Examples of Termination of Employment by Employee in a sentence
In the event of Employee’s Termination of Employment by Employee without Good Reason (as defined below) or by the Company or any Group Entity for Cause, Restricted Stock Units not vested at the date of Termination will be forfeited.
In the event of Employee’s Termination of Employment by Employee for any reason (other than due to Retirement) or by the Company for Cause, the portion of the then-outstanding Units not vested at the date of Termination will be forfeited, and the portion of the then-outstanding Units that are vested and non-forfeitable at the date of Termination will be settled on the Settlement Date specified in the Agreement, except that any valid deferral election of Employee shall be given effect.
In no event shall the Termination of Employment by the Corporation without Cause, by Employee as described in Section 4.2(a) or by reason of a Failure to Extend be deemed to be a Termination of Employment by Employee pursuant to this Section 4.2(b).
In the event of Termination of Employment by Employee due to Retirement, the following rules apply: • Unvested SARs will not be forfeited, but will become immediately vested and exercisable in full.
In the event of Employee’s Termination of Employment by Employee for any reason (other than due to Retirement, death or Disability) or by the Company for Cause, the portion of the then-outstanding Restricted Stock not vested at the date of termination will be forfeited.
In the event of Employee’s Termination of Employment by Employee without Good Reason (as defined below) or by the Company or any Group Entity for Cause, Units not vested at the date of Termination of Employment will be forfeited.
In the event of Employee’s Termination of Employment by Employee without Good Reason or by the Employer for Cause, Restricted Stock Units not vested at the date of Termination will be forfeited.
Upon Termination of Employment by Employee for any reason other than a Termination governed by Section 3(b) or 3(d), or upon Termination of Employment by the Company for Cause, the number of RSUs not vested at the date of Termination will be forfeited, and the number of RSUs vested prior to the date of Termination will be settled on the date of Termination (or, if that is not practicable, within five business days after Termination), subject to Section 7(b) (if applicable).
For the avoidance of doubt, Employee’s Termination of Employment under the circumstances set forth in Section 5(a) of the Employment Agreement (as such Section 5(a) is in effect as of the Grant Date) shall be deemed a Termination of Employment by Employee without Good Reason (and shall not be considered a Termination of Employment by the Company or any Group Entity without Cause) for all purposes of this Agreement and these Terms and Conditions.
In the event of Employee's Termination of Employment by Employee without Good Reason or by the Employer for Cause, any outstanding Units that are not vested at the date of Termination will be forfeited, and any outstanding Units that are vested and non-forfeitable at the date of Termination will be settled on the Settlement Date specified in the Agreement.