General Vesting Terms. Any fractional Vested Share resulting from the vesting of the Restricted Shares in accordance with the Agreement shall be rounded to the nearest whole number. Any of the Restricted Shares that do not vest as of the end of the Performance Period shall be forfeited as of the end of the Performance Period. In the event of a termination of the Participant’s employment with the Company or any of its Subsidiaries for any reason other than the Participant’s death prior to the Vesting Date, all unvested Restricted Shares will be immediately forfeited.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp)
General Vesting Terms. Any fractional Vested Share resulting from the vesting of the Restricted Shares in accordance with the Agreement shall be rounded to the nearest whole number. Any of the Restricted Shares that do not vest as of the end of the Performance Period Vesting Date shall be forfeited as of the end of the Performance Period. In the event of a termination of the Participant’s employment with the Company or any of its Subsidiaries for any reason other than the Participant’s death prior to the Vesting Date, all unvested Restricted Shares will be immediately forfeited.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp), Restricted Stock Award Agreement (World Acceptance Corp)
