Failure of Vesting Restrictions. By executing this Award, you acknowledge and agree that if your Continuous Service terminates under circumstances that do not result in accelerated vesting pursuant to Section 2 above, you will irrevocably forfeit any and all unvested rights under this Award, and this Award will immediately become null, void, and unenforceable.
Appears in 7 contracts
Samples: Stock Incentive Plan (Sciele Pharma, Inc.), Sar Award Agreement (Versar Inc), Sar Award Agreement (Iberiabank Corp)
Failure of Vesting Restrictions. By executing this Award, you acknowledge and agree that if your Continuous Service terminates under circumstances prior to the date that do not result you satisfy the vesting requirements for unvested Shares set forth in Section 1 of this Award (and subject to any accelerated vesting pursuant to Section Sections 2 or 3 above), you will irrevocably forfeit any and all rights to unvested rights Shares under this Award, and this Award with respect to such unvested Shares will immediately become null, void, and unenforceable.
Appears in 3 contracts
Samples: Agreement (UTi WORLDWIDE INC), Restricted Share Unit Award Agreement (UTi WORLDWIDE INC), UTi WORLDWIDE INC
Failure of Vesting Restrictions. By executing this Award, you acknowledge and agree that if your Continuous Service terminates under circumstances that do not result in accelerated vesting pursuant to Section 2 above, you will irrevocably forfeit any and all unvested rights under this Award, and this Award will immediately become null, void, void and unenforceable.
Appears in 2 contracts
Samples: Award Agreement (Independence Holding Co), 2016 Stock Incentive Plan (Independence Holding Co)
Failure of Vesting Restrictions. By executing this Award, you acknowledge and agree that if your Continuous Service terminates under circumstances that do not result in accelerated vesting pursuant to Section 2 1 above, you will irrevocably forfeit any and all unvested rights under this Award, and this Award will immediately become null, void, and unenforceable.
Appears in 1 contract
