Common use of Events Triggering Forfeiture Clause in Contracts

Events Triggering Forfeiture. The forfeitures specified in Section 6(a) will be triggered upon the occurrence of the following Forfeiture Event at any time during Grantee’s employment by the Corporation or during the noncompetition period following Termination of Employment specified in any agreement between the Corporation and Grantee in existence at the Date of Grant (the “Restrictive Covenant Agreement”): Grantee, directly or indirectly, seeks or accepts employment with or provides professional services, directly or indirectly, to a “Competitor” in violation of the Restrictive Covenant Agreement. For purposes of this Section 6(b) and the second sentence of Section 2(d), references to the “Corporation” include any subsidiary, affiliate or joint venture of the Corporation. The non-occurrence of the Forfeiture Event set forth herein is a condition to Grantee’s right to realize and retain value from the RSUs, shall remain a condition regardless of any subsequent change or challenge to or termination of such other agreement referenced herein and the consequences hereunder if Grantee engages in an activity giving rise to any such Forfeiture Event or the forfeitures specified in Section 6(a).

Events Triggering Forfeiture. The forfeitures specified in Section 6(a) will be triggered upon the occurrence of the following Forfeiture Event at any time during Grantee’s employment by the Corporation or during the noncompetition period following Termination of Employment specified in any agreement between the Corporation and Grantee in existence at the Date of Grant (the “Restrictive Covenant Agreement”): Grantee, directly or indirectly, seeks or accepts employment with or provides professional services, directly or indirectly, to a “Competitor” in violation of the Restrictive Covenant Agreement. For purposes of this Section 6(b) and the second sentence of Section 2(dSections 2(e) and 2(f), references to the “Corporation” include any subsidiary, affiliate or joint venture of the Corporation. The non-occurrence of the Forfeiture Event set forth herein is a condition to Grantee’s right to realize and retain value from the RSUsPRSUs, and shall remain a condition regardless of any subsequent change or challenge to or termination of such other agreement referenced herein herein, and the consequences hereunder if Grantee engages in an activity giving rise to any such Forfeiture Event or are the forfeitures specified in Section 6(a).

Events Triggering Forfeiture. The forfeitures specified in Section 6(a) will be triggered upon the occurrence of the following Forfeiture Event at any time during Grantee’s employment by the Corporation or during the noncompetition period following Termination of Employment specified in any agreement between the Corporation and Grantee in existence at the Date of Grant (the “Restrictive Covenant Agreement”): Grantee, directly or indirectly, seeks or accepts employment with or provides professional services, directly or indirectly, to a “Competitor” in violation of the Restrictive Covenant Agreement. For purposes of this Section 6(b) and the second sentence of Section Sections 2(d) and 2(e), references to the “Corporation” include any subsidiary, affiliate or joint venture of the Corporation. The non-occurrence of the Forfeiture Event set forth herein is a condition to Grantee’s right to realize and retain value from the RSUs, and shall remain a condition regardless of any subsequent change or challenge to or termination of such other agreement referenced herein and the consequences hereunder if Grantee engages in an activity giving rise to any such Forfeiture Event or are the forfeitures specified in Section 6(a).. 5

Events Triggering Forfeiture. The forfeitures specified in Section 6(a) will be triggered upon the occurrence of the following Forfeiture Event at any time during Grantee’s 5 employment by the Corporation or during the noncompetition period following Termination of Employment specified in any agreement between the Corporation and Grantee in existence at the Date of Grant (the “Restrictive Covenant Agreement”): Grantee, directly or indirectly, seeks or accepts employment with or provides professional services, directly or indirectly, to a “Competitor” in violation of the Restrictive Covenant Agreement. For purposes of this Section 6(b) and the second sentence of Section Sections 2(d) and 2(e), references to the “Corporation” include any subsidiary, affiliate or joint venture of the Corporation. The non-occurrence of the Forfeiture Event set forth herein is a condition to Grantee’s right to realize and retain value from the RSUsPRSUs, and shall remain a condition regardless of any subsequent change or challenge to or termination of such other agreement referenced herein herein, and the consequences hereunder if Grantee engages in an activity giving rise to any such Forfeiture Event or are the forfeitures specified in Section 6(a).