Common use of Delivery of Forfeited Restricted Stock Clause in Contracts

Delivery of Forfeited Restricted Stock. If the Participant's employment with the Corporation terminates for any reason other than one of those provided in subparagraph 5(b) above, before all of the shares of Restricted Stock are vested in accordance with subparagraphs 5(a) and 5(b) above, all such shares then subject to forfeiture shall be deemed forfeited by the Participant and the Committee shall instruct the appropriate officer of the Corporation concerning the disposition of such forfeited shares. Thereafter such forfeited shares shall cease to be subject to this Agreement.

Delivery of Forfeited Restricted Stock. If the Participant's employment with the Corporation terminates for any reason other than one of those provided in subparagraph 5(b5 (b) above, before all of the shares of Restricted Stock are vested in accordance with subparagraphs 5(a5 (a) and 5(b5 (b) above, all such shares then subject to forfeiture shall be deemed forfeited by the Participant and the Committee shall instruct the appropriate officer of the Corporation concerning the disposition of such forfeited shares. Thereafter such forfeited shares shall cease to be subject to this Agreement.