Common use of Forfeiture of Restricted Stock Clause in Contracts

Forfeiture of Restricted Stock. Upon the termination of your employment by you, the Company or its Subsidiaries for any reason other than those set forth in Section 4 hereof prior to such vesting, in addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Quorum Health Corp), Restricted Stock Award Agreement (Quorum Health Corp), Restricted Stock Award Agreement (Quorum Health Corp)

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Forfeiture of Restricted Stock. Upon the termination of your employment by you, the Company or its Subsidiaries for any reason other than those set forth in Section 4 hereof prior to such vesting, in addition to the circumstance described in Section 9(a) 9.1 hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Quorum Health Corp), Restricted Stock Award Agreement (Quorum Health Corp)

Forfeiture of Restricted Stock. Upon the termination of your employment by you, the Company or its Subsidiaries for any reason other than those set forth in Section 4 hereof prior to such vesting, in In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the CompanyCompany upon the termination by you, the Company or its Subsidiaries of your employment for any reason other than those set forth in Section 4 hereof prior to such vesting.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Community Health Systems Inc), Restricted Stock Award Agreement (Community Health Systems Inc)

Forfeiture of Restricted Stock. Upon your voluntary separation from service on the termination of your employment by you, the Company or its Subsidiaries Board for any reason other than those set forth in Section 4 hereof prior to such vesting, in addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Quorum Health Corp), Director Restricted Stock Award Agreement (Quorum Health Corp)

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Forfeiture of Restricted Stock. Upon the termination of your employment by you, the Company or its Subsidiaries for any reason other than those set forth in Section 4 hereof prior to such vesting, in In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the CompanyCompany upon the termination by the Grantee's service as a member of the Board of Directors for any reason other than those set forth in Section 4 hereof prior to such vesting.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Community Health Systems Inc)

Forfeiture of Restricted Stock. Upon the later of the termination of your employment or your service as a member of the Board by you, the Company or its Subsidiaries for any reason other than those set forth in Section 4 hereof prior to such vesting, in addition to the circumstance described in Section 9(a) hereof, any and all Shares of Restricted Stock which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company.

Appears in 1 contract

Samples: Amendment of Certain Agreements Under the Community Health Systems, Inc. 2009 Stock Option and Award Plan (Community Health Systems Inc)

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