Termination Without Cause Prior to Release Date. In the event of termination by the Company of Executive’s employment without “Cause” (as defined below) prior to the earlier of the third anniversary of the Grant Date (the “Expiration Date”) and the Release Date, the Shares shall be fully vested and the forfeiture restriction shall lapse as of the date of termination of employment by the Company.
Appears in 1 contract
Sources: Performance Vesting Share Agreement (Digimarc Corp)
Termination Without Cause Prior to Release Date. In the event of termination by the Company of Executive’s 's employment without “"Cause” " (as defined below) prior to the earlier of the third anniversary of the Grant Date (the “"Expiration Date”") and the Release Date, the Shares shall be fully vested and the forfeiture restriction shall lapse as of the date of termination of employment by the Company.
Appears in 1 contract
Sources: Performance Vesting Share Agreement (Digimarc Corp)