Common use of Vesting Conditions Clause in Contracts

Vesting Conditions. In order to become vested in any or all of the Units, Participant must remain continuously employed with Company through the applicable Vesting Date as set forth in Section 1.4. Except as otherwise provided in this Award Agreement, or absent a written agreement to the contrary, if Participant’s employment with Company terminates before a Vesting Date, for any reason other than those set forth in Section 1.5, then all unvested Units then held by Participant, if any, shall be forfeited by Participant, and Participant shall have no right to receive Common Stock in respect thereof.

Appears in 16 contracts

Samples: Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)

AutoNDA by SimpleDocs

Vesting Conditions. In order to become vested in any or all of the Units, Participant must remain continuously employed with Company through the applicable Vesting Date as set forth in Section 1.4. Except as otherwise provided in this Award Agreement, or absent a written agreement to the contrary, if Participant’s 's employment with Company terminates before a Vesting Date, for any reason other than those set forth in Section 1.5, then all unvested Units then held by Participant, if any, shall be forfeited by Participant, and Participant shall have no right to receive Common Stock in respect thereof.

Appears in 1 contract

Samples: Award Agreement (H&r Block Inc)

AutoNDA by SimpleDocs

Vesting Conditions. In order to become vested in any or all of the Units, Participant must remain continuously employed with Company through the applicable Vesting Date as set forth in Section 1.41.4 or Section 1.5. Except as otherwise provided in this Award Agreement or the Employment Agreement, or absent a written agreement to the contraryterms of which are incorporated herein, if Participant’s employment with Company terminates before a Vesting Date, Date for any reason other than those set forth in Section 1.51.5 and the Employment Agreement, then all unvested Units then held by ParticipantUnits, if any, shall be forfeited by Participant, and Participant shall have no right to receive shares of Common Stock in respect thereofrelated thereto.

Appears in 1 contract

Samples: Award Agreement (H&r Block Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.