Termination of Services Clause Example from Business Contracts

This example Termination of Services clause appears in 2 contracts from 1 company

Termination of Services. Except as set forth in Paragraph 2 above, if the Grantee's service with the Company and its Subsidiaries terminates for any reason prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted 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 thereafter have any further rights or interests... in such unvested Restricted Share Units. View More