Common use of Termination of Service on the Board Clause in Contracts

Termination of Service on the Board. If the Grantee ceases to be a member of the Board prior to the vesting of the Restricted Share Units for any reason other than Grantee's death, all of the then unvested Restricted Share Units shall be forfeited by Grantee. If the Grantee ceases to be a member of the Board prior to the vesting of the Restricted Share Units by reason of Grantee's death, then such Restricted Share Units shall vest in full and not be forfeited.

Termination of Service on the Board. If the Grantee ceases to be a member of the Board prior to the vesting of the Restricted Share Units for any reason other than Grantee's ’s death, all of the then unvested Restricted Share Units shall be forfeited by Grantee. If the Grantee ceases to be a member of the Board prior to the vesting of the Restricted Share Units by reason of Grantee's ’s death, then such Restricted Share Units shall vest in full and not be forfeited.