Common use of Forfeiture of Rights Clause in Contracts

Forfeiture of Rights. Notwithstanding anything herein to the contrary, if Participant violates any provisions of this Section 2, Participant shall forfeit all rights to payments or benefits under the Plan. All unsettled MSUs shall terminate, be forfeited and be incapable of vesting.

Appears in 12 contracts

Samples: Market Stock Units Award Agreement (H&r Block Inc), Market Stock Units Award Agreement (H&r Block Inc), Market Stock Units Award Agreement (H&r Block Inc)

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Forfeiture of Rights. Notwithstanding anything herein to the contrary, if Participant violates any provisions of this Section 2Sections 5 and 6 of the Employment Agreement, Participant shall forfeit all rights to payments or benefits under the Plan. All in accordance with Section 2.3 and all unsettled MSUs shall terminate, be forfeited and be incapable of vesting.

Appears in 1 contract

Samples: Market Stock Units Award Agreement (H&r Block Inc)

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