Common use of Termination of Service Relationship Clause in Contracts

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 12 contracts

Samples: Restricted Stock Unit Award Agreement (Pardes Biosciences, Inc.), Restricted Stock Unit Award Agreement (Amylyx Pharmaceuticals, Inc.), Restricted Stock Unit Award Agreement (BridgeBio Pharma, Inc.)

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Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement for Company Employees (Karuna Therapeutics, Inc.), Stock Option and Incentive Plan (Triller Corp.), Restricted Stock Unit Award Agreement (Allurion Technologies, Inc.)

Termination of Service Relationship. If Subject to Paragraph 2, if the Grantee’s Service Relationship service relationship with the Company or a Subsidiary any of its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Tpi Composites, Inc), Restricted Stock Unit Award Agreement (Tpi Composites, Inc), Restricted Stock Unit Award Agreement (Tpi Composites, Inc)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph Section 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her Xxxxxxx’s successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Zapata Computing Holdings Inc.), Restricted Stock Unit Award Agreement (Environmental Impact Acquisition Corp)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary or any successor entity terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Radius Health, Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship service relationship with the Company or a Subsidiary and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Blueprint Medicines Corp)

Termination of Service Relationship. If Except as may otherwise be set forth in Schedule 1 of this Agreement, if the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Dynatrace, Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including other than death or permanent disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement for Company Employees (Moderna, Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Sagimet Biosciences Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, then, except as expressly provided in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Cullinan Oncology, Inc.)

Termination of Service Relationship. If Subject to Paragraph 2, if the Grantee’s Service Relationship service relationship with the Company or a Subsidiary any of its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be ACTIVE/80734254.2 forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Tpi Composites, Inc)

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Termination of Service Relationship. If Except as may otherwise be set forth in Schedule 1 of this Agreement , if the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Global Restricted Stock Unit Award Agreement (Dynatrace, Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Polarityte, Inc.)

Termination of Service Relationship. If Subject to Paragraph 2 above, if the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Open Lending Corp)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction in full of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested forfeited Restricted Stock Units.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (EQRx, Inc.)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph Section 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her Gxxxxxx’s successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Aware Inc /Ma/)

Termination of Service Relationship. If the Grantee’s Service Relationship with the Company or a Subsidiary terminates for any reason (including death or disability) prior to the satisfaction in full of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Akili, Inc.)

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