Common use of Unvested Units Clause in Contracts

Unvested Units. If the Participant’s employment with the Company or any of its Subsidiaries is terminated by the Company or any such Subsidiary, if the Participant terminates employment with the Company or any of its Subsidiaries, or if the Participant dies or becomes disabled, the Participant shall immediately forfeit all of the Unvested Units previously granted to the Participant pursuant to this Agreement.

Appears in 4 contracts

Samples: Unit Award Agreement (Hydrofarm Holdings Group, Inc.), Unit Award Agreement (Hydrofarm Holdings Group, Inc.), Unit Award Agreement (Hydrofarm Holdings Group, Inc.)

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