Forfeited Shares. All Grant Shares forfeited hereunder shall automatically revert to the Plan and become canceled. Any certificate(s) representing Grant Shares which include forfeited shares shall only represent that number of Grant Shares which have not been forfeited hereunder. Upon the Company’s request, Grantee agrees to tender to the Company any certificate(s) representing Grant Shares which include forfeited shares for a new certificate representing only the unforfeited number of Grant Shares.
Appears in 20 contracts
Samples: Restricted Stock Agreement (Resaca Exploitation, Inc.), Restricted Stock Agreement (Resaca Exploitation, Inc.), Restricted Stock Agreement (Resaca Exploitation, Inc.)
