Common use of Termination of Service Clause in Contracts

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 9 contracts

Samples: Restricted Stock Unit Award Agreement (CRISPR Therapeutics AG), Restricted Stock Unit Award Agreement (CRISPR Therapeutics AG), Restricted Stock Unit Award Agreement (Mevion Medical Systems, Inc.)

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Termination of Service. If (i) Except as otherwise provided herein, if the Grantee’s service employment with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 Section 3, above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Tier Reit Inc), Restricted Stock Unit Award Agreement (Tier Reit Inc), Restricted Stock Unit Award Agreement (Tier Reit Inc)

Termination of Service. If the Grantee’s service Service Relationship with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (POINT Biopharma Global Inc.), Restricted Stock Unit Award Agreement (Cognex Corp)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Blueprint Medicines Corp), Amendment Agreement (Blueprint Medicines Corp)

Termination of Service. If the Grantee’s service Employment with the Company and its Subsidiaries terminates Affiliates is voluntarily or involuntarily terminated for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (ClearPoint Neuro, Inc.), Restricted Stock Unit Award Agreement (ClearPoint Neuro, Inc.)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including other than death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Monogram Residential Trust, Inc.), Restricted Stock Unit Award Agreement (Behringer Harvard Multifamily Reit I Inc)

Termination of Service. If Except as otherwise provided herein, if the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 Section 3, above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Tier Reit Inc), Restricted Stock Unit Award Agreement (Tier Reit Inc)

Termination of Service. Except as set forth on Schedule A hereto, If the Grantee’s service Service Relationship with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Cerevel Therapeutics Holdings, Inc.)

Termination of Service. If the Grantee’s service Service Relationship with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.. Cerevel Therapeutics Holdings, Inc. Restricted Stock Unit Agreement (Employees)

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cerevel Therapeutics Holdings, Inc.)

Termination of Service. If the Grantee’s service Service Relationship with the Company and its Subsidiaries or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Rocket Lab USA, Inc.)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.representatives

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Biodelivery Sciences International Inc)

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Termination of Service. If (a) Except as otherwise provided herein, if the Grantee’s service employment with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 Section 3 above, any all Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Monogram Residential Trust, Inc.)

Termination of Service. If Except as set forth in Paragraph 2 above, if the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Washington Trust Bancorp Inc)

Termination of Service. If the Grantee’s employment with, or service with as a director of, the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Randolph Bancorp, Inc.)

Termination of Service. If In the event of the termination of Grantee’s Service prior to the lapsing of the restrictions in accordance with Section 2(c) hereof with respect to any of the Restricted Stock Units granted hereunder, such portion of the Restricted Stock Units held by Grantee shall be automatically forfeited by the Grantee as of the date of termination. Neither the Grantee nor any of the Grantee’s service with the Company and its Subsidiaries terminates for successors, heirs, assigns or personal representatives shall have any reason (including death rights or disability) prior to the satisfaction of the vesting conditions set forth interests in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be are so forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mellanox Technologies, Ltd.)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries terminates for any reason (including other than death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any all Restricted Stock Units that have not vested as of such date granted herein shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Monogram Residential Trust, Inc.)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries Service Relationship terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (POINT Biopharma Global Inc.)

Termination of Service. If the Grantee’s service with the Company and its Subsidiaries Service terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 abovea Vesting Date, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested forfeited Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Guidewire Software, Inc.)

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