Common use of CVC Restricted Stock Clause in Contracts

CVC Restricted Stock. If a holder of CVC Restricted Stock forfeits such restricted stock pursuant to the terms of the CVC Restricted Stock, the parties shall ensure that the appropriate transfer agent returns the forfeited stock to CVC. For the avoidance of doubt, forfeited CVC Restricted Stock held by a MSG Employee or Former MSG Employee shall be returned to CVC without any reimbursement by CVC to MSG for such forfeited restricted stock.

Appears in 3 contracts

Samples: Employee Matters Agreement (Cablevision Systems Corp /Ny), Employee Matters Agreement (Madison Square Garden, Inc.), Employee Matters Agreement (Madison Square Garden, Inc.)

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CVC Restricted Stock. If a holder of CVC Restricted Stock forfeits such restricted stock pursuant to the terms of the applicable CVC Restricted StockStock Agreement, the parties shall ensure that the appropriate transfer agent promptly returns the forfeited stock to CVC. For the avoidance of doubt, forfeited CVC Restricted Stock held by a MSG an AMC Employee or Former MSG AMC Employee shall be returned to CVC without any reimbursement by CVC to MSG AMC for such forfeited restricted stock.

Appears in 2 contracts

Samples: Employee Matters Agreement (Cablevision Systems Corp /Ny), Employee Matters Agreement (AMC Networks Inc.)

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