Termination of Services Clause Example with 4 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 your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Stock Units for which the 2 restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Stock Units shall be forfeited to the Company. The Restricted Stock Units for which the restrictions have lapsed as of the date of such termination, including Restricted Stock Units for which the restrictions lapsed in connection with such ...termination, shall not be forfeited to the Company and shall be settled as set forth in Section 6. View More
Found in FAIRMOUNT SANTROL HOLDINGS INC. contract

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

Termination of Services. If Subject to Section 34, if your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Stock Units Shares for which the 2 restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Stock Units Shares shall be forfeited to the Company. The Restricted Stock Units Shares for which the restrictions have lapsed as of the date of such termination, including Restricted Stock Units for which t...he restrictions lapsed in connection with such termination, termination shall not be forfeited to the Company and shall be settled as set forth in Section 6. Company. View More
Found in REATA PHARMACEUTICALS INC contract
Termination of Services. If Except as otherwise provided in the Notice of Grant, if your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Stock Units Shares for which the 2 restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Stock Units Shares shall be forfeited to the Company. The Restricted Stock Units Shares for which the restrictions have lapsed as of the date of such termination, including Rest...ricted Stock Units for which the restrictions lapsed in connection with such termination, termination shall not be forfeited to the Company and shall be settled as set forth in Section 6. Company. View More
Found in TELLURIAN INC. contract
Termination of Services. If (a) Termination Generally. Subject to subsection (c), if your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Stock Units for which the 2 restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Stock Units shall be forfeited to the Company. The Restricted Stock Units for which the restrictions have lapsed as of the date of such termination, including Restricted Stock Units f...or which the restrictions lapsed in connection with such termination, shall not be forfeited to the Company and shall be settled as set forth in Section 6. 5. (b) Corporate Change. In the event that a Corporate Change occurs prior to any portion of the Restricted Stock Units becoming vested, 100% of the unvested Restricted Stock Units shall immediately become vested and shall be settled as set forth in Section 5. (c) Effect of Employment Agreement. Notwithstanding any provision herein to the contrary, in the event of any inconsistency between this Section 7 and any employment agreement entered into by and between you and the Company or its Subsidiaries, the terms of the employment agreement shall control. View More
Found in TRECORA RESOURCES contract
Termination of Services. If Subject to Section 31 and your Notice of Grant, if your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Stock Units for which the 2 restrictions Forfeiture Restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Stock Units shall be forfeited to the Company. The Restricted Stock Units for which the restrictions Forfeiture Restrictions have lapsed as of the date of such termi...nation, including Restricted Stock Units for which the restrictions lapsed in connection with such termination, shall not be forfeited to the Company and shall be settled as set forth in Section 6. 4. View More
Found in Energy XXI Gulf Coast, Inc. contract