Termination of Services Clause Example with 7 Variations from Business Contracts

This page contains Termination of Services clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination of Services. If the Grantee's service with the Company 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 u...nvested Restricted Stock Units. View More

Variations of a "Termination of Services" Clause from Business Contracts

Termination of Services. If the Grantee's service employment with the Company and its Subsidiaries terminates for any reason (including death (other than death, Disability, termination of employment by the Company without Cause or disability) termination of employment by the Grantee for Good Reason) 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 neith...er 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. View More
Termination of Services. If the Grantee's service with as a member of the Company and its Subsidiaries Board 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, unless the Administrator otherwise determines, in its sole discretion, within three months following the date of termination, to accelerate all... or any portion of such unvested Restricted Stock Units, 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. View More
Termination of Services. If Except as set forth in Paragraph 2 above, if the Grantee's service with the Company 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 Share 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 therea...fter have any further rights or interests in such unvested Restricted Stock Share Units. View More
Termination of Services. If Except as otherwise provided herein, if the Grantee's service with the Company and its Subsidiaries terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 Section 3, 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 therea...fter have any further rights or interests in such unvested Restricted Stock Units. View More
Termination of Services. If the Grantee's service with the Company and its Subsidiaries as a Non-Employee Director terminates for any reason (including (other than 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 an...y further rights or interests in such unvested Restricted Stock Units. View More
Termination of Services. If the Grantee's service with the Company and its Subsidiaries as a Director terminates for any reason (including (other than 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 rig...hts or interests in such unvested Restricted Stock Units. View More
Termination of Services. If the Grantee's service with as a member of the Company and its Subsidiaries Board 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 o...r interests in such unvested Restricted Stock Units. View More