Forfeiture Prior to Vesting. Unless otherwise provided below, if Participant's position as a Service Provider with the Company or any of its Affiliates is terminated by the Company or any such Affiliate for Cause prior to the Vesting Date for one or more of the Restricted Shares, Participant will thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Award Agreement. For purposes of this Award Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) does not constitute a termination of Participant's position as a Service Provider. If the Participant voluntarily terminates their position as a Service Provider with the Company, the portion of Restricted Shares that are unvested shall be forfeited and full ownership of such Restricted Shares and rights will revert to the Company.
Forfeiture Prior to Vesting. If Participant's position as a Service Provider with the Company or any of its Affiliates is terminated by the Company or any such Affiliate for Cause prior to the Vesting Date for one or more of the Restricted Shares, Participant will thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Award Agreement. If the Participant voluntarily terminates his position as a Service Provider with the Company prior to the Vesting Date for one or more of the Restricted Shares, Participant will thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company.
Forfeiture Prior to Vesting. Unless otherwise provided below, if Participant’s position as a Service Provider with the Company or any of its Affiliates is terminated prior to the Vesting Date for one or more of the Restricted Shares, Participant will thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) does not constitute a termination of Participant’s position as a Service Provider. If Participant’s position as a Service Provider with the Company or any of its Affiliates is terminated by the Company or any of its Affiliates prior to the Vesting Date due to Participant’s death or Disability, all restrictions on the Restricted Shares will lapse and cease to be effective, as of the date of Participant’s termination as a Service Provider.
Forfeiture Prior to Vesting. Unless otherwise provided below, if Grantee’s employment with the Company or any of its Affiliates is Terminated prior to the Vesting Date for some or all of the Restricted Shares, Grantee shall thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights shall thereupon revert to the Company. Upon such forfeiture, Grantee shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a Termination of Service. Notwithstanding the foregoing, in the event of Grantee’s death or Disability prior to the Vesting Date, Grantee’s interest in the unvested Restricted Shares granted hereunder shall vest only if the share price component of the Performance Criteria is satisfied, regardless of the length of Grantee’s employment with the Company or one of its Affiliates.
Forfeiture Prior to Vesting. If Participant has a Termination of Affiliation for any reason (other than due to death or Disability) before the Vesting Date, then all of Participant’s unvested Units under this Agreement shall immediately be forfeited as of such termination date. Upon such forfeiture, Participant shall have no further rights under this Agreement.
Forfeiture Prior to Vesting. Unless otherwise provided below, if Participant’s position as a Service Provider with the Company or any of its Affiliates is terminated prior to the Vesting Date for the Restricted Shares, Participant shall thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights shall thereupon revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a termination of Participant’s position as a Service Provider. In the event that Participant’s position as a Service Provider with the Company or any of its Affiliates is terminated by the Company or any of its Affiliates prior to the Vesting Dates and due to Participant’s death or Disability, the Restricted Shares shall become vested, and any restrictions on the transferability of such Restricted Shares shall lapse and cease to be effective, as of the date of Participant’s termination as a Service Provider.
Forfeiture Prior to Vesting. Unless otherwise provided below, if the closing of the Initial Public Offering has not occurred prior to the close of business on September 30, 2012, or if Grantee’s employment with the Company or any of its Affiliates is terminated prior to the Vesting Date, Grantee will thereupon immediately forfeit any and all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Grantee shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) does not constitute a termination of Grantee’s position as an Employee. If Grantee’s position as an Employee with the Company or any of its Affiliates is terminated by the Company or any of its Affiliates prior to the Vesting Date due to Grantee’s death or Disability, all restrictions on the Restricted Shares will lapse and cease to be effective, as of the date of Grantee’s termination as an Employee. “Disability” means the Grantee is unable to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 180 days, as determined by the Compensation Committee of the Board of Directors of the Company or, if there is no such Compensation Committee, the non-employee disinterested members of the Board of Directors.
Forfeiture Prior to Vesting. Unless otherwise provided below or in any other agreement to which the Company and Participant are now or hereafter become parties, if Participant’s employment with the Company or any of its Subsidiaries is terminated for any reason (a “Termination of Employment”) after the Date of Grant but before the Restricted Shares become fully vested pursuant to Section 3 above (the “Restricted Period”), Participant will thereupon immediately forfeit all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Subsidiaries does not constitute a Termination of Employment.
Forfeiture Prior to Vesting. If Grantee's employment with the Company or any of its Affiliates Terminates prior to the third (3rd) anniversary of the Date of Grant identified above opposite the heading "Date of Grant" (the "Vesting Date"), other than by death or Disability, Grantee shall thereupon immediately forfeit all of the Restricted Shares and the full ownership of such Restricted Shares and rights shall thereupon revert to the Company. Upon such forfeiture, Grantee shall have no further rights related thereto under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Affiliates (or between Affiliates) shall not constitute a Termination of Service. Notwithstanding the foregoing, in the event of Grantee's death or Disability prior to the Vesting Date, Grantee's interest in the unvested Restricted Shares granted hereunder shall vest. "Period of Forfeiture" shall mean the period between the Date of Grant and the Vesting Date. The Committee, in its sole discretion, may accelerate the lapse of the forfeitability restrictions for any or all of the Restricted Shares if in its judgment the performance of Grantee has warranted such acceleration and/or such acceleration is in the best interests of the Company.
Forfeiture Prior to Vesting. If Participant has a Termination of Affiliation with the Company or any of its Subsidiaries for any reason (including due to death or Disability) before the end of the Period of Restriction for the Restricted Shares, Participant will thereupon immediately forfeit all unvested Restricted Shares, and the full ownership of such Restricted Shares and rights will revert to the Company. Upon such forfeiture, Participant shall have no further rights under this Agreement. For purposes of this Agreement, transfer of employment between the Company and any of its Subsidiaries does not constitute a Termination of Affiliation. Section 5.4(b) of the Plan shall not apply; all unvested Restricted Shares granted under this Agreement will immediately be forfeited upon Participant’s Termination of Affiliation due to death or Disability.
