Forfeiture of PRSUs. Except as provided in Section 4 or as the [Board] Committee may determine on a case-by-case basis, subject to the terms of the Plan, at such time as Grantee ceases to be continuously employed by the Company before the Vesting Date, any PRSUs that have not theretofore been earned hereunder shall be forfeited.
Appears in 2 contracts
Samples: Form of Performance Restricted Stock Unit Agreement (Georgia Gulf Corp /De/), Performance Restricted Stock Unit Agreement (Georgia Gulf Corp /De/)
Forfeiture of PRSUs. Except as provided in Section 4 3 or Section 4, or as the [Board] Committee may determine on a case-by-case basis, subject to the terms of the Plan, at such time as Grantee ceases to be continuously employed by the Company before the Normal Vesting Date, any PRSUs that have not theretofore been earned become vested hereunder shall be forfeited.
Appears in 1 contract
Samples: Performance Restricted Stock Unit Agreement (Axiall Corp/De/)
Forfeiture of PRSUs. Except as provided in Section 4 4, or as the [Board] Committee may determine on a case-by-case basis, subject to the terms of the Plan, at such time as Grantee ceases to be continuously employed by the Company before the Normal Vesting Date, any PRSUs that have not theretofore been earned become vested hereunder shall be forfeited.
Appears in 1 contract
Samples: TSR Based Performance Restricted Stock Unit Agreement (Axiall Corp/De/)
