Effect of a Termination of Employment. (1) Except as provided in subsection (2) below, if the Participant’s employment with the Company is terminated for any reason other than a Change in Control prior to the vesting of any Shares then held by the Participant, such Shares shall thereupon be forfeited immediately by the Participant and returned to the Company.
Appears in 4 contracts
Samples: Restricted Stock Agreement (CapStar Financial Holdings, Inc.), Restricted Stock Agreement (CapStar Financial Holdings, Inc.), Restricted Stock Agreement (CapStar Financial Holdings, Inc.)
Effect of a Termination of Employment. (1) Except as provided in subsection (23) below, if the Participant’s employment with the Company is terminated for any reason other than death, Disability or a Change in Control prior to the vesting of any Shares then held by the Participant, such Shares shall thereupon be forfeited immediately by the Participant and returned to the Company.
Appears in 2 contracts
Samples: Restricted Stock Agreement (CapStar Financial Holdings, Inc.), Restricted Stock Agreement (CapStar Financial Holdings, Inc.)
Effect of a Termination of Employment. (1) Except as provided in subsection (2) below, if If the Participant’s employment with the Company is terminated for any reason other than a Change in Control prior to the vesting Vesting of any Shares then held by the Participant, such unvested Shares shall thereupon be forfeited immediately by the Participant and returned to the Company.
Appears in 1 contract
Samples: Restricted Stock Agreement (Spirit of Texas Bancshares, Inc.)
