Common use of Forfeiture of the Award Clause in Contracts

Forfeiture of the Award. Any portion of the Award that is unvested shall automatically be forfeited on the date that the Recipient ceases to be employed by the Company.

Appears in 4 contracts

Samples: Performance Share Award Agreement (Lsi Industries Inc), Performance Share Award Agreement (PharMerica CORP), Performance Share Award Agreement (PharMerica CORP)

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