Common use of Conditions of Forfeiture Clause in Contracts

Conditions of Forfeiture. (a) Upon the occurrence of a Forfeiture Event (the “Termination Date”), all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Except as set forth in Section 3 above, upon any termination of a Forfeiture Event Participant’s Continuous Service (the “Termination Date”)) for any or no reason, including but not limited to Participant’s voluntary resignation or termination by the Company with or without cause, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Grantee’s Termination of a Forfeiture Event Service (the “Termination Date”) for any or no reason (other than due to Grantee’s death), including but not limited to Grantee’s voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence of a Forfeiture Event (the “"Termination Date”"), all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited and agrees to shall execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Gxxxxxx’s Continuous Service (the “Termination Date”) for any or no reason (other than due to Grantee’s death), including but not limited to Gxxxxxx’s voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon Except as otherwise provided in any written agreement between the occurrence Grantee and the Company, or unless the Board or the Committee determines otherwise, if Grantee’s service as an employee of the Company or, if not an employee of the Company, as a Forfeiture Event (director of the “Termination Company is interrupted or terminated prior to the Vesting Date”), all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested All Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by the Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his By acceptance of the Award granted pursuant to this AgreementAward, Grantee irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement Award regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Grantee’s Termination of a Forfeiture Event Service (the “Termination Date”)) for any reason except as a result of Grantee’s not being nominated for or elected to a new term as a Non-employee Director, or Grantee’s resignation at the request and for the convenience of the Company other than for “Cause” (as defined in Section 4(b) of this Agreement) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence effective date of a Forfeiture Event Grantee's Termination of Service (the “Termination Date”)) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited and agrees to shall execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon Subject to Section 15(g) of the occurrence Plan, upon any termination of a Forfeiture Event Participant’s Continuous Service (the “Termination Date”) for any or no reason (other than due to Participant’s death), including but not limited to Participant’s voluntary resignation or termination by the Company with or without cause, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Quanta Services, Inc. 2011 Omnibus Equity Incentive Plan - Restricted Stock Agreement Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Grantee’s Continuous Service (the “Termination Date”) for any or no reason (other than due to Grantee’s death or his becoming Disabled), including but not limited to Grantee’s voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company Company, including but not limited to one or more stock assignments separate from the certificate substantially in connection with the form of Exhibit B hereto, to facilitate such forfeiture and transfertransfer upon forfeiture. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Participant’s termination of a Forfeiture Event service for the Participant’s resignation or termination by the Company with Cause (as such term is defined in the “Termination Date”Employment Agreement), before all of the Award Shares become Vested Award Shares, all Unvested Awarded Award Shares as of the Termination Date date of Participant’s termination of service shall, without further action of any kind by the Company or Granteethe Participant, be forfeited. Unvested Awarded Award Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Granteethe Participant, and the Company shall have the full right to cancel any evidence of Granteethe Participant’s ownership of such forfeited Unvested Awarded Award Shares and to take any other action necessary to demonstrate that Grantee the Participant no longer owns such forfeited Unvested Awarded Award Shares automatically upon such forfeiture. Following such forfeiture, Grantee the Participant shall have no further rights with respect to such forfeited Unvested Awarded Award Shares. GranteeThe Participant, by his acceptance of the Restricted Stock Award granted pursuant to this Award Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Award Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Award Agreement regarding transfers of Unvested Awarded Award Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Xxxxxxx's Continuous Service (the “"Termination Date”") for any or no reason (other than due to Xxxxxxx's death, his becoming Disabled or his retirement at or after Normal Retirement Age), including but not limited to Grantee's voluntary resignation or removal by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to NON-EMPLOYEE DIRECTOR XXXXX [AS OF AUGUST 28, 2003] the Company and agrees to execute any documents requested by the Company Company, including but not limited to one or more stock assignments separate from the certificate substantially in connection with the form of Exhibit B hereto, to facilitate such forfeiture and transfertransfer upon forfeiture. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Grantee’s Termination of a Forfeiture Event Service (the “Termination Date”) for any or no reason (other than due to Grantee’s death), including but not limited to Grantee’s voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon Except in connection with the occurrence of a Forfeiture Event Change of Control, upon any termination of Participant’s Board Service (the “Termination Date”)) for any or no reason, including but not limited to Participant’s death, Disability, voluntary resignation or removal, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited; provided, that, in the event of Participant’s death, the Committee may, but is not obligated to, accelerate the vesting of any or all Unvested Awarded Shares. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Xxxxxxx's Continuous Service (the “"Termination Date”") for any or no reason (other than due to Xxxxxxx's death or his becoming Disabled), including but not limited to Xxxxxxx's voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company Company, including but not limited to one or more stock assignments separate from the certificate substantially in connection with the form of Exhibit B hereto, to facilitate such forfeiture and transfertransfer upon forfeiture. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.. SPECIAL LONG-TERM GRANT [AS OF AUGUST 28, 2003]

Conditions of Forfeiture. (a) Upon Subject to Section 15(g) of the occurrence Plan, upon any termination of a Forfeiture Event Participant’s Board Service (the “Termination Date”)) for any reason except as a result of (i) the death of Participant, (ii) Participant’s not being nominated for or elected to a new term as a member of the Board (a “Director”) or (iii) Participant’s resignation at the request and for the convenience of the Board other than for “Cause” (as defined in Section 4(b) of this Agreement) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.. Quanta Services, Inc. 2011 Omnibus Equity Incentive Plan - Restricted Stock Agreement

Conditions of Forfeiture. (a) Upon the occurrence effective date of a Forfeiture Event Grantee’s Termination of Service (the “Termination Date”)) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Xxxxxxx's Termination of a Forfeiture Event Service (the “"Termination Date”") for any or no reason (other than due to Grantee's death or, following the Merger, termination by the Company without Cause), including but not limited to Xxxxxxx's voluntary resignation or termination by the Company with Cause at any time or, prior to the Merger, by the Company without Cause, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and SWS GROUP, INC. 2012 RESTRICTED STOCK PLAN Page 3 –AWARD AGREEMENT FOR EMPLOYEES (AUGUST 2014) #86240894v6 agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Xxxxxxx's Continuous Service (the “"Termination Date”)") for any or no reason except as a result of Xxxxxxx's not being nominated for or elected to a new term as a Director, or Xxxxxxx's resignation at the request and for the convenience of the Company other than for "Cause" (as defined in Section 3(c) of this Agreement) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s 's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. , Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence effective date of a Forfeiture Event Xxxxxxx’s Termination of Service (the “Termination Date”)) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited and agrees to shall execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon Subject to Section 15(g) of the occurrence Plan, upon any termination of a Forfeiture Event Participant’s Continuous Service (the “Termination Date”) for any or no reason (other than due to Participant’s death), including but not limited to Participant’s voluntary resignation or termination by the Company with or without cause, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence any termination of a Forfeiture Event Xxxxxxx's Continuous Service (the “"Termination Date”") for any or no reason (other than due to Xxxxxxx's death, his becoming Disabled or his retirement at or after Normal Retirement Age), including but not limited to Xxxxxxx's voluntary resignation or termination by the Company with or without cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall SENIOR EXECUTIVE GRANT [AS OF AUGUST 28, 2003] have the full right to cancel any evidence of Grantee’s Xxxxxxx's ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company Company, including but not limited to one or more stock assignments separate from the certificate substantially in connection with the form of Exhibit B hereto, to facilitate such forfeiture and transfertransfer upon forfeiture. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Grantee’s Termination of a Forfeiture Event Service (the “Termination Date”)) for any reason except as a result of Xxxxxxx’s not being nominated for or elected to a new term as an Outside Director, or Xxxxxxx’s resignation at the request and for the convenience of the Company other than for Cause before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeXxxxxxx, and the Company shall have the full right to cancel any evidence of GranteeXxxxxxx’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon Subject to Section 15(g) of the occurrence Plan, upon any termination of a Forfeiture Event Participant’s Board Service (the “Termination Date”)) for any reason except as a result of (i) the death of Participant, (ii) Participant’s not being nominated for or elected to a new term as a member of the Board (a “Director”) or (iii) Participant’s resignation at the request and for the convenience of the Board other than for “Cause” (as defined in Section 4(b) of this Agreement) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.. Quanta Services, Inc. 2011 Omnibus Equity Incentive Plan — Restricted Stock Agreement (Non-Employee Director Award)

Conditions of Forfeiture. (a) Upon Except in connection with the occurrence of a Forfeiture Event Change of Control, upon any termination of Participant’s Continuous Service (the “Termination Date”)) for any or no reason, including but not limited to Participant’s death, Disability, voluntary resignation or termination by the Company with or without cause, before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or GranteeParticipant, be forfeited; provided, that, in the event of Participant’s death, the Committee may, but is not obligated to, accelerate the vesting of any or all Unvested Awarded Shares. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by GranteeParticipant, and the Company shall have the full right to cancel any evidence of GranteeParticipant’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee Participant no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee Participant shall have no further rights with respect to such forfeited Unvested Awarded Shares. GranteeParticipant, by his acceptance of the this Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company in connection with such forfeiture and transfer. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.

Conditions of Forfeiture. (a) Upon the occurrence Except as provided in Section 4(b) of a Forfeiture Event this Award, upon any termination of Grantee’s Continuous Service (the “Termination Date”)) before all of the Awarded Shares become Vested Awarded Shares, all Unvested Awarded Shares as of the Termination Date shall, without further action of any kind by the Company or Grantee, be forfeited. Unvested Awarded Shares that are forfeited shall be deemed to be immediately transferred to the Company without any payment by the Company or action by Grantee, and the Company shall have the full right to cancel any evidence of Grantee’s ownership of such forfeited Unvested Awarded Shares and to take any other action necessary to demonstrate that Grantee no longer owns such forfeited Unvested Awarded Shares automatically upon such forfeiture. Following such forfeiture, Grantee shall have no further rights with respect to such forfeited Unvested Awarded Shares. Grantee, by his acceptance of the Award granted pursuant to this Agreement, irrevocably grants to the Company a power of attorney to transfer to the Company Unvested Awarded Shares that are forfeited to the Company and agrees to execute any documents requested by the Company Company, including but not limited to one or more stock assignments separate from the certificate substantially in connection with the form of Exhibit B hereto, to facilitate such forfeiture and transfertransfer upon forfeiture. The provisions of this Agreement regarding transfers of Unvested Awarded Shares that are forfeited shall be specifically performable by the Company in a court of equity or law.