Common use of For Any Other Reason Clause in Contracts

For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Section 3(a), the Restricted Shares shall be forfeited in their entirety without any payment to the Participant.

Appears in 6 contracts

Samples: Indemnification Agreement (Health Insurance Innovations, Inc.), Employment Agreement (Health Insurance Innovations, Inc.), Employment Agreement (Health Insurance Innovations, Inc.)

AutoNDA by SimpleDocs

For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Section 3(a), the Restricted Shares shall be forfeited in their entirety without any payment to the ParticipantParticipant or, in the Committee’s sole discretion, if required pursuant to applicable law to effect such forfeiture, the Company may repurchase the Restricted Shares at their par value.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Kosmos Energy Ltd.), Restricted Stock Award Agreement (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

For Any Other Reason. In the event of the Participant’s Termination of Service at any time under circumstances not described in Section 3(a) or 3(b)[(iii)], the Restricted Shares shall be forfeited in their entirety without any payment to the ParticipantParticipant or, in the Committee’s sole discretion, if required pursuant to applicable law to effect such forfeiture, the Company may repurchase the Restricted Shares at their par value.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Kosmos Energy Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.