Common use of Cancellation of Award Clause in Contracts

Cancellation of Award. If any Restricted Stock Units subject to this Agreement are forfeited, then from and after such time, the person from whom such Restricted Stock Units are forfeited shall no longer have any rights to such Restricted Stock Units or the corresponding Shares. Such Restricted Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (Smith & Wesson Brands, Inc.), Restricted Stock Unit Award Agreement (Smith & Wesson Brands, Inc.), Restricted Stock Unit Award Agreement (American Outdoor Brands, Inc.)

AutoNDA by SimpleDocs

Cancellation of Award. If any Restricted Deferred Stock Units subject to this Agreement are forfeited, then from and after such time, the person from whom such Restricted Deferred Stock Units are forfeited shall no longer have any rights to such Restricted Deferred Stock Units or the corresponding Sharesshares of Stock. Such Restricted Deferred Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 6 contracts

Samples: Deferred Stock Unit Award Agreement (SYNAPTICS Inc), Deferred Stock Award Agreement (SYNAPTICS Inc), Deferred Stock Unit Award Agreement (SYNAPTICS Inc)

Cancellation of Award. If any Restricted Stock Units subject to this Agreement are forfeited, then from and after such time, the person from whom such Restricted Stock Units are forfeited shall no longer have any rights to such Restricted Stock Units or the corresponding Sharesshares of Stock. Such Restricted Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (YouChange Holdings Corp), Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp), Restricted Stock Unit Award Agreement (Smith & Wesson Holding Corp)

Cancellation of Award. If any Restricted Stock Units subject to this Agreement are forfeited, then from and after such time, the Participant (and any other person from whom such Restricted Stock Units are forfeited forfeited) shall no longer have any rights to such Restricted Stock Units or the corresponding Sharesshares of Common Stock. Such Restricted Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Ixys Corp /De/), Restricted Stock Unit Award Agreement (Ixys Corp /De/)

AutoNDA by SimpleDocs

Cancellation of Award. If any Restricted Deferred Stock Units subject to this Agreement are forfeited, then from and after such time, the Participant (and any other person from whom such Restricted Deferred Stock Units are forfeited forfeited) shall no longer have any rights to such Restricted Deferred Stock Units or the corresponding Sharesshares of Stock. Such Restricted Deferred Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 1 contract

Samples: Deferred Stock Award Agreement (Synaptics Inc)

Cancellation of Award. If any Restricted Stock Units subject to this Agreement are forfeited, then from and after such time, the Participant (and any other person from whom such Restricted Stock Units are forfeited forfeited) shall no longer have any rights to such Restricted Stock Units or the corresponding Shares. Such Restricted Stock Units shall be deemed forfeited in accordance with the applicable provisions hereof.

Appears in 1 contract

Samples: Stock Unit Award Agreement (Gametech International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!