Detrimental Activity and Recapture. (a) In the event that, as determined by the Committee, Grantee shall engage in Detrimental Activity during employment with the Company or a Subsidiary, the RSUs will be forfeited automatically and without further notice at the time of that determination notwithstanding any other provision of this Agreement. For purposes of this Agreement, “
Appears in 3 contracts
Samples: Time Based Restricted Stock Unit Agreement (TimkenSteel Corp), Time Based Restricted Stock Unit Agreement (TimkenSteel Corp), Restricted Stock Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. (a) In Notwithstanding anything in this Agreement, in the event that, as determined by the Committee, Grantee shall engage engages in Detrimental Activity during employment with the Company or a Subsidiary, the RSUs will be forfeited automatically and without further notice at the time of that determination notwithstanding any other provision of this Agreementdetermination. For purposes of this AgreementAs used herein, “
Appears in 3 contracts
Samples: Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Time Based Restricted Stock Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. (a) In the event that, as determined by the Committee, Grantee shall engage in Detrimental Activity during employment with the Company or a Subsidiary, the RSUs will be forfeited automatically and without further notice at the time of that determination notwithstanding any other provision of this Agreement. For purposes of this Agreement, “.
Appears in 2 contracts
Samples: Time Based Restricted Stock Unit Agreement (Timken Co), Time Based Restricted Stock Unit Agreement (Timken Co)
Detrimental Activity and Recapture. (a) In Notwithstanding anything in this agreement, in the event that, as determined by the Committee, Grantee shall engage engages in Detrimental Activity during employment with the Company or a Subsidiary, the RSUs will be forfeited automatically and without further notice at the time of that determination notwithstanding any other provision of this Agreement. For purposes of this Agreement, “Detrimental Activity” means:
Appears in 1 contract
Samples: Time Based Restricted Stock Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. (a) In Notwithstanding anything in this Agreement to the contrary, in the event that, as determined by the Committee, Grantee shall engage engages in Detrimental Activity during employment with the Company or a Subsidiary, the RSUs will be forfeited automatically and without further notice at the time of that determination notwithstanding any other provision of this Agreementdetermination. For purposes of this AgreementAs used herein, “
Appears in 1 contract
Samples: Time Based Restricted Share Unit Agreement (TimkenSteel Corp)
