Other Separation from Service. (a) Except as otherwise clearly specified in a duly executed, written, valid and binding agreement between you and the Company, if you incur a Separation from Service before the end of the applicable Vesting Date for any reason other than death, you will immediately forfeit any unvested RSUs. (b) For the purposes of the letter agreement, your employment by a Subsidiary of the Company shall be considered terminated on the date that the company by which you are employed is no longer a Subsidiary of the Company.
Appears in 7 contracts
Sources: Restricted Stock Unit Agreement (Ormat Technologies, Inc.), Restricted Stock Unit Agreement (Ormat Technologies, Inc.), Employment Agreement (Ormat Technologies, Inc.)