Termination of RSUs. If any RSUs are forfeited hereunder, such unvested, forfeited RSUs, without payment of any consideration by the Company, shall automatically terminate without any other action by the Participant or the Participant’s Beneficiary, as the case may be.
Appears in 2 contracts
Sources: Restricted Stock Unit Award Agreement (Unocal Corp), Restricted Stock Unit Award Agreement (Unocal Corp)