Certain Forfeitures. Notwithstanding anything contained herein to the contrary, in the event that a Liquidity Event has not occurred as of August 31, 2017, the entire Award (whether or not vested) shall be immediately forfeited with no consideration due the Participant in respect thereof.
Appears in 2 contracts
Sources: Stock Appreciation Right Award Agreement (Emtec Inc/Nj), Stock Appreciation Right Award Agreement (Emtec Inc/Nj)