Common use of Termination of Services Clause in Contracts

Termination of Services. (a) Except as set forth in Section 3(b), upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or its Subsidiaries (the “Date of Termination”), for any reason whatsoever, any unvested Performance Stock Units shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)If the Grantees ceases to be an officer or employee of the Company, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or its Subsidiaries CHMI and any other Subsidiary (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which is not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or any of its Subsidiaries (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which are not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or any of its Subsidiaries (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which is not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b), upon If the termination or cessation Grantees ceases to be a member of Grantee’s employment with, or provision of service to, the Company or its Subsidiaries Board (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which is not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or any of its Subsidiaries (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which is not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or its Subsidiaries (the “Date of Termination”)as a Non-Employee Director, for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which are not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, to the Company or any of its Subsidiaries (the “Date of Termination”), for any reason whatsoever, any unvested Performance portion of the Restricted Stock Units which is not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.

Termination of Services. (a) Except as set forth in Section 3(b)below, upon the termination or cessation of Grantee’s employment with, or provision of service to, the Company or its Subsidiaries (the “Date of Termination”)as a Non-Employee Director, for any reason whatsoever, any unvested Performance portion of the Deferred Stock Units which are not yet then vested, and which does not then become vested pursuant to this Section 3, shall automatically and without notice terminate, be forfeited and become null and void.