Conditions of Forfeiture. Subject to the provisions of Section 4 hereof, the Units are subject to forfeiture by Participant at any time during the Performance Period immediately upon termination of Participant’s employment with the Company or a Subsidiary. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 8 contracts
Samples: Performance Stock Unit (Carpenter Technology Corp), Performance Stock Unit (Carpenter Technology Corp), Performance Stock Unit (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 hereof, the Units are subject to forfeiture by Participant at any time during the Performance applicable Restriction Period immediately upon termination of Participant’s employment with the Company or a Subsidiary. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 5 contracts
Samples: Officers and Key Employees (Carpenter Technology Corp), Officers and Key Employees (Carpenter Technology Corp), Officers and Key Employees (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 5 hereof, the Units are subject to forfeiture by Participant at any time during the Performance applicable Restriction Period immediately upon termination of Participant’s employment with the Company or a Subsidiary. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 4 contracts
Samples: Stock Unit Award Agreement (Carpenter Technology Corp), Stock Unit Award Agreement (Carpenter Technology Corp), Officers and Key Employees (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 hereof, the Units are subject to forfeiture by Participant at any time during the Performance applicable Restriction Period immediately upon termination of Participant’s employment with the Company or a SubsidiaryCompany. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Carpenter Technology Corp), Officers and Key Employees (Carpenter Technology Corp), Officers and Key Employees (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 5 hereof, the Units are subject to forfeiture by Participant at any time during the Performance applicable Restriction Period immediately upon termination of Participant’s employment with the Company or a Subsidiaryand its Subsidiaries. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 1 contract
Samples: Stock Unit Award Agreement (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 5 hereof, the Units are subject to forfeiture by Participant at any time during the Performance applicable Restriction Period immediately upon termination of Participant’s employment with the Company or a Subsidiaryits Subsidiaries. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 1 contract
Samples: Officers and Key Employees (Carpenter Technology Corp)
Conditions of Forfeiture. Subject to the provisions of Section 4 hereof, the Units are subject to forfeiture by Participant at any time during the Performance Period immediately upon termination of Participant’s employment with the Company or a Subsidiaryand its Subsidiaries. Upon any such forfeiture, all rights of Participant with respect to the forfeited Units shall terminate and Participant shall have no further interest of any kind therein.
Appears in 1 contract