration any vesting that may occur in connection with the Executive’s death, Disability or termination of employment) shall automatically be forfeited and canceled without payment of consideration therefor.
Termination of RSUs. (a) Except as provided in Paragraphs 3(d) and 6, your rights in respect of your outstanding unvested RSUs shall immediately terminate, and no cash shall be paid in respect of such unvested RSUs, if at any time prior to the Scheduled Vesting Date your Employment with AIG terminates for any reason, or you are otherwise no longer actively Employed by AIG.
Termination of RSUs. (a) If there is a cessation of your continuous Service for any reason, including a termination of your employment or Service by the Company or any Affiliate (as the case may be), with or without “Cause” (as defined in Section 2.5 of the Plan), all then unvested RSUs shall be forfeited to the Company forthwith, and all rights you have in or to such RSUs shall immediately terminate.
Termination of RSUs. If any RSUs are forfeited hereunder, such unvested, forfeited RSUs, without payment of any consideration by the Company, shall automatically terminate without any other action by the Participant or the Participant’s Beneficiary, as the case may be.
Termination of RSUs. If the Participant’s employment with the Company is terminated prior to the Vesting Date other than by the Company without Cause or due to the Participant’s death or Disability, all RSUs that have not vested as of such termination shall be immediately forfeited by the Participant as of such date of termination without consideration therefor. The Participant’s signature below indicates the Participant’s agreement with and understanding that this award is subject to all of the terms and conditions contained in the Plan and in this Agreement (including Appendix A), and that, in the event that there are any inconsistencies between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control. The Participant further acknowledges that the Participant has read and understands the Plan and this Agreement, including Appendix A hereto, which contains the specific terms and conditions of this grant of RSUs. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions arising under the Plan or this Agreement. VXXXXX AIRCRAFT INDUSTRIES, INC. PARTICIPANT /s/ Kxxxx X. XxXxxxxxxx /s/ Exxxx Xxxx Exxxx X. Xxxx Name: Kxxxx X. XxXxxxxxxx Address: Title: Corporate Secretary APPENDIX A
Termination of RSUs. All RSUs awarded under this Agreement shall be immediately forfeited, along with any and all rights or subsequent rights related hereto, and will not be paid, after the date on which the Recipient ceases to perform Continuous Service for the Company, or a Subsidiary.
Termination of RSUs. In the event that the Participant ceases to be an Employee, Consultant or member of the Board, as applicable, for any reason prior to the applicable Vesting Date, all RSUs that have not vested as of the date of such termination (after taking into consideration any accelerated vesting that may apply, if any) shall thereupon automatically be forfeited by the Participant as of such date of termination without payment of any consideration therefor. The Participant's signature below indicates the Participant's agreement with and understanding that this award of RSUs is subject to all of the terms and conditions contained in the Program and in this Agreement (including Appendix A), and that, in the event that there are any inconsistencies between the terms of the Program and the terms of this Agreement, the terms of the Program shall control. In addition, by signing below, the Participant acknowledges that the Company, in its sole discretion, may satisfy any withholding obligations in accordance with Section 7 of Appendix A attached to this Agreement by (i) withholding shares of Stock otherwise issuable to the Participant upon payment of the RSUs or (ii) using any other method permitted by Section 7 of Appendix A attached to this Agreement or the Plan. If the Participant is married, his or her spouse has signed the Consent of Spouse attached to this Agreement as Exhibit A. THE PARTICIPANT FURTHER ACKNOWLEDGES THAT THE PARTICIPANT HAS READ AND UNDERSTANDS THE PROGRAM, THE PLAN AND THIS AGREEMENT, INCLUDING APPENDIX A HERETO, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS GRANT OF RSUs AND DIVIDEND EQUIVALENT RIGHTS. KXXXXX REALTY CORPORATION,a Maryland corporation ________________________________ PARTICIPANT: _________________________________ KXXXXX REALTY CORPORATION,a Maryland corporation ________________________________ APPENDIX A TERMS AND CONDITIONS OF
