Common use of Forfeiture of Restricted Stock Clause in Contracts

Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon:

Appears in 4 contracts

Samples: Restricted Stock Grant Agreement (Freedom Holding Corp.), Restricted Stock Grant Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement (Healthcare Integrated Technologies Inc.)

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Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon:upon the termination by you, the Company or its Subsidiaries of your employment for any reason other than those set forth in Section 4 hereof prior to such vesting.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Community Health Systems Inc), Restricted Stock Award Agreement (Community Health Systems Inc)

Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon:upon the termination by the Grantee's service as a member of the Board of Directors for any reason other than those set forth in Section 4 hereof prior to such vesting.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Community Health Systems Inc)

Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon:upon the termination by the Grantee, the Company or its Subsidiaries of the Grantee’s employment for any reason other than those set forth in Section 4 hereof prior to such vesting.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Community Health Systems Inc)

Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) 8 hereof, any and all Restricted Shares of Restricted Stock which have not become vested in accordance with Section 3, 3 or 4 or 5 hereof shall be forfeited and shall revert to the Company upon:upon any termination of the Grantee's employment with the Company or any of its subsidiaries. The Grantee shall forfeit all Restricted Shares, including those previously vested, upon termination of the Grantee's employment with the Company or any of its subsidiaries for, or the commission of an act constituting, Cause.

Appears in 1 contract

Samples: Online Vacation Center Holdings Corp

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Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) hereof, any Any and all Shares of Restricted Stock which have not become vested in accordance with Section 36.2, 4 6.3 or 5 7 hereof shall be forfeited and shall revert to the Company upon:

Appears in 1 contract

Samples: Performance Share Award Agreement (Wendys International Inc)

Forfeiture of Restricted Stock. In addition to the circumstance described in Section 9(a) 8 hereof, any and all Shares shares of Restricted Stock which have not become vested in accordance with Section 3, 3 or 4 or 5 hereof shall be forfeited and shall revert to the Company upon:upon the termination by the Grantee, the Company or its Subsidiaries of the Grantee’s employment for any reason.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (ACA Capital Holdings Inc)

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