Common use of Involuntary Termination of Service for Cause or Voluntary Termination of Service without Good Reason Clause in Contracts

Involuntary Termination of Service for Cause or Voluntary Termination of Service without Good Reason. If Grantee incurs an involuntary Termination of Service as the result of a dismissal by the Company for Cause (as defined below) or as the result of Grantee’s voluntary Termination of Service without Good Reason (as defined below), all Restricted Shares that have not Vested prior to such Termination of Service shall be immediately forfeited to the Company without payment of any consideration or amount to Grantee or any other “person” (as such term is defined in Section 3(a)(9) and as used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) (“Person”) in connection with such forfeiture. For purposes of this Agreement, “Good Reason” shall mean, to the extent that there is an employment or other agreement governing the relationship between Grantee and the Company that contains a definition of “good reason,” Good Reason shall have the meaning as defined therein. Otherwise, “Good Reason” shall have the definition contained in the Plan. Likewise, for purposes of this Agreement, “Cause” shall mean, to the extent that there is an employment or other agreement governing the relationship between Grantee and the Company that contains a definition of “cause,” Cause shall have the meaning as defined therein. Otherwise, “Cause” shall have the definition contained in the Plan.

Involuntary Termination of Service for Cause or Voluntary Termination of Service without Good Reason. If Grantee incurs an involuntary Termination of Service as the result of a dismissal by the Company for Cause (as defined below) or as the result of Grantee’s 's voluntary Termination of Service without Good Reason (as defined below), all Restricted Shares that have not Vested prior to such Termination of Service shall be immediately forfeited to the Company without payment of any consideration or amount to Grantee or any other “"person” " (as such term is defined in Section 3(a)(9) and as used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) (“"Person”") in connection with such forfeiture. For purposes of this Agreement, “"Good Reason” " shall mean, to the extent that there is an employment or other agreement governing the relationship between Grantee and the Company that contains a definition of “"good reason,” " Good Reason shall have the meaning as defined therein. Otherwise, “"Good Reason” " shall have the definition contained in the Plan. Likewise, for purposes of this Agreement, “"Cause” " shall mean, to the extent that there is an employment or other agreement governing the relationship between Grantee and the Company that contains a definition of “"cause,” " Cause shall have the meaning as defined therein. Otherwise, “"Cause” " shall have the definition contained in the Plan.