Common use of Vesting, Restrictions, Forfeiture, and Lapse of Restrictions Clause in Contracts

Vesting, Restrictions, Forfeiture, and Lapse of Restrictions. The Restricted Stock Units subject hereto may be canceled or forfeited as set forth herein. Except as otherwise noted in this Agreement, the following summary table describes restrictions and terms, forfeiture, and lapse of restrictions, subject to the more detailed provisions set forth below: Layoff Any date after grant date Restrictions lapse on Termination date Disability Any date after grant date Restrictions lapse on Termination date Death Any date after grant date Restrictions lapse on Termination date Divestitures, outsourcing, and moves to joint ventures Any date after grant date Canceled upon Termination, unless approval otherwise All other Terminations To the extent vested Restrictions lapse on vesting date, unless elected to delay lapsing To the extent not vested Canceled upon Termination