Common use of Other Prohibited Activities Clause in Contracts

Other Prohibited Activities. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and any transfer of Common Stock pursuant to the Award by you, by accepting the Award you agree that, in the discretion of the Committee, the Award may be forfeited in whole or in part pursuant to Section 9 if you engage in fraud, embezzlement or other felony that is detrimental to the Company or any of its Affiliates.

Appears in 2 contracts

Samples: Employee Restricted Stock Award Agreement (Geospace Technologies Corp), Consultant Restricted Stock Award Agreement (Geospace Technologies Corp)

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Other Prohibited Activities. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and any transfer of Common Stock pursuant to the Award by you, by accepting the Award you agree that, in the discretion of the Committee, the Award may be forfeited in whole or in part pursuant to Section 9 if you engage in fraud, embezzlement or other felony that is detrimental to the Company or any of its Affiliates.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Glori Energy Inc.), Glori Energy Inc.

Other Prohibited Activities. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and any transfer of Common Stock pursuant to the Award by you, by accepting the Award you agree that, in the discretion of the CommitteeBoard, the Award may be forfeited in whole or in part pursuant to Section 9 if you engage in fraud, embezzlement or other felony that is detrimental to the Company or any of its Affiliates.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Glori Energy Inc.)

Other Prohibited Activities. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and any transfer of Common Stock pursuant to the Award by you, by accepting the Award you agree that, in the discretion of the Committee, the Award may be forfeited in whole or in part pursuant to Section 9 12 if you engage in fraud, embezzlement or other felony that is detrimental to the Company or any of its Affiliates.

Appears in 1 contract

Samples: Employee Restricted Stock Unit Award Agreement (Geospace Technologies Corp)

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Other Prohibited Activities. Ancillary to the grant of the Award, to protect the Company’s goodwill, and in consideration for the grant of the Award and any transfer of Common Stock pursuant to the Award by you, by accepting the Award you agree that, in the discretion of the CommitteeBoard, the Award may be forfeited in whole or in part pursuant to Section 9 if you engage in fraud, embezzlement or other felony that is detrimental to the Company or any of its Affiliates.

Appears in 1 contract

Samples: Director Restricted Stock Award Agreement (Geospace Technologies Corp)

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