EFFECT OF REVERSION. If shares of Stock revert in accordance with the terms of this Agreement, such shares automatically shall be deemed to have been transferred to the Company, shall no longer be outstanding and all rights of Stockholder shall terminate immediately with respect to such shares. Xxxxxxxxxxx agrees that any reverted shares shall be deducted from Stockholder’s account and canceled.
Appears in 5 contracts
Samples: Stock Award Agreement (SAIC, Inc.), Stock Award Agreement (SAIC, Inc.), Stock Award Agreement (SAIC, Inc.)
EFFECT OF REVERSION. If shares of Stock revert in accordance with the terms of this Agreement, such shares automatically shall be deemed to have been transferred to the Company, shall no longer be outstanding and all rights of Stockholder shall terminate immediately with respect to such shares. Xxxxxxxxxxx Stockholder agrees that any reverted shares shall be deducted from Stockholder’s account and canceled.
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Samples: www.sec.gov
