Common use of Forfeiture Clause in Contracts

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason.

Appears in 22 contracts

Samples: Restricted Stock Agreement (Torrid Holdings Inc.), Restricted Stock Agreement (loanDepot, Inc.), Restricted Stock Agreement (loanDepot, Inc.)

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Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reasonreason other than a Special or Qualifying Termination.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Andersons, Inc.), Restricted Stock Agreement (Andersons, Inc.), Restricted Stock Agreement (Andersons, Inc.)

Forfeiture. Subject Except as otherwise provided herein (including, without limitation, the accelerated vesting provisions set forth herein) and subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination termination of service with the Company and its Subsidiaries for any reason.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Dex Media, Inc.), Non Qualified Stock Option Award Agreement (DEX ONE Corp), Restricted Stock Award Agreement (DEX ONE Corp)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reasonreason other than a Special Termination.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Andersons, Inc.), Restricted Stock Agreement (Andersons, Inc.), Restricted Stock Agreement (Andersons, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant ceasing to be a full-time employee of the Company or the Participant’s Termination, other than a Termination for any reasonwithout Cause.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Townsquare Media, Inc.), Restricted Stock Award Agreement (Townsquare Media, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunderhereunder and subject to the provisions of Sections 3(b) and 3(c) above, all unvested shares of Restricted Stock Units shall be immediately forfeited upon the Participant’s Termination for any reason.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (TerraForm Power, Inc.), Restricted Stock Unit Agreement (TerraForm Power, Inc.)

Forfeiture. Subject Except as provided pursuant to Section 3(c) above, and subject to the Committee’s discretion to accelerate vesting hereunder, hereunder all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (European Sustainable Growth Acquisition Corp.), Restricted Stock Award Agreement (CM Life Sciences II Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason. In the event that the Participant does not execute the Covenants Agreement or materially violates any material provision contained therein, the Restricted Stock shall be immediately forfeited and the Participant shall have no further rights under this Agreement.

Appears in 2 contracts

Samples: Non Competition Agreement (Roundy's, Inc.), Non Competition Agreement (Roundy's, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunderhereunder and subject to the provisions of Sections 3(c) and 3(d) above, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Terraform Global, Inc.), Restricted Stock Agreement (Terraform Global, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock [that are not eligible to vest after the Participant’s Termination of Service] shall be immediately forfeited upon the Participant’s Termination of Service for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (GreenSky, Inc.)

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Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunderhereunder and/or any accelerated vesting provided under an effective employment agreement between the Company and the Participant, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (Sandridge Energy Inc)

Forfeiture. Subject Except as otherwise provided herein (including, without limitation, the accelerated vesting provisions set forth herein) and subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination termination of service with the Company and its Affiliates for any reason.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Dex Media, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination termination for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (TAMINCO ACQUISITION Corp)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination for any reason[·].

Appears in 1 contract

Samples: Restricted Stock Agreement (GSE Holding, Inc.)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunderhereunder and/or any accelerated vesting provided under an effective employment agreement between the Company and the Participant, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination of Directorship for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (Sandridge Energy Inc)

Forfeiture. Subject to the Committee’s discretion to accelerate vesting hereunder, and except as provided in Section 3(b) hereof, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant’s Termination termination for any reason.

Appears in 1 contract

Samples: Restricted Stock Agreement (GSE Holding, Inc.)

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