Termination of RSUs. In the event that the Participant ceases to be an Employee, Consultant or member of the Board, as applicable, for any reason prior to the applicable Vesting Date, all RSUs that have not vested as of the date of such termination (after taking into consideration any accelerated vesting that may apply, if any (it being understood that no accelerated vesting shall apply in connection with any termination occurring prior to _______)) shall thereupon automatically be forfeited by the Participant as of such date of termination without payment of any consideration therefor. The Participant's signature below indicates the Participant's agreement with and understanding that this award of RSUs is subject to all of the terms and conditions contained in the Plan and in this Agreement (including Appendix A), and that, in the event that there are any inconsistencies between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control. In addition, by signing below, the Participant acknowledges that the Company, in its sole discretion, may satisfy any withholding obligations in accordance with Section 7 of Appendix A attached to this Agreement by (i) withholding shares of Stock otherwise issuable to the Participant upon payment of the RSUs or (ii) using any other method permitted by Section 7 of Appendix A attached to this Agreement or the Plan. If the Participant is married, his or her spouse has signed the Consent of Spouse attached to this Agreement as Exhibit A. THE PARTICIPANT FURTHER ACKNOWLEDGES THAT THE PARTICIPANT HAS READ AND UNDERSTANDS THE PLAN AND THIS AGREEMENT, INCLUDING APPENDIX A HERETO, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS GRANT OF RSUs AND DIVIDEND EQUIVALENT RIGHTS. ▇▇▇▇▇▇ REALTY CORPORATION,a Maryland corporation ________________________________ PARTICIPANT: _________________________________ ▇▇▇▇▇▇ REALTY CORPORATION,a Maryland corporation ________________________________
Appears in 1 contract
Sources: Restricted Stock Unit Agreement (Kilroy Realty, L.P.)
Termination of RSUs. In the event that the Participant ceases to be an Employee, Consultant or member of the Board, as applicable, for any reason prior to the applicable Vesting Date, all RSUs that have not vested as of the date of such termination (after taking into consideration any accelerated vesting that may apply, if any (it being understood that no accelerated vesting shall apply in connection with any termination occurring prior to _______)any) shall thereupon automatically be forfeited by the Participant as of such date of termination without payment of any consideration therefor. The Participant's signature below indicates the Participant's agreement with and understanding that this award of RSUs is subject to all of the terms and conditions contained in the Plan Program and in this Agreement (including Appendix A), and that, in the event that there are any inconsistencies between the terms of the Plan Program and the terms of this Agreement, the terms of the Plan Program shall control. In addition, by signing below, the Participant acknowledges that the Company, in its sole discretion, may satisfy any withholding obligations in accordance with Section 7 of Appendix A attached to this Agreement by (i) withholding shares of Stock otherwise issuable to the Participant upon payment of the RSUs or (ii) using any other method permitted by Section 7 of Appendix A attached to this Agreement or the Plan. If the Participant is married, his or her spouse has signed the Consent of Spouse attached to this Agreement as Exhibit A. THE PARTICIPANT FURTHER ACKNOWLEDGES THAT THE PARTICIPANT HAS READ AND UNDERSTANDS THE PROGRAM, THE PLAN AND THIS AGREEMENT, INCLUDING APPENDIX A HERETO, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS GRANT OF RSUs AND DIVIDEND EQUIVALENT RIGHTS. ▇K▇▇▇▇▇ REALTY CORPORATION,a Maryland corporation ________________________________ PARTICIPANT: _________________________________ ▇K▇▇▇▇▇ REALTY CORPORATION,a Maryland corporation ________________________________
Appears in 1 contract
Sources: Restricted Stock Unit Agreement (Kilroy Realty, L.P.)