Forfeiture on Termination of Employment. Except as provided in Section 2(b) or in Section 12.4 of the Plan, the balance of any Award Shares which are not considered Vested by or at the Participant’s termination of employment with the Company and its subsidiaries shall be automatically forfeited to the Company.
Appears in 5 contracts
Samples: Time Based Restricted Stock Agreement (Atlantic Union Bankshares Corp), Time Based Restricted Stock Agreement (Atlantic Union Bankshares Corp), Time Based Restricted Stock Agreement (Union Bankshares Corp)
Forfeiture on Termination of Employment. Except as provided in Section 2(b) or in Section 12.4 of the Plan), the balance of any Award Shares which are not considered Vested by or at the Participant’s termination of employment with the Company and its subsidiaries Subsidiaries shall be automatically forfeited to the Companyforfeited.
Appears in 3 contracts
Samples: Time Based Restricted Stock Agreement (StellarOne CORP), Performance Based Restricted Stock Agreement (StellarOne CORP), Time Based Restricted Stock Agreement (StellarOne CORP)
Forfeiture on Termination of Employment. Except as provided in Section 2(b) or in Section 12.4 of the Plan), the balance of any Award Shares which are not considered Vested by or at the ParticipantEmployee’s termination of employment with the Company and its subsidiaries Subsidiaries shall be automatically forfeited to the Companyforfeited.
Appears in 2 contracts
Samples: Time Based Restricted Stock Agreement (StellarOne CORP), Performance Based Restricted Stock Agreement (StellarOne CORP)
Forfeiture on Termination of Employment. Except as provided in Section 2(b) or in Section 12.4 of the Plan, the The balance of any Award Shares which are not considered Vested by or at the ParticipantEmployee’s termination of employment with the Company and its subsidiaries Subsidiaries shall be automatically forfeited to the Companyforfeited.
Appears in 1 contract
