Common use of Effect of Forfeiture Clause in Contracts

Effect of Forfeiture. Any Performance Units forfeited pursuant to Section 3.3 shall revert to the Company.

Appears in 5 contracts

Samples: Performance Unit Agreement for Executive Employees (Capstead Mortgage Corp), Performance Unit Agreement for Executive Employees (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp)

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Effect of Forfeiture. Any Performance Units forfeited pursuant to Section 3.3 3.3, 3.4 and 3.5 shall revert to the Company.

Appears in 4 contracts

Samples: Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp), Capstead Mortgage Corporation (Capstead Mortgage Corp)

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