Common use of Forfeiture Restrictions Clause in Contracts

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of and in the event of termination of the Director’s service on the Board for any reason whatsoever, the Director shall, for no consideration, forfeit all unvested Restricted Shares. The obligation to forfeit and surrender Restricted Shares to the Company upon termination of service as provided in the preceding sentence is herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions, and in the event of termination of the DirectorExecutive’s service on relationship with the Board Company (as provided in Section 5) for any reason whatsoeverother than as provided in Section 2(b), the Director Executive shall, for no consideration, forfeit to the Company all unvested Restricted SharesShares then subject to the Forfeiture Restrictions. The prohibition against transfer and the Executive’s obligation to forfeit and surrender the Restricted Shares to the Company upon the Executive’s termination of service as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions, and in the event of termination of the Director’s service on relationship with the Board Company (as provided in Section 5) for any reason whatsoeverother than as provided in Section 2(b), the Director shall, for no consideration, forfeit to the Company all unvested Restricted SharesShares then subject to the Forfeiture Restrictions. The prohibition against transfer and the Director’s obligation to forfeit and surrender the Restricted Shares to the Company upon the Director’s termination of service as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions, and in the event of termination of the DirectorEmployee’s service on relationship with the Board Company (as provided in Section 5) for any reason whatsoeverother than as provided in Section 2(b), the Director Employee shall, for no consideration, forfeit to the Company all unvested Restricted SharesShares then subject to the Forfeiture Restrictions. The prohibition against transfer and the Employee’s obligation to forfeit and surrender the Restricted Shares to the Company upon the Employee’s termination of service as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of of, and in the event of termination of the DirectorEmployee’s service on employment with the Board Company for any reason whatsoeverreason, the Director Employee shall, for no consideration, forfeit to the Company all unvested Restricted Shares. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of service employment as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of of, and in the event of termination of the Director’s service membership on the Board for any reason whatsoeverother than death or Disability, the Director shall, for no consideration, forfeit to the Company all unvested Restricted Shares. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of service membership on the Board as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of of, and in the event of termination of the DirectorEmployee’s service on employment with the Board Company for any reason whatsoever, the Director Employee shall, for no consideration, forfeit to the Company all unvested Restricted Shares. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of service employment as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the Forfeiture Restrictions, and in the event of termination of the DirectorParticipant’s service on the Board Service for any reason whatsoeverwhatsoever other than death, the Director Disability or a Termination Not For Cause, Participant shall, for no consideration, forfeit to the Company all unvested Restricted SharesShares that are then subject to the Forfeiture Restrictions. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of service as provided in the preceding sentence is Service (other than by reason of death, Disability or a Termination Not for Cause) are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of of, and in the event of termination of the DirectorEmployee’s service on employment with the Board Company for any reason whatsoever, the Director Employee shall, for no consideration, forfeit all unvested Restricted Shares. The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of service employment as provided in the preceding sentence is are herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.

Forfeiture Restrictions. The Restricted Shares may not be sold, assigned, alienated, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of and in the event of termination of the Director’s service on the Board for any reason whatsoever, the Director shall, for no consideration, forfeit all unvested Restricted Shares. The obligation to forfeit and surrender Restricted Shares to the Company upon termination of service as provided in the preceding sentence is herein referred to as the “Forfeiture Restrictions.” The Forfeiture Restrictions shall be binding upon and enforceable against any transferee of Restricted Shares.