Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) or Section 2(d) hereof, all outstanding and unvested Option Shares 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 Option Shares, 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 7 contracts
Samples: Non Qualified Stock Option Award Agreement (Daseke, Inc.), Non Qualified Stock Option Award Agreement (Daseke, Inc.), Non Qualified Stock Option Award Agreement (Daseke, Inc.)
Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated by Section 2(c) or Section 2(d) hereof, all outstanding and unvested Option Shares 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 Option Shares, 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 3 contracts
Samples: Non Qualified Stock Option Award Agreement (Daseke, Inc.), Non Qualified Stock Option Award Agreement (Daseke, Inc.), Non Qualified Stock Option Award Agreement (Daseke, Inc.)
Other Terminations of Service. Upon the occurrence of a termination of the Participant’s Service for any reason other than as contemplated provided for by Section 2(c) or Section 2(d2(b) hereof, all outstanding and unvested Option Shares Restricted Stock 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 Option SharesRestricted Stock, 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 2 contracts
Samples: Restricted Stock Award Agreement (Diamond Offshore Drilling, Inc.), Restricted Stock 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 as contemplated by Section 2(c2(b) or Section 2(d(c) hereof, all outstanding and the unvested portion of this Option Shares 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 Option Shares, 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: Employment Agreement (Volt Information Sciences, Inc.)