Forfeiture of Performance Shares. (a) If the Grantee ceases to be continuously employed by the Company and/or Subsidiary at any time prior to the Vesting Date, any Performance Shares that has not theretofore become nonforfeitable in accordance with the terms of Section 1 shall be forfeited.
Appears in 2 contracts
Samples: Equity and Performance Incentive Plan (Flowers Foods Inc), 2001 Equity and Performance Incentive Plan (Flowers Foods Inc)
Forfeiture of Performance Shares. (a) If the Grantee ceases to be continuously employed by the Company and/or Subsidiary at any time prior to the Vesting Date, any Performance Shares that has have not theretofore become nonforfeitable in accordance with the terms of Section 1 shall be forfeited.
Appears in 2 contracts
Samples: 2001 Equity and Performance Incentive Plan (Flowers Foods Inc), Equity and Performance Incentive Plan (Flowers Foods Inc)