Common use of Forfeiture on Termination of Employment Clause in Contracts

Forfeiture on Termination of Employment. If the Participant’s employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction and Section 2(b) does not apply or has not applied, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the Participant’s 's employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction and Section Paragraph 2(b) does not apply or has not applied, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the ParticipantEmployee’s employment with the Company and its subsidiaries ceases Subsidiaries terminates for any reason prior to the end of the Period of Restriction and Section 2(bParagraph 2(c) does not apply or has not appliedapplied [Use for Installment Vesting Only: for any portion of the Award Shares], then any Award Shares subject to restrictions at the date of such termination of Employee’s employment shall be automatically forfeited to the Company immediately upon the date of such termination of employmenttermination. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries Subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the Participant’s employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction for any portion of the Award Shares and Section 2(b) does not apply or has not applied, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the Participant’s employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction for any portion of the Award Shares and Section 2(b) does not apply or has not applied, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment. 7.

Forfeiture on Termination of Employment. If the Participant’s 's employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction and Section Paragraph 2(b) does not apply or has not appliedapplied for any portion of the Award Shares, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the ParticipantEmployee’s employment with the Company and its subsidiaries ceases Subsidiaries terminates for any reason prior to the end of the Period of Restriction and Section 2(bParagraphs 2(c) does and 7 do not apply or has not appliedto any portion of the Award Shares then subject to restrictions, then any Award Shares subject to restrictions at the date of such termination of Employee’s employment shall be automatically forfeited to the Company immediately upon the date of such termination of employmenttermination. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries Subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the ParticipantEmployee’s employment with the Company and its subsidiaries ceases Subsidiaries terminates for any reason prior to the end of the Period of Restriction and Section 2(bParagraph 2(c) does not apply or has not appliedapplied for any portion of the Award Shares, then any Award Shares subject to restrictions at the date of such termination of Employee’s employment shall be automatically forfeited to the Company immediately upon the date of such termination of employmenttermination. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries Subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the ParticipantEmployee’s employment with the Company and its subsidiaries ceases Subsidiaries terminates for any reason prior to the end of the Period of Restriction and Section 2(bParagraph 2(c) does not apply or has not appliedto any portion of the Award Shares then subject to restrictions, then any Award Shares subject to restrictions at the date of such termination of Employee’s employment shall be automatically forfeited to the Company immediately upon the date of such termination of employmenttermination. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries Subsidiaries shall not be considered a termination of employment.

Forfeiture on Termination of Employment. If the Participant’s employment with the Company and its subsidiaries ceases prior to the end of the Period of Restriction for any portion of the Award Shares and Section Paragraph 2(b) does not apply or has not applied, then any Award Shares subject to restrictions at the date of such termination of employment shall be automatically forfeited to the Company upon the date of such termination of employment. For purposes of this Agreement, transfer of employment among the Company and its subsidiaries shall not be considered a termination of employment.