Common use of Forfeiture of the Restricted Shares Clause in Contracts

Forfeiture of the Restricted Shares. The unvested Restricted Shares shall automatically be forfeited on the date that the Recipient ceases to be employed by the Company.

Appears in 3 contracts

Samples: S Grant Award Agreement (PharMerica CORP), S Grant Award Agreement (PharMerica CORP), Restricted Share Award Agreement (PharMerica CORP)

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Forfeiture of the Restricted Shares. The unvested Restricted Shares shall automatically be forfeited on the date that the Recipient ceases to be employed perform services for the Company as a result of a termination by the CompanyCompany for Cause.

Appears in 1 contract

Samples: Restricted Stock Agreement for Directors (Opko Health, Inc.)

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