Termination of Employment; Death. (a) Should Grantee’s employment or service with the Company or one of its subsidiaries terminate for any reason other than by reason of death during the Restriction Period, Grantee will forfeit all of the Deferred Stock as to which the Restriction Period has not expired on or before the effective date of such termination.
Appears in 3 contracts
Samples: Deferred Stock Agreement (Adolor Corp), Employee Deferred Stock Agreement (Adolor Corp), Adolor Corp
Termination of Employment; Death. (a) Should Grantee’s employment or service with as a non-employee director of the Company or one of its subsidiaries terminate for any reason other than by reason of death during the Restriction Period, Grantee will forfeit all of the Deferred Stock as to which the Restriction Period has not expired on or before the effective date of such termination.
Appears in 1 contract
Samples: Non Employee Director (Adolor Corp)
