Common use of Termination of Stock Award Clause in Contracts

Termination of Stock Award. (a) Except as provided in subsection (b) below and Section 2 above, a Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares are converted into Vested Shares, or (ii) the termination of Participant’s employment with the Company. Upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.

Termination of Stock Award. (a) Except as provided in subsection subsections (b) below and Section 2 abovebelow, a Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares such Stock Awards are converted into Vested Shares, or (ii) the termination of Participant’s employment with or Service to the Company. Upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee or to provide Service shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.

Termination of Stock Award. (a) Except as provided in subsection subsections (b) below and Section 2 abovebelow, a Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares such Stock Awards are converted into Vested Shares, or (ii) the termination of Participant’s employment with the Company. Upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.

Termination of Stock Award. (aSubject to Section 2(b) Except as provided in subsection (b) below and Section 2 above, a Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares are such Stock Award is converted into Vested Shares, or (ii) the termination of Participant’s employment with or Service to the Company. Upon Subject to Section 2(b) above, upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee or to provide Service shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.

Termination of Stock Award. (aSubject to Sections 2(c) Except as provided in subsection (band 2(d) below and Section 2 above, a Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares are such Stock Award is converted into Vested Shares, or (ii) the termination of Participant’s employment with or Service to the Company. Upon Subject to Section 2(d) above, upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee or to provide Service shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.

Termination of Stock Award. (a) Except as provided in subsection (b) below and Section 2 above, a A Participant’s rights under this Agreement with respect to the Stock Award shall terminate at the earlier of (i) the time the Shares such Stock Awards are converted into Vested Shares, or (ii) the termination of Participant’s employment with the CompanyCompany for any reason, whether voluntary or involuntary, with or without cause, including upon death or disability. Upon termination of this Agreement in accordance with clause (ii) above, the Participant’s rights to all of the Shares subject to the Stock Award not vested on the date that Participant ceases to be an employee shall be immediately and irrevocably forfeited and the Participant will retain no rights with respect to the forfeited Shares.