Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the Award, the Holder shall, upon the Company’s request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
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Samples: Exelon Corporation (Exelon Corp), Restricted Stock Unit Award Agreement (Exelon Generation Co LLC), Restricted Stock Unit Award Agreement (National Beef, Inc.)
Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the AwardAward pursuant to Section 3.2, the this Award shall immediately terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall shall, however, be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Exelon Generation Co LLC), Commonwealth Edison Co
Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the AwardAward pursuant to Section 3.2, the this Award shall immediately terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall shall, however, be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement. Cancellation of this Agreement shall not effect the Holder's right hereunder with respect to any vested shares.
Appears in 1 contract
Samples: Employment Agreement (Exelon Corp)
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for full or partial cancellation, as the case may be. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
Samples: Bell Sports Corp
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the this Award shall terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.. Stock Award Agreement-Xxxxxx X. Xxxxxxxx, Xx. Page 2
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Termination of Award. In the event that the Holder shall forfeit any shares all or a portion of Common Stock the Units subject to the Award, the Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for full or partial cancellation, as the case may be. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Starwood Hotel & Resorts Worldwide Inc)
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the this Award shall terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
