Common use of Forfeiture of Performance Shares Clause in Contracts

Forfeiture of Performance Shares. Notwithstanding any other provision of this Agreement, if at any time it shall become impossible for you to receive any Performance Share Payout in respect of the Performance Shares subject to this Agreement, all such Performance Shares shall be forfeited, and you shall have no further rights of any kind or nature with respect thereto.

Appears in 6 contracts

Samples: Performance Share Agreement (Rockwell Automation, Inc), Term Incentives Plan (Rockwell Automation Inc), Incentives Plan (Rockwell Automation Inc)

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Forfeiture of Performance Shares. Notwithstanding any other provision of this Agreement, if at any time it shall become impossible for you to receive any Performance Share Payout in respect of the Performance Shares subject to this Agreement, all such Performance Shares shall be forfeited, and you shall have no further rights of any kind or nature with respect thereto. 4.

Appears in 1 contract

Samples: Incentives Plan Performance Share Agreement (Rockwell Automation Inc)

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