Forfeiture of Restricted Stock. All unvested shares of Restricted Stock shall immediately be forfeited to the Company and cease to be outstanding upon the termination of the Participant’s service as an independent member of the Board of Directors of the Company. The Participant acknowledges that neither the Participant nor the Participant’s estate will have any claim whatsoever against the Company or any Subsidiary related to any forfeiture of the Restricted Stock.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Select Medical Corp), Restricted Stock Award Agreement (Select Medical Corp), Restricted Stock Award Agreement (Select Medical Corp)
Forfeiture of Restricted Stock. All unvested shares of Restricted Stock shall immediately be forfeited to the Company and cease to be outstanding upon the termination of the Participant’s service as an independent member of under the Board of Directors of the CompanyConsulting Agreement. The Participant acknowledges that neither the Participant nor the Participant’s estate will have any claim whatsoever against the Company or any Subsidiary related to any forfeiture of the Restricted Stock.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Select Medical Corp), Restricted Stock Award Agreement (Select Medical Corp)
Forfeiture of Restricted Stock. All unvested shares of Restricted Stock shall immediately be forfeited to the Company and cease to be outstanding upon the termination of the Participant’s service as an independent a member of the Board of Directors of the Company. The Participant acknowledges that neither the Participant nor the Participant’s estate will have any claim whatsoever against the Company or any Subsidiary related to any forfeiture of the Restricted Stock.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Select Medical Corp)
