Common use of Forfeiture of Award Clause in Contracts

Forfeiture of Award. Except as described in Section 5 and Section 10, a Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Vesting Date.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Beacon Roofing Supply Inc

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Forfeiture of Award. Except as described in Section 5 and Section 109, a the Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Vesting Date.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc), Beacon Roofing Supply Inc

Forfeiture of Award. Except as described in Section 5 5(b) and Section 10(c), a Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Vesting Determination Date.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc)

Forfeiture of Award. Except as described in Section 5 and Section 105(b), a the then unvested portion of the Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the applicable Vesting Date.

Appears in 2 contracts

Samples: Award Agreement (Beacon Roofing Supply Inc), Restricted Stock Unit (Beacon Roofing Supply Inc)

Forfeiture of Award. Except as described in Section 5 5(b) and Section 10(c), a Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Vesting Date.

Appears in 2 contracts

Samples: Beacon Roofing Supply Inc, Beacon Roofing Supply Inc

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Forfeiture of Award. Except as described in Section 5 and Section 105(b), a Grantee’s Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Vesting Date.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc), Restricted Stock Unit Award Agreement for Employees (Beacon Roofing Supply Inc)

Forfeiture of Award. Except as described in Section 5 Sections 5(b) and 5(c) and Section 109, a Grantee’s unvested Award shall be forfeited to the Company if the Grantee does not remain in continuous employment with the Company or its affiliates until the Final Vesting Date.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Beacon Roofing Supply Inc)

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