Common use of Forfeiture Event Clause in Contracts

Forfeiture Event. Subject to Paragraphs 6C, 6D, 6E and 6F below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the Company, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted Stock, you cease to be an Employee (a "Forfeiture Event").

Appears in 3 contracts

Samples: Performance Based Restricted Stock Award Agreement (Mercantile Bank Corp), Performance Based Restricted Stock Award Agreement (Mercantile Bank Corp), Performance Based Restricted Stock Award Agreement (Mercantile Bank Corp)

AutoNDA by SimpleDocs

Forfeiture Event. Subject to Paragraphs 6C5C, 6D5D, 6E 5E and 6F 5F. below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the Company, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mercantile Bank Corp)

Forfeiture Event. Subject to Paragraphs 6C, 6D, 6E 5C and 6F 5D below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the CompanyCorporation, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee terminate Service (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sterling Bancorp, Inc.)

Forfeiture Event. Subject to Paragraphs 6C5C, 6D5D, 6E 5E, 5F and 6F 5G below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the Company, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mercantile Bank Corp)

Forfeiture Event. Subject to Paragraphs 6C5C, 6D5D, 6E 5E and 6F 5F below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the Company, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Diversified Restaurant Holdings, Inc.)

Forfeiture Event. Subject to Paragraphs 6C5C, 6D, 6E 5D and 6F 5E below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the CompanyCorporation, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee or service provider (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Nutex Health, Inc.)

AutoNDA by SimpleDocs

Forfeiture Event. Subject to Paragraphs 6C5C, 6D, 6E 5D and 6F 5E below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the CompanyCorporation, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee or service provider (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sterling Bancorp, Inc.)

Forfeiture Event. Subject to Paragraphs 6C5C, 6D, 6E 5D and 6F 5E below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the CompanyCorporation, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee terminate Service (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sterling Bancorp, Inc.)

Forfeiture Event. Subject to Paragraphs 6C5C, 6D5D, 6E 5E and 6F 5F below, the shares of your Performance-Based Restricted Stock that would otherwise vest on a Vesting Date will not vest and shall automatically be forfeited and returned to the Company, if after the Grant Date and prior to the Vesting Date for such Performance-Based Restricted StockStock (i.e. during the applicable Restricted Period), you cease to be an Employee (a "Forfeiture Event").

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Diversified Restaurant Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!