Common use of Forfeiture of Unvested RSUs Clause in Contracts

Forfeiture of Unvested RSUs. Subject to any accelerated vesting under Sections 2(c), and any exercise of the Committee’s discretion under Section 8.3(4) of the Plan, if the Participant experiences a Termination of Employment, any unvested RSUs shall be forfeited and the Participant shall have no further interest in, or right to receive shares of Common Stock in settlement of, such RSUs.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Regis Corp), Restricted Stock Unit Agreement (Regis Corp), Restricted Stock Unit Agreement (Regis Corp)

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Forfeiture of Unvested RSUs. Subject to any accelerated vesting under Sections 2(c) or 2(d), and any exercise of the Committee’s discretion under Section section 8.3(4) of the Plan, if the Participant experiences a Termination of Employment, any unvested RSUs shall be forfeited and the Participant shall have no further interest in, or right to receive shares of Common Stock in settlement of, such RSUs.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Regis Corp), Restricted Stock Unit Agreement (Regis Corp)

Forfeiture of Unvested RSUs. Subject to any accelerated vesting under Sections 2(cSection 3(c), and any exercise of the Committee’s discretion under Section 8.3(4) of the Plan, if the Participant experiences a Termination of Employment, any unvested RSUs shall be forfeited and the Participant shall have no further interest in, or right to receive shares of Common Stock in settlement of, such RSUs.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Regis Corp), Restricted Stock Unit Agreement (Regis Corp)

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Forfeiture of Unvested RSUs. Subject to any accelerated vesting under Sections Section 2(c), and any exercise of the Committee’s discretion under Section 8.3(4) of the Plan, if the Participant experiences a Termination of Employment, any unvested RSUs shall be forfeited and the Participant shall have no further interest in, or right to receive shares of Common Stock in settlement of, such RSUs.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Regis Corp)

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