Common use of Forfeiture and Repayment Clause in Contracts

Forfeiture and Repayment. (a) In the event the Participant’s employment is terminated for reasons other than those described in Section 8 herein prior to the Dates of the Lapse of Restrictions, all outstanding Shares of unvested Restricted Stock granted hereunder shall immediately be forfeited by the Participant. (b) Without limiting the generality of Section 10(a), the Company reserves the right to cancel all Restricted Stock awarded hereunder, whether or not vested, and require the Participant to repay all income or gains previously realized in respect of such Restricted Stock, in the event of the occurrence of any of the following events: (i) termination of Participant’s employment for Cause; (ii) within one year following any termination of Participant’s employment, the Board determines that the Participant engaged in conduct before the Participant’s termination date that would have constituted the basis for a termination of employment for Cause; (iii) at any time during the Participant’s employment or the twelve month period immediately following any termination of employment, Participant:

Forfeiture and Repayment. (a) In the event the Participant’s employment is terminated for reasons other than those described in Section 8 5 herein prior to the Dates of the Lapse of RestrictionsVesting Dates, then all outstanding Shares of unvested Restricted Stock RSUs granted hereunder that are unvested shall immediately be forfeited by the Participant. (b) Without limiting the generality of Section 10(a6(a), the Company reserves the right to cancel all Restricted Stock Units awarded hereunder, whether or not vested, and require the Participant to repay all income or gains previously realized in respect of such Restricted StockStock Units, in the event of the occurrence of any of the following events: (i) : • termination of Participant’s employment for Cause; (ii) ; • within one year following any termination of Participant’s employment, the Board determines that the Participant engaged in conduct before the Participant’s termination date that would have constituted the basis for a termination of employment for Cause; (iii) ; • at any time during the Participant’s employment or the twelve month period immediately following any termination of employment, Participant: