Common use of Forfeiture of Unvested Shares Clause in Contracts

Forfeiture of Unvested Shares. If, for any reason, your service as an employee terminates at any time before a vesting date, all Restricted Shares that have not yet vested as of the date of such termination shall be forfeited. In such event, You will sign any document and take any other action required to assign the Restricted Shares back to the Company.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Oil Dri Corporation of America), Restricted Stock Agreement (Oil Dri Corporation of America), Restricted Stock Agreement (Oil Dri Corporation of America)

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Forfeiture of Unvested Shares. If, for any reason, your service as an employee terminates at any time before a vesting date, or if the Plan is not approved by the Company’s stockholders prior to March 14, 2007, all Restricted Shares that have not yet vested as of the date of such termination (or March 14, 2007, as applicable) shall be forfeited. In such event, You you will sign any document and take any other action required to assign the Restricted Shares back to the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (Oil Dri Corporation of America)

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Forfeiture of Unvested Shares. IfExcept as provided below, if, for any reason, your service as an employee terminates at any time before a vesting date, all Restricted Shares that have not yet vested as of the date of such termination shall be forfeited. In such event, You will sign any document and take any other action required to assign the Restricted Shares back to the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (Oil-Dri Corp of America)

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