Common use of Forfeiture; Termination of Employment; and Accelerated Vesting of Restricted Stock Units Clause in Contracts

Forfeiture; Termination of Employment; and Accelerated Vesting of Restricted Stock Units. Upon the effective date of the termination of Participant’s employment with F.N.B., the Restricted Stock Units shall immediately be forfeited and returned to F.N.B. by the administrator of this award program without consideration or future action being required of the Company; except that notwithstanding the foregoing, in the event such termination is a result of the following circumstances:

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/), Restricted Stock Unit Award Agreement (FNB Corp/Fl/)

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