Forfeiture Events. If (a) the Grantee terminates his service as a director of the Company, except for a termination due to the Grantee’s death or disability, or (b) the Grantee’s service as a director is terminated pursuant to a Removal for Cause (as defined in the Plan), all Shares subject to the Restrictions as of the date of any such termination shall be forfeited on such date.
Appears in 5 contracts
Samples: Restricted Stock Agreement (American Capital Agency Corp), Restricted Stock Agreement (American Capital Agency Corp), Restricted Stock Agreement (American Capital Agency Corp)
Forfeiture Events. If (a) the Grantee terminates his service as a director of the Company, except for a termination due to the Grantee’s 's death or disabilitydisability or pursuant to the Company's Director Resignation Policy, or (b) the Grantee’s 's service as a director is terminated pursuant to a Removal for Cause (as defined in the Plan), all Shares subject to the Restrictions as of the date of any such termination shall be forfeited on such date.
Appears in 1 contract
Samples: Restricted Stock Agreement (American Capital Agency Corp)
