Terminations of Service. Subject to Section 13 of the Plan, upon the occurrence of a termination of the Participant’s Service for any reason, the unvested portion of this Option shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
Appears in 1 contract
Sources: Non Qualified Stock Option Award Agreement (Red Rock Resorts, Inc.)
Terminations of Service. Subject to Section 13 of the Plan, upon Upon the occurrence of a termination of the Participant’s Service for any reasonwith the Company and its Affiliates, the unvested portion of this Option shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
Appears in 1 contract
Sources: Non Qualified Stock Option Award Agreement (Turning Point Brands, Inc.)
Terminations of Service. Subject to Section 13 of the Plan, upon the occurrence of a termination of the Participant’s Service for any reason, all outstanding and unvested Restricted Shares shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto. Notwithstanding anything to the contrary herein, upon a termination of the Participant’s Service for Cause, all unvested portion of this Option Restricted Shares shall immediately be forfeited and cancelled, and the Participant shall not be entitled to any compensation or other amount with respect thereto.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Red Rock Resorts, Inc.)