Common use of Forfeiture; Immediate Vesting Clause in Contracts

Forfeiture; Immediate Vesting. If Employee’s employment is terminated by Employee at any time other than during the six (6) month period immediately following a Change of Control (as such term is hereinafter defined) or by the Company for Cause (as such term is hereinafter defined), then Employee will forfeit, without compensation, any and all Restricted Shares that are unvested as of the date of termination of Employee’s employment. In the event of a Change of Control, or in the event the Company terminates Employee’s employment hereunder without his consent for a reason other than Cause, then all of the Restricted Shares shall vest immediately.

Forfeiture; Immediate Vesting. If Employee’s 's employment is terminated by Employee at any time other than during the six (6) month period immediately following a Change of Control (as such term is hereinafter defined) or by the Company for Cause (as such term is hereinafter defined), then Employee will forfeit, without compensation, any and all Restricted Shares Options that are unvested as of the date of termination of Employee’s 's employment. In the event of a Change of Control, Control or in the event the Company terminates Employee’s 's employment hereunder without his her consent for a reason other than Cause, then all of the Restricted Shares Options shall vest immediately.

Forfeiture; Immediate Vesting. If Employee’s 's employment is terminated by Employee at any time other than during the six (6) month period immediately following a Change of Control (as such term is hereinafter defined) or by the Company for Cause (as such term is hereinafter defined), then Employee will forfeit, without compensation, any and all Restricted Shares Options that are unvested as of the date of termination of Employee’s 's employment. In the event of a Change of Control, Control or in the event the Company terminates Employee’s 's employment hereunder without his consent for a reason other than Cause, then all of the Restricted Shares Options shall vest immediately.

Forfeiture; Immediate Vesting. If Employee’s employment is terminated by Employee at any time other than during the six (6) month period immediately following a Change of Control (as such term is hereinafter defined) or by the Company for Cause (as such term is hereinafter defined), then Employee will forfeit, without compensation, any and all Restricted Shares Options that are unvested as of the date of termination of Employee’s employment. In the event of a Change of Control, Control or in the event the Company terminates Employee’s employment hereunder without his consent for a reason other than Cause, then all of the Restricted Shares Options shall vest immediately.

Forfeiture; Immediate Vesting. If Employee’s employment is terminated by Employee at any time other than during the six (6) month period immediately following a Change of Control (as such term is hereinafter defined) or by the Company for Cause (as such term is hereinafter defined), then Employee will forfeit, without compensation, any and all Restricted Shares Options that are unvested as of the date of termination of Employee’s employment. In the event of a Change of Control, Control or in the event the Company terminates Employee’s employment hereunder without his consent for a reason other than Cause, then all of the Restricted Shares Options shall vest immediately.