Common use of How You May Forfeit Your Award Clause in Contracts

How You May Forfeit Your Award. This Paragraph 9 sets forth the events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 10. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, payments under Dividend Equivalent Rights, delivery of RSU Shares or release of Transfer Restrictions, (b) deliver any RSU Shares, dividends or payments under Dividend Equivalent Rights into an escrow account in accordance with Paragraph 13(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 have occurred. Paragraph 11 (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 (relating to certain circumstances under which vesting, delivery and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9.

Appears in 6 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc, Goldman Sachs Group Inc

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How You May Forfeit Your Award. This Paragraph 9 8 sets forth the events that result in forfeiture of up to all of your RSUs and Restricted Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 109. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, payments under Dividend Equivalent Rights, delivery of RSU Restricted Shares or release of Transfer Restrictions, (b) deliver any RSU Shares, Restricted Shares or dividends or payments under Dividend Equivalent Rights into an escrow account in accordance with Paragraph 13(f)(v12(f)(v) or (c) apply additional Transfer Restrictions to any RSU Restricted Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 8 have occurred. Paragraph 11 10 (relating to certain circumstances under which you will not forfeit your unvested RSUs Restricted Shares upon Employment termination) and Paragraph 12 11 (relating to certain circumstances under which vesting, delivery vesting and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 98.

Appears in 3 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc, Goldman Sachs Group Inc

How You May Forfeit Your Award. This Paragraph 9 [8][9] sets forth the events that result in forfeiture of up to all of your RSUs and [Shares at Risk and and] may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 10[9][10]. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, [payments under Dividend Equivalent Rights, Rights or] delivery of RSU Shares [or release of Transfer Restrictions], (b) deliver any RSU Shares, [,] [or] dividends [or payments under Dividend Equivalent Rights Rights] into an escrow account in accordance with Paragraph 13(f)(v[12][13](f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 [8][9] have occurred. Paragraph 11 [10][11] (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 [11][12] (relating to certain circumstances under which vesting[, delivery delivery] and/or [delivery] [release of Transfer Restrictions Restrictions] may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9[8][9]. [The Material Risk Taker Appendix supplements this Paragraph 9 and sets forth additional events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm as described in Paragraph 10 and the Appendix.]

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

How You May Forfeit Your Award. This Paragraph 9 8 sets forth the events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 109. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, payments under Dividend Equivalent Rights, Rights or delivery of RSU Shares or release of Transfer RestrictionsShares, (b) deliver any RSU Shares, dividends or payments under Dividend Equivalent Rights into an escrow account in accordance with Paragraph 13(f)(v12(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 8 have occurred. Paragraph 11 10 (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 11 (relating to certain circumstances under which vesting, vesting and/or delivery and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 98.

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

How You May Forfeit Your Award. This Paragraph 9 sets forth the events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 10. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, payments under Dividend Equivalent Rights, delivery of RSU Shares or release of Transfer Restrictions, (b) deliver any RSU Shares, dividends or payments under Dividend Equivalent Rights Shares into an escrow account in accordance with Paragraph 13(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 have occurred. Paragraph 11 (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 (relating to certain circumstances under which vesting, delivery and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9.

Appears in 2 contracts

Samples: Award Agreement (Goldman Sachs Group Inc), Goldman Sachs Group Inc

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How You May Forfeit Your Award. This Paragraph 9 sets forth the events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 10. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, [payments under Dividend Equivalent Rights, ,] delivery of RSU Shares or release of Transfer Restrictions, (b) deliver any RSU Shares, [,] [or] dividends [or payments under Dividend Equivalent Rights Rights] into an escrow account in accordance with Paragraph 13(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 have occurred. Paragraph 11 (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 (relating to certain circumstances under which vesting, delivery and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9. [The Material Risk Taker Appendix supplements this Paragraph 9 and sets forth additional events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm as described in Paragraph 10 and the Appendix.]

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

How You May Forfeit Your Award. This Paragraph 9 sets forth the events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously delivered or paid to you under your Award in accordance with Paragraph 10. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, [payments under Dividend Equivalent Rights, ,] delivery of RSU Shares or release of Transfer Restrictions, (b) deliver any RSU Shares, [,] [or] dividends [or payments under Dividend Equivalent Rights Rights] into an escrow account in accordance with Paragraph 13(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 have occurred. Paragraph 11 (relating to certain circumstances under which you will not forfeit your unvested RSUs upon Employment termination) and Paragraph 12 (relating to certain circumstances under which vesting, delivery and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9. [The Code Staff Forfeiture and Repayment Appendix supplements this Paragraph 9 and sets forth additional events that result in forfeiture of up to all of your RSUs and Shares at Risk and may require repayment to the Firm as described in Paragraph 10 and the Appendix.]

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

How You May Forfeit Your Award. This Paragraph 9 sets forth the events that result in forfeiture of up to all of your RSUs PSUs and Shares at Risk and may require repayment to the Firm of up to all other amounts previously paid or delivered or paid to you under your Award PSUs in accordance with Paragraph 10. More than one event may apply, and in no case will the occurrence of one event limit the forfeiture and repayment obligations as a result of the occurrence of any other event. In addition, the Firm reserves the right to (a) suspend vesting of Outstanding RSUs, payments under Dividend Equivalent RightsPSUs, delivery of RSU Shares the Settlement Amount and payment of any Dividend Equivalent Payments or release of Transfer RestrictionsRestrictions on Shares at Risk, (b) deliver the Settlement Amount, any RSU Shares, dividends or payments under Dividend Equivalent Rights Payments or dividends into an escrow account in accordance with Paragraph 13(f)(v14(f)(v) or (c) apply Transfer Restrictions to any RSU Shares in connection with any investigation of whether any of the events that result in forfeiture under the Plan or this Paragraph 9 have occurred. Paragraph 11 12 (relating to certain circumstances under which you will not forfeit your unvested RSUs PSUs upon Employment termination) and Paragraph 12 13 (relating to certain circumstances under which vesting, delivery vesting and/or release of Transfer Restrictions may be accelerated) provide for exceptions to one or more provisions of this Paragraph 9.

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

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