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: Smith & Wesson Brands, Inc., Smith & Wesson Brands, Inc., American Outdoor Brands, Inc.

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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: Stock Unit Award Agreement (SYNAPTICS Inc), Stock Award Agreement (SYNAPTICS Inc), 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), Incentive Stock Plan (Marinemax 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 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/), Incentive Plan (Ixys Corp /De/)

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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: Plan Stock Unit Award Agreement (Gametech International Inc)

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