Common use of Forfeiture Restrictions Clause in Contracts

Forfeiture Restrictions. The Restricted Stock may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s employment with the Company for any reason other than death, Disability, or Involuntary Termination (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s 's employment with the Company for any reason other than death, Disability, or Involuntary Termination (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock to the Company upon termination of employment are herein referred to as the “"Forfeiture Restrictions.” " The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s 's employment with the Company for any a reason other than deaththose set forth in the first sentence of subparagraph (c) of this Paragraph 2, Disability, or Involuntary Termination (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:Shares.

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s employment with the Company for any reason other than death, Disability, or Involuntary Termination (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockStock Shares. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of Director’s membership on the Employee’s employment with the Company Board for any reason other than death, Disability, or Involuntary Termination Disability (as such terms are hereinafter defined) or Retirement (as hereinafter defined), the Employee Director shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment Director’s membership on the Board are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of Director’s membership on the Employee’s employment with the Company Board for any reason other than death, Disability, or Involuntary Termination Disability (as such terms are hereinafter defined) or Retirement (as hereinafter defined), the Employee Director shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment Director’s membership on the Board are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockShares. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s 's employment with the Company for any reason other than death, Disability, Involuntary Termination, or Involuntary Termination Retirement (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “"Forfeiture Restrictions.” " The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockShares. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of Director’s membership on the Employee’s employment with the Company Board for any reason other than death, Disability, death or Involuntary Termination Disability (as such terms are hereinafter defined), the Employee Director shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment Director’s membership on the Board are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockShares. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s employment with the Company for any reason other than death, Disability, death or Involuntary Termination Disability (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockShares. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered encumbered, alienated or disposed of to as provided herein or in the extent then subject to the Forfeiture Restrictions (as hereinafter defined)Plan, and and, in the event of the termination of the Employee’s employment with the Company for any reason other than death, Disability, whatsoever or Involuntary Termination (as such terms are hereinafter defined)for no reason, the Employee shall, for no consideration, forfeit and surrender to the Company all of the Restricted Stock Shares with respect to the extent then subject to which the Forfeiture RestrictionsRestrictions (as defined below) have not lapsed in accordance with Section 3(b) as of the date of such termination. The prohibition against transfer and the obligation to forfeit and surrender the Restricted Stock Shares to the Company upon termination of employment as provided in the immediately preceding sentence are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of the Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:Shares.

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s employment with the Company for any reason other than death, Disability, death or Involuntary Termination Disability (as such terms are hereinafter defined), the Employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Stock. For purposes of this Agreement, the following capitalized words and terms shall have the meanings indicated below:

Forfeiture Restrictions. The Restricted Stock Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions (as hereinafter defined), and in the event of termination of the Employee’s 's employment with the Company for any reason other than death, Disability, Involuntary Termination, or Involuntary Termination Retirement (as such terms are hereinafter defined), the Employee employee shall, for no consideration, forfeit to the Company all Restricted Stock Shares to the extent then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Stock Shares to the Company upon termination of employment are herein referred to as the “"Forfeiture Restrictions.” " The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted StockShares. For purposes of this Agreementagreement, the following capitalized words and terms shall have the meanings indicated below: