Forfeiture of Stock. Any of the Stock covered by this Agreement that has not become vested in accordance with Section 3 will be forfeited unless the Board determines to provide otherwise. In the event of a forfeiture, the Stock covered by this Agreement that has not become vested in accordance with Section 3 shall be cancelled or, with respect to Stock subject to a Deferral Election, as otherwise provided by the Rabbi Trust Agreement and the Deferred Compensation Plan.
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Samples: Director Restricted Stock Agreement (Aerojet Rocketdyne Holdings, Inc.), Restricted Stock Agreement (Aerojet Rocketdyne Holdings, Inc.), Restricted Stock Agreement (Aerojet Rocketdyne Holdings, Inc.)
Forfeiture of Stock. Any of the Stock covered by this Agreement that has not become vested in accordance with Section 3 of this Agreement will be forfeited unless the Board Committee determines to provide otherwise. In the event of a forfeiture, the certificates representing all of the Stock covered by this Agreement that has not become vested in accordance with Section 3 of this Agreement shall be cancelled or, with respect to Stock subject to a Deferral Election, as otherwise provided by the Rabbi Trust Agreement and the Deferred Compensation Plancancelled.
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Samples: Restricted Stock Agreement (Gencorp Inc), Restricted Stock Agreement (Gencorp Inc)
Forfeiture of Stock. Any of the Stock covered by this Agreement that has not become vested in accordance with Section 3 will be forfeited unless the Board determines to provide otherwise. In the event of a forfeiture, the certificates representing all of the Stock covered by this Agreement that has not become vested in accordance with Section 3 shall be cancelled or, with respect to Stock subject to a Deferral Election, as otherwise provided by the Rabbi Trust Agreement and the Deferred Compensation Plancancelled.
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