Common use of Forfeiture of Restricted Stock Clause in Contracts

Forfeiture of Restricted Stock. Unvested Restricted Stock shall be forfeited without consideration by Participant upon Participant’s termination of Employment with the Company or its Affiliates for any reason.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Iridium Communications Inc.), Non Employee Director Restricted Stock Award Agreement (Iridium Communications Inc.), Non Employee Director Restricted Stock Award Agreement (Iridium Communications Inc.)

AutoNDA by SimpleDocs

Forfeiture of Restricted Stock. Unvested Restricted Stock shall be forfeited without consideration by Participant upon Participant’s termination of Employment employment with the Company or its Affiliates for any reason.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (ExlService Holdings, Inc.), Restricted Stock Award Agreement (ExlService Holdings, Inc.)

AutoNDA by SimpleDocs

Forfeiture of Restricted Stock. Unvested Restricted Stock shall be forfeited without consideration by Participant upon Participant’s termination of Employment employment with the Company or its Affiliates Subsidiaries for any reason.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (ExlService Holdings, Inc.), Restricted Stock Award Agreement (ExlService Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.