Common use of Effect of Termination of Services Clause in Contracts

Effect of Termination of Services. Except as otherwise provided in the Plan, or as set forth in any employment, consulting or other agreement between the Company or an Affiliate and the Participant in effect on the date hereof, if the Participant’s employment with the Company terminates prior to any Vesting Date for any reason, all remaining Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Effect of Termination of Services. Except as otherwise provided in the Plan, or as set forth in any employment, consulting or other agreement between the Company or an Affiliate and the Participant in effect on the date hereof, if the Participant’s employment with the Company terminates prior to any Vesting Date for any reason, all remaining Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

Effect of Termination of Services. Except as otherwise provided in the Plan, or as set forth in any employment, consulting or other agreement between the Company or an Affiliate and the Participant in effect on the date hereof, if the Participant’s employment with the Company terminates prior to any Vesting Date for any 0000 XXX Equity Grants – US Top Executives reason, all remaining Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Effect of Termination of Services. (i) Except as otherwise provided in the Plan, or as set forth in any employment, consulting or other agreement between the Company or an Affiliate and the Participant in effect on the date hereofbelow, if the Participant’s employment with the Company terminates prior to any the Vesting Date for any reason, all remaining Restricted Stock Units credited to the Account shall be forfeited without further consideration to the Participant.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (ExlService Holdings, Inc.)

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