Forfeiture of Unvested Restricted Stock. If a Termination Event with respect to the Grantee occurs prior to the end of the Restricted Period for any reason (other than an Accelerated Vesting Event described in Section 2(b)(ii)), then the Restricted Stock that is unvested at that time shall be forfeited to the Company under Section 3(c). Restricted Stock that is vested at such time shall not be forfeited upon such Termination Event, but shall remain subject to this Agreement.
Forfeiture of Unvested Restricted Stock. Units Unless the termination of your Service triggers accelerated vesting of your Restricted Stock Units pursuant to the terms of this Agreement, the Plan, or any other written agreement between the Company (or any Affiliate) and you, you will automatically forfeit to the Company all of the unvested shares of the Restricted Stock Units in the event your Service terminates for any reason. Forfeiture of Rights If you should take actions in violation or breach of or in conflict with any non-competition agreement, any agreement prohibiting solicitation of employees or clients of the Company or any Affiliate thereof or any confidentiality obligation with respect to the Company or any Affiliate thereof, the Company has the right to cause an immediate forfeiture of your rights to these Restricted Stock Units awarded under this Agreement, and these Restricted Stock Units shall immediately expire. In such circumstances, if you have received Shares in connection with any of these Restricted Stock Units or have vested in any of these Restricted Stock Units during the two year period prior to your actions, you will owe the Company a cash payment (or forfeiture of shares or Restricted Stock Units, as applicable) in an amount determined as follows: (1) for any such Shares that you have sold prior to receiving notice from the Company, the amount will be the proceeds received from the sale(s), and (2) for any such Shares or such vested Restricted Stock Units that you still own, the amount will be the number of such Shares or such vested Restricted Stock Units owned times the Fair Market Value of the Shares on the date you receive notice from the Company (provided, that the Company may require you to satisfy your payment obligations hereunder either by forfeiting and returning to the Company such Shares or such vested Restricted Stock Units or any other Restricted Stock Units or shares or making a cash payment or a combination of these methods as determined by the Company in its sole discretion). Leaves of Absence For purposes of this Agreement, your Service does not terminate when you go on a bona fide employee leave of absence that was approved by the Company in writing if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. Your Service terminates in any event when the approved leave ends unless you immediately return to active employee work. The Company determines, in its sole discretion, whi...
Forfeiture of Unvested Restricted Stock. Units Unless the termination of your Service triggers accelerated vesting of your Restricted Stock Units pursuant to the terms of this Agreement, the Plan, or any other written agreement between the Company (or any Affiliate) and you, you will automatically forfeit to the Company all of the unvested Restricted Stock Units in the event your Service terminates for any reason. Withholding Taxes You agree as a condition of this grant that you will make acceptable arrangements to pay any withholding or other taxes that may be due as a result of the vesting or receipt of the Restricted Stock Units or the Stock. In the event that the Company determines that any federal, state, local or foreign tax or withholding payment is required relating to the vesting of the Restricted Stock Units or receipt of Stock arising from this grant, the Company shall have the right to require such payments from you, or withhold such amounts from other payments due to you from the Company or any Affiliate (including withholding the delivery of vested shares of Stock otherwise deliverable under this Agreement).
Forfeiture of Unvested Restricted Stock. [Remove paragraph for immediately vesting Awards] Unless the termination of your Service triggers accelerated vesting of your Restricted Stock pursuant to the terms of this Agreement, the Plan, or any other written agreement between the Company (or any Affiliate) and you, you will automatically forfeit to the Company all of the unvested shares of Restricted Stock in the event your Service terminates for any reason.
Forfeiture of Unvested Restricted Stock. The shares of Restricted Stock that have not previously vested in accordance with Section 6 hereof shall be forfeited by the Participant to the Company as follows:
Forfeiture of Unvested Restricted Stock. If your Service terminates for any reason other than as provided above, you will forfeit all unvested Restricted Stock.
Forfeiture of Unvested Restricted Stock. If Holder ceases to be [a director] [an employee] for any reason, any Restricted Stock that has not yet vested as of the date that Holder ceases to be [a director] [an employee] shall be immediately forfeited and canceled.
Forfeiture of Unvested Restricted Stock. Immediately following the Accelerated Vesting specified in Section 2(c) above, Employee shall cease vesting of the Time-Based RSA. Additionally, Employee hereby agrees to and does forfeit all of the Performance-Based RSA, in accordance with the Restricted Stock Agreement.
Forfeiture of Unvested Restricted Stock. If the Company terminates the Participant's employment with the Company for Due Cause, or if the Participant voluntarily resigns from the Company (other than as a result of death or Disability), then the shares of Restricted Stock that have not previously vested in accordance with Paragraph 5 above as of the date of such termination (the "Unvested Shares"), shall be forfeited by the Participant to the Company, without any payment by the Company, unless the Company elects, in its sole and absolute discretion, to purchase the Unvested Shares pursuant to paragraph 6(d) hereof.
Forfeiture of Unvested Restricted Stock. In the event that a Termination Event with respect to Recipient occurs prior to the end of the Restricted Period for any reason (including by reason of Recipient’s death or disability), then the Restricted Stock and Retained Distributions with respect thereto that are unvested at that time shall be automatically and immediately forfeited to the Company without payment of any consideration by the Company and without the need for notice from or any further action by the Company, and neither the Recipient nor any of Recipient’s successors, heirs, assigns or personal representatives shall thereafter have any further rights or interests in such shares of Restricted Stock.
