Common use of Forfeiture and Repayment Clause in Contracts

Forfeiture and Repayment. In the event Employee breaches any of the covenants of paragraphs 3(a), 3(b) and/or 3(c) above, Employee agrees and understands that the Corporation may require Employee to repay certain awards that have been granted under the Plan, as is more fully set forth in paragraph 4 below.

Appears in 19 contracts

Samples: Restricted Stock Units Agreement (Viad Corp), Performance Unit Agreement (Viad Corp), Restricted Stock Agreement (Viad Corp)

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Forfeiture and Repayment. In the event Employee breaches any of the covenants of paragraphs 3(a), 3(b) and/or 3(c) above, Employee agrees and understands that the Corporation may require Employee to repay certain awards awards, including the Award, that have been granted under the Plan, as is more fully set forth in paragraph 4 below.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Viad Corp)

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Forfeiture and Repayment. In the event Employee breaches any of the covenants of paragraphs 3(a1(a), 3(b1(b) and/or 3(c1(c) above, Employee agrees and understands that the Corporation may require Employee to repay certain awards that have been granted under the Plan, as is more fully set forth in paragraph 4 2 below.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Viad Corp)

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