Detrimental Activity and Recapture. (a) Notwithstanding anything in this Agreement, in the event that, as determined by the Committee, Grantee 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. As used herein, “Detrimental Activity” means:
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) Notwithstanding anything in this Agreement, in In the event that, as determined by the Committee, Grantee engages 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 determinationdetermination notwithstanding any other provision of this Agreement. As used hereinFor purposes of this Agreement, “Detrimental Activity” meansshall mean:
Appears in 3 contracts
Samples: Time Based Restricted Stock Unit Agreement (TimkenSteel Corp), Time Based Restricted Stock Unit Agreement (TimkenSteel Corp), Time Based Restricted Stock Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. (a) Notwithstanding anything in this AgreementAgreement to the contrary, in the event that, as determined by the Committee, Grantee 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. As used herein, “Detrimental Activity” means:
Appears in 1 contract
Samples: Time Based Restricted Share Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. CLI-202342576v3
(a) Notwithstanding anything in this Agreement, in In the event that, as determined by the Committee, Grantee engages 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 determinationdetermination notwithstanding any other provision of this Agreement. As used hereinFor purposes of this Agreement, “Detrimental Activity” meansshall mean:
Appears in 1 contract
Samples: Time Based Restricted Stock Unit Agreement (TimkenSteel Corp)
Detrimental Activity and Recapture. (a) a. Notwithstanding anything in this AgreementAgreement to the contrary, in the event that, as determined by the Committee, Grantee 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. As used herein, “Detrimental Activity” means:
Appears in 1 contract
Samples: Time Based Restricted Share Unit Agreement (Metallus Inc.)
