Involuntary Termination of Service without Cause or Voluntary Termination of Service for Good Reason. If Grantee incurs an involuntary Termination of Service as the result of a dismissal without Cause or as the result of Grantee’s voluntary Termination of Service for Good Reason, then any Restricted Shares that have not Vested prior to such Termination of Service shall be forfeited to the Company without payment of any consideration or amount to Grantee or any other Person in connection with such forfeiture and Grantee may continue to hold any Restricted Shares that have Vested prior to termination subject to the terms of this Agreement.
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Samples: Restricted Stock Agreement (Sports Field Holdings, Inc.), Restricted Stock Agreement (Meridian Waste Solutions, Inc.), Restricted Stock Agreement (Akers Biosciences Inc)
Involuntary Termination of Service without Cause or Voluntary Termination of Service for Good Reason. If Grantee incurs an involuntary Termination of Service as the result of a dismissal without Cause or as the result of Grantee’s 's voluntary Termination of Service for Good Reason, then any Restricted Shares that have not Vested prior to such Termination of Service shall be forfeited to the Company without payment of any consideration or amount to Grantee or any other Person in connection with such forfeiture and Grantee may continue to hold any Restricted Shares that have Vested prior to termination subject to the terms of this Agreement.
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