Termination Prior to Vesting. If a teacher retires or otherwise terminates employment before satisfaction of the requirements by virtue of age and years of service in the Elkhart Community Schools, the terminated teacher’s VEBA account shall be forfeited. However, if a teacher who is otherwise qualified by virtue of age and years of experience dies, said teacher will be viewed as having vested in their VEBA.
Termination Prior to Vesting. Pursuant to Section 2.5 of the Restricted Stock Unit Agreement, if Participant incurs a Termination of Service prior to the applicable vesting date, all RSUs that have not become vested on or prior to the date of such Termination of Service will thereupon be automatically forfeited by Participant without payment of any consideration therefor. By his or her signature and the Company’s signature below, Participant agrees to be bound by the terms and conditions of the Plan, the Restricted Stock Unit Agreement and this Grant Notice. Participant has reviewed the Restricted Stock Unit Agreement, the Plan and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the Restricted Stock Unit Agreement and the Plan. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions arising under the Plan, this Grant Notice or the Restricted Stock Unit Agreement. NATIONAL SEMICONDUCTOR CORPORATION: PARTICIPANT: By: By: Print Name: Print Name: Title: EXHIBIT A TO RESTRICTED STOCK UNIT GRANT NOTICE RESTRICTED STOCK UNIT AGREEMENT
Termination Prior to Vesting. 8.1 MHC shall have the right to terminate the Option and this Agreement by giving thirty (30) days' written notice of such termination to MAI. Upon the effective date of termination, the Option and this Agreement shall be of no further force and effect, except that each party shall be required to satisfy any obligations which shall have accrued under the provisions of this Agreement prior to such date of termination and which have not been satisfied, including but not limited to MHC's obligations under Section 8.3.
Termination Prior to Vesting. If an Executive’s Service terminates prior to his earning any vested percentage on his Company matching contributions, his Service prior to such termination shall be disregarded for vesting purposes if he is reemployed after he has incurred 5 consecutive Breaks in Service.
Termination Prior to Vesting. If the Grantee’s Service with the Company (and its Subsidiaries) terminates for any reason during the Restricted Period, then the unvested portion (after giving effect to the vesting described in paragraph 2.1(b) above, if applicable) of the Award will be forfeited on the date of such termination of Service, without any further obligation of the Company to the Grantee and all rights of the Grantee with respect to the unvested Restricted Stock Units shall terminate.
Termination Prior to Vesting. If the vested percentage applicable to a Participant's Employer Account is 0% at the time his service terminates his Service prior to such termination shall be disregarded for vesting purposes if he is reemployed after he has incurred 5 consecutive Breaks in Service.
