Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than death or Disability, the RSUs shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
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Samples: Restricted Stock Unit Award Agreement (Garrett Motion Inc.)
Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than death or Disabilityas provided for by Section 2(b) hereof, the all outstanding and unvested RSUs shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
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Samples: Restricted Stock Unit Award Agreement (Diamond Offshore Drilling, Inc.)
Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than death or Disabilityas provided for by this Section , the all outstanding and unvested RSUs shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all RSUs, whether vested or unvested, shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Garrett Motion Inc.)
Other Terminations of Service. Upon In the occurrence event of a termination of the Participant’s Service for any reason other than death due to a Qualifying Termination or Disabilitya Death/Disability Termination, all then-unvested RSUs will immediately and automatically be cancelled and forfeited as of the RSUs shall immediately be forfeited and cancelleddate of such termination without consideration therefor, except as otherwise determined by the Administrator or provided in a binding written agreement between Participant and the Participant shall not be entitled to any compensation or other amount with respect theretoCompany.
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Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than death or Disabilityas contemplated by Section 2(c) hereof, the all outstanding and unvested RSUs shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.. Notwithstanding anything to the contrary herein, upon
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Daseke, Inc.)