IRR Release Date Partial Forfeiture Election. The Management Stockholder may elect by written notice to the Company to Forfeit such portion of such Management Stockholder’s shares of Restricted Stock, which, together with any such shares elected to be so Forfeited by other Management Members, are sufficient to cause the IRR Release Date to occur.
Appears in 4 contracts
Samples: Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.)
