Common use of Failure to Accept Award Clause in Contracts

Failure to Accept Award. In the event that the Service Provider does not accept the Restricted Stock Units granted hereunder and the terms of this Agreement within six months after the Grant Date, the Restricted Stock Units shall be forfeited. In the event that the Service Provider does not comply with any informational requirements established by the Administrator or its designee under Section 10.7 of the Plan prior to a Vesting Date, the Restricted Stock Units otherwise scheduled to vest on that date shall be forfeited.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Equitable Holdings, Inc.), Restricted Stock Unit Agreement (Equitable Holdings, Inc.), Restricted Stock Unit Agreement (Equitable Holdings, Inc.)

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Failure to Accept Award. In the event that the Service Provider does not accept the Restricted Stock Units granted hereunder and the terms of this Agreement within six months after the Grant Date, the Restricted Stock Units shall be forfeited. In the event that the Service Provider Employee does not comply with any informational requirements established by the Administrator or its designee under Section 10.7 of the Plan prior to a Vesting Date, the Restricted Stock Units otherwise scheduled to vest on that date shall be forfeited.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Equitable Holdings, Inc.)

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