YHOO » Topics » Termination of Employment.

This excerpt taken from the YHOO 10-Q filed May 5, 2006.
Termination of Employment. In the event of the termination of Grantee’s employment or service with the Company, Parent, Subsidiary or any Affiliate for any reason prior to the lapsing of the restrictions in accordance with Section 2(c) hereof with respect to any of the Restricted Stock Units granted hereunder , such portion of the Restricted Stock Units held by Grantee shall be automatically forfeited by the Grantee as of the date of termination.1  Neither the Grantee nor any of the Grantee’s successors, heirs, assigns or personal representatives shall have any rights or interests in any Restricted Stock Units that are so forfeited.

 

(f)           

This excerpt taken from the YHOO 10-Q filed Aug 5, 2005.
Termination of Employment.  In the event of the termination of Grantee’s employment or service with the Company, Parent, Subsidiary or any Affiliate for any reason prior to the lapsing of the restrictions in accordance with Section 2(c) hereof with respect to any of the Restricted Stock Units granted hereunder, such portion of the Restricted Stock Units held by Grantee shall be automatically forfeited by the Grantee as of the date of termination.(1)  Neither the Grantee nor any of the Grantee’s successors, heirs, assigns or personal representatives shall have any rights or interests in any Restricted Stock Units that are so forfeited.

 

(f)                                   

This excerpt taken from the YHOO 8-K filed May 25, 2005.
Termination of Employment.  Notwithstanding Section 2(b), in the event of the termination of Grantee’s employment or service with the Company, Parent, Subsidiary or any Affiliate for any reason prior to the lapsing of restrictions in accordance with Section 2(d) with respect to any portion of the Restricted Stock granted hereunder, such portion of the Restricted Stock held by the Grantee shall be automatically forfeited by the Grantee as of the date of termination.(1)

 


(1)

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