Examples of Good Leaver Termination in a sentence
Any unvested RSUs that do not vest pursuant to the foregoing sentence shall be forfeited immediately and automatically to the Company, without the payment of any consideration to the Participant, effective upon the Good Leaver Termination.
All changes in the net position are reported when the underlying event giving rise to the change occurs, regardless of the timing of related cash flows.
Any unvested portion of the options that does not vest pursuant to the foregoing sentence shall terminate immediately and automatically effective upon the Good Leaver Termination.
The vesting conditions relating to the Performance Rights are as follows: o Each Tranche 1 Performance Right will vest upon the first to occur of: (i) the Company obtaining a credit approved term sheet and committed equity to fund the construction and commissioning of the Company’s Goulamina project, including working capital and cost overruns; (ii) a Change of Control Event; and (iii) a Good Leaver Termination Event.
Xxxxx and the Companies mutually agree that Xxxxx'x employment with the Companies shall cease effective the Date of Termination, and that the cessation of Xxxxx'x employment shall be treated as a "Good Leaver Termination" for purposes of the Employment Agreement and a "Qualifying Termination" for purposes of the Severance Plan.