Common use of Forfeiture Restriction Clause in Contracts

Forfeiture Restriction. You will completely forfeit your entire interest in the Restricted Stock (and shall receive no consideration from Oxford on account of such forfeiture) if your service with Oxford terminates for any reason whatsoever before June 2, 2009, unless (a) the Committee waives this forfeiture condition at the time your service terminates, as evidenced by a written waiver adopted by the Committee, (b) your service with Oxford terminates at the regularly-scheduled end of a term or (c) your service with Oxford terminates by reason of your death or your disability, as determined by the Committee in its absolute discretion.

Appears in 1 contract

Samples: Performance Share Award Agreement (Oxford Industries Inc)

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Forfeiture Restriction. You will completely forfeit your entire interest in the Restricted Stock (and shall receive no consideration from Oxford on account of such forfeiture) if your service employment with Oxford terminates for any reason whatsoever before June 23, 20092008, unless (a) the Committee waives this forfeiture condition at the time your service terminatesyou terminate employment, as evidenced by a written waiver adopted by the Committee, (b) your service with Oxford terminates at the regularly-scheduled end of a term or (c) your service with Oxford terminates by reason of your death or your disability, as determined by the Committee in its absolute discretion.

Appears in 1 contract

Samples: Performance Share Award Agreement (Oxford Industries Inc)

Forfeiture Restriction. You will completely forfeit your entire interest in the Restricted Stock (and shall receive no consideration from Oxford on account of such forfeiture) if your service employment with Oxford terminates for any reason whatsoever before June 2, 2009, unless (a) the Committee waives this forfeiture condition at the time your service terminatesyou terminate employment, as evidenced by a written waiver adopted by the Committee, (b) your service with Oxford terminates at the regularly-scheduled end of a term or (c) your service with Oxford terminates by reason of your death or your disability, as determined by the Committee in its absolute discretion.

Appears in 1 contract

Samples: Performance Share Award Agreement (Oxford Industries Inc)

Forfeiture Restriction. You will completely forfeit your entire interest in the Restricted Stock (and shall receive no consideration from Oxford on account of such forfeiture) if your service with Oxford terminates for any reason whatsoever before June 21, 20092010, unless (a) the Committee waives this forfeiture condition at the time your service terminates, as evidenced by a written waiver adopted by the Committee, (b) your service with Oxford terminates at the regularly-scheduled end of a term or (c) your service with Oxford terminates by reason of your death or your disability, as determined by the Committee in its absolute discretion.

Appears in 1 contract

Samples: Performance Share Award Agreement (Oxford Industries Inc)

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Forfeiture Restriction. You will completely forfeit your entire interest in the Restricted Stock (and shall receive no consideration from Oxford on account of such forfeiture) if your service employment with Oxford terminates for any reason whatsoever before June 21, 20092010, unless (a) the Committee waives this forfeiture condition at the time your service terminatesyou terminate employment, as evidenced by a written waiver adopted by the Committee, (b) your service with Oxford terminates at the regularly-scheduled end of a term or (c) your service with Oxford terminates by reason of your death or your disability, as determined by the Committee in its absolute discretion.

Appears in 1 contract

Samples: Performance Share Award Agreement (Oxford Industries Inc)

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