Common use of Additional Forfeiture Clause in Contracts

Additional Forfeiture. The Compensation Committee of the Board of Directors may cancel, suspend, withhold or otherwise limit or restrict the delivery of shares of Common Stock under your Restricted Stock Units at any time if you (i) are not in compliance with all applicable provisions of this Restricted Stock Unit Agreement or the Plan or (ii) engage in any activity inimical, contrary or harmful to the interests of the Employer Group, including, but not limited to: (A) conduct related to your service or employment for which either criminal or civil penalties against you may be sought, (B) violation of any policies of the Employer Group, including, without limitation, ixxxxxx xxxxxxx policies or anti-harassment policies or (C) participating in a hostile takeover attempt against the Employer Group.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (WMS Industries Inc /De/)

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Additional Forfeiture. The Compensation Committee of the Board of Directors may cancel, suspend, withhold or otherwise limit or restrict your right to the delivery of shares of Common Restricted Stock under your this Restricted Stock Units Agreement at any time if you (i) are not in compliance with all applicable provisions of this Restricted Stock Unit Agreement or the Plan or (ii) engage in any activity inimical, contrary or harmful to the interests of the Employer Group, including, but not limited to: (A) conduct related to your service or employment for which either criminal or civil penalties against you may be sought, (B) violation of any policies of the Employer Group, including, without limitation, the Employer Group’s ixxxxxx xxxxxxx policies or anti-harassment policies or (C) participating in a hostile takeover attempt against the Employer Group.

Appears in 1 contract

Samples: Restricted Stock Agreement (WMS Industries Inc /De/)

Additional Forfeiture. The Compensation Committee of the Board of Directors may cancel, suspend, withhold or otherwise limit or restrict your right to the delivery of shares of Common Restricted Stock under your this Restricted Stock Units Agreement at any time if you (i) are not in compliance with all applicable provisions of this Restricted Stock Unit Agreement or the Plan or (ii) engage in any activity inimical, contrary or harmful to the interests of the Employer GroupCompany, including, but not limited to: (A) conduct related to the your service or employment for which either criminal or civil penalties against you may be sought, (B) violation of any policies of the Employer GroupCompany, including, without limitation, ixxxxxx the Company’s xxxxxxx policies xxxxxxx policy or anti-harassment policies or (C) participating in a hostile takeover attempt against the Employer GroupCompany.

Appears in 1 contract

Samples: Restricted Stock Agreement (WMS Industries Inc /De/)

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Additional Forfeiture. The Compensation Committee of the Board of Directors may cancel, suspend, withhold or otherwise limit or restrict your right to the delivery of shares of Common Restricted Stock under your this Restricted Stock Units Agreement at any time if you (i) are not in compliance with all applicable provisions of this Restricted Stock Unit Agreement or the Plan or (ii) engage in any activity inimical, contrary or harmful to the interests of the Employer GroupCompany, including, but not limited to: (A) conduct related to the your service or employment for which either criminal or civil penalties against you may be sought, (B) violation of any policies of the Employer GroupCompany, including, without limitation, the Company’s ixxxxxx xxxxxxx policies policy or anti-harassment policies or (C) participating in a hostile takeover attempt against the Employer GroupCompany.

Appears in 1 contract

Samples: Restricted Stock Agreement (WMS Industries Inc /De/)

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