Cessation of Employment or Service. Should Participant’s Continuous Status as an Employee, Consultant or Director cease for any reason prior to vesting in one or more Shares subject to this Award, then the Award shall be immediately cancelled with respect to those unvested Shares. Participant shall thereupon cease to have any right or entitlement to receive any Shares under those cancelled RSUs. Notwithstanding the foregoing, in the event Participant’s employment terminates in a manner that entitles him to the equity acceleration benefits (the “Acceleration Benefits”) described in Section 8 or 9 of that certain Amended and Restated Executive Employment Agreement by and between the Company and Participant effective as of February 22, 2012 (the “Employment Agreement”), solely for purposes of determining the number of the Shares underlying the RSUs that will vest upon such termination of employment pursuant to the Acceleration Benefits, (i) to the extent the number of Earned RSUs has not been determined by the Compensation Committee as of the date Participant’s employment terminates, the number of Earned RSUs subject to vesting shall be the Target Number of RSUs and (ii) the Acceleration Benefits shall be calculated as of the date of Participant’s Separation from Service (as defined in the Employment Agreement), including in such case as the Performance Period has not concluded as of such date.
Cessation of Employment or Service. If the (i) Participant ceases to be employed by or serve the Company or any of its Subsidiaries as an Employee, Nonemployee Director, Independent Contractor or otherwise for any reason, including, without limitation, death, Disability, with or without Cause, the Stock Units shall, to the extent not then vested, be immediately forfeited on the date of such cessation of employment or services, or (ii) Participant ceases to be employed by or serve the Company or any of its Subsidiaries as an Employee, Nonemployee Director, Independent Contractor or otherwise for Cause after an applicable Vesting Date, but before the delivery of the shares of Common Stock or cash as described in Section 5 above, the Stock Units which vested on such Vesting Date shall immediately be forfeited on the date of such cessation of employment or services. The Participant shall have no further right to the delivery of any shares of Common Stock or cash represented by any forfeited Stock Units.
Cessation of Employment or Service. Should Participant’s Continuous Status as an Employee, Consultant or Director cease for any reason prior to vesting in one or more Shares subject to this Award, then the Award will be immediately cancelled with respect to those unvested Shares. Participant shall thereupon cease to have any right or entitlement to receive any Shares under those cancelled units.
Cessation of Employment or Service. If the (i) Participant ceases to be employed by or serve the Company or any of its Subsidiaries as an Employee, Nonemployee Director, Independent Contractor or otherwise for any reason, including, without limitation, death, Disability, with or without Cause, on or prior to December 31, 2010, or (ii) Participant ceases to be employed by or serve the Company or any of its Subsidiaries as an Employee, Nonemployee Director, Independent Contractor or otherwise for Cause after December 31, 2010, but before the delivery of the shares of Common Stock or cash as described in Section 5 above, the Performance Units shall immediately be forfeited on the date of such cessation of employment or services and the Participant shall have no further right to the delivery of any shares of Common Stock or cash represented by such Performance Units.
Cessation of Employment or Service. If a Grantee or where the Grantee is not a natural person, the Executive, ceases for any reason or no reason, whether voluntarily or involuntarily, with or without cause, whether pursuant to death, disability or retirement or otherwise, to be employed by the Company or otherwise provide services to the Company, such Grantee or Executive shall have the right, subject to the restrictions referred to in 13 hereof to exercise the Option at any time within ninety (90) days after such cessation, but only to the extent that, at the date of such cessation, the Grantee's right to exercise the Option had vested hereunder and had not previously been exercised.
Cessation of Employment or Service. If Optionee shall cease to be employed by, or provide services to, the Company, or any Parent, Subsidiary or Affiliate, for any reason other than Optionee's death or disability, the Option shall expire thirty (30) days thereafter, or on the expiration date specified in Section 2 hereof, whichever is earlier. Before such expiration, Optionee shall have the right to exercise the Option as to those Shares with respect to which installments, if any, had accrued under Section 2 hereof. Notwithstanding the foregoing, any transfer of Optionee's employment or service between or among the Company, or any Parent, Subsidiary or Affiliate, will not be deemed a termination of employment or service for purposes of this Section 4.
Cessation of Employment or Service. Upon termination of the Participant's employment or services for any reason prior to the Payment Date, the Performance Shares shall be immediately forfeited on the date of such cessation of employment or services. The Participant shall have no further right to any forfeited Performance Shares.
Cessation of Employment or Service
