Forfeiture; Termination of Employment. Shares of Restricted Stock that are included in this award shall be forfeited by the Participant upon the Participant’s termination of employment prior to vesting for any reason other than death or Disability, as defined in the Plan. All shares of Restricted Stock will immediately vest upon a Change in Control, as defined in the Plan, provided Participant is in employment with the Company on the date of the Change in Control. 8.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc)
Forfeiture; Termination of Employment. Shares of Restricted Stock that are included in this award shall be forfeited by the Participant upon the Participant’s termination of employment prior to vesting for any reason other than death or Disability, as defined in the Plan. All shares of Restricted Stock will immediately vest upon a Change in Control, as defined in the Plan, provided Participant is in employment with the Company on the date of the Change in Control. 8.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Eplus Inc), Restricted Stock Award Agreement (Eplus Inc)
Forfeiture; Termination of Employment. Shares of Restricted Stock that are included in this award shall be forfeited by the Participant participant upon the Participantparticipant’s termination of employment prior to vesting for any reason other than death or Disability, as defined in the Plan. All shares of Restricted Stock will immediately vest upon a Change in Control, as defined in the Plan, provided Participant participant is in employment with the Company on the date of the Change in Control. 8Control [for directors only: or upon mandatory retirement as provided in the Plan].
Appears in 1 contract
Forfeiture; Termination of Employment. Shares of Restricted Stock that are included in this award shall be forfeited by the Participant participant upon the Participantparticipant’s termination of employment prior to vesting for any reason other than death or Disability, as defined in the Plan. All shares of Restricted Stock will immediately vest upon a Change in Control, as defined in the Plan, provided Participant participant is in employment with the Company on the date of the Change in Control. 8, or upon mandatory retirement as provided in the Plan.
Appears in 1 contract
Forfeiture; Termination of Employment. Shares of Restricted Stock that are included in this award shall be forfeited by the Participant participant upon the Participantparticipant’s termination of employment prior to vesting for any reason other than death or Disability, as defined in the Plan. All shares of Restricted Stock will immediately vest upon a Change in Control, as defined in the Plan, provided Participant is in employment with the Company on the date of the Change in Control. 8.
Appears in 1 contract