Cessation of Employment Clause Example from Business Contracts

This example Cessation of Employment clause appears in 2 contracts from 1 company

Cessation of Employment. If the Participant's Employment ceases for any reason, except as expressly provided for in a written agreement between the Participant and the Company or one of its affiliates that is in effect at the time of such cessation of Employment, the RSUs, to the extent not then vested, will be immediately forfeited for no consideration.