Common use of Forfeiture and Repayment Provisions Clause in Contracts

Forfeiture and Repayment Provisions. (a) Failure to properly execute the Agreement (and each other document required to be executed by the Participant in connection with the Participant’s receipt of the Units) in a timely manner following the Grant Date may result in the forfeiture of the Units, as determined in the sole discretion of the Company.

Appears in 19 contracts

Samples: Award Agreement (Moneygram International Inc), Award Agreement (Moneygram International Inc), Award Agreement (Moneygram International Inc)

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Forfeiture and Repayment Provisions. (a) Failure to properly execute the Agreement (and each other document required to be executed by the Participant in connection with the Participant’s receipt of the UnitsAward) in a timely manner following the Grant Date may result in the forfeiture of the UnitsAward, as determined in the sole discretion of the Company.

Appears in 12 contracts

Samples: Award Agreement (Moneygram International Inc), Award Agreement (Moneygram International Inc), Award Agreement (Moneygram International Inc)

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