Examples of Performance Reasons in a sentence
However, if the Termination Event was for Performance Reasons, the Management Stockholder shall Forfeit those shares of Restricted Stock that are not Non-Forfeitable Shares on the effective date of the Termination Event.
If the employment of the Optionee was terminated by the Company for Cause or for Performance Reasons, then all shares subject to this Option shall cease vesting on the date of the Termination Event.
If the employment of the Optionee was terminated (A) by the Optionee for Good Reason or (B) by the Company without Cause (provided that the termination was not for Performance Reasons), then the shares subject to this Option shall continue to vest for one (1) year following the date of the Termination Event.
A) The Company shall have the right to terminate the Executive’s employment with the Company at any time for any reason, including for Executive’s Disability, Performance Reasons or with or without Cause (all terms as defined in this Agreement).
However, if the Termination Event was for Performance Reasons, the Management Stockholder shall Forfeit those shares of Restricted Stock that are not Termination Non-Forfeitable Shares on the effective date of the Termination Event.