Common use of Reduction in Job Responsibilities Clause in Contracts

Reduction in Job Responsibilities. If a Participant’s job responsibilities are reduced in scope or otherwise altered, the Participant shall automatically cease to participate in the ELTIP with respect to future Awards, unless otherwise determined by the Committee.

Appears in 8 contracts

Samples: Restricted Stock (Sypris Solutions Inc), Restricted Stock (Sypris Solutions Inc), Non Qualified Stock Options (Sypris Solutions Inc)

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Reduction in Job Responsibilities. If a Participant’s job responsibilities are reduced in scope or otherwise altered, the Participant shall automatically cease to participate in the ELTIP KELTIP with respect to future Awards, unless otherwise determined by the Committee.

Appears in 1 contract

Samples: Special Retirement Award Agreement (Sypris Solutions Inc)

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