Forfeiture Restrictions definition

Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

Forfeiture Restrictions shall have the meaning specified in Section 3(a) hereof.

Forfeiture Restrictions means any prohibitions and restrictions set forth herein or in the Plan with respect to the sale or other disposition of the Units and the obligation to forfeit such Units to the Company. Capitalized terms not otherwise defined in this Agreement shall have the meanings given to such terms in the Plan.

Examples of Forfeiture Restrictions in a sentence

• The Company shall not issue fractional shares and shall round to the nearest whole share when calculating vesting and lapsing of the Forfeiture Restrictions.

• The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of the Restricted Stock Units.

• To the extent that the Vesting Schedule provides for partial attainment against a performance target and such performance is achieved, then the Forfeiture Restrictions shall lapse as to the corresponding percentage of Restricted Stock Units set forth on the Vesting Schedule.

• Furthermore, if the Recipient incurs a Change of Control Termination after becoming vested in the Change of Control Payment, the Forfeiture Restrictions shall lapse as to all of the Time-Based Restricted Stock Units upon such Change of Control Termination.

• Upon each applicable Lapse Date of the Forfeiture Restrictions under Section 4 the Company shall deliver or cause to be delivered a number of Shares equal to the number of Units with respect to which the Forfeiture Restrictions have lapsed (subject to the satisfaction by the Holder of any Tax-Related Items arising under Section 8 of this Agreement).

More Definitions of Forfeiture Restrictions

Forfeiture Restrictions means the Forfeiture Restrictions as set forth in Section 3.1 herein.

Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Employee hereunder and the obligation to forfeit and surrender such shares to the Company.

Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of RSUs issued to the Recipient hereunder and the obligation to forfeit and surrender such RSUs to the Company.

Forfeiture Restrictions means the prohibitions and restrictions set forth herein with respect to the sale or other disposition of the Performance Units issued to the Executive hereunder and the obligation to forfeit and surrender such Performance Units to the Company.

Forfeiture Restrictions means the restrictions to which the Restricted Shares are subject as described in Section 3(a) hereof.

Forfeiture Restrictions means the prohibition on transfer of the Restricted Stock Units and the obligations to forfeit the Restricted Stock Units to the Company as set forth in Sections 4 and 5 of this Agreement.

Forfeiture Restrictions means the prohibitions and restrictions set forth herein with respect to the sale or other disposition of the Deferred Stock Units issued to the Executive hereunder and the obligation to forfeit and surrender such Deferred Stock Units to the Company. For Executive with Change in Control Agreement