Common use of Lapse of Risk of Forfeiture Clause in Contracts

Lapse of Risk of Forfeiture. The risk of forfeiture shall lapse as the Awardee vests in the granted Shares in accordance with the vesting schedule set forth in Section 1 above.

Appears in 18 contracts

Samples: Stock Award Agreement, Stock Award Agreement (Ammo, Inc.), Stock Award Agreement (VinCompass Corp.)

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Lapse of Risk of Forfeiture. The risk of forfeiture shall lapse as the Awardee vests in the granted Shares in accordance with the vesting schedule set forth in Section 1 I above.

Appears in 3 contracts

Samples: Stock Award Agreement (American Technology Corp /De/), Stock Award Agreement (Axesstel Inc), Stock Award Agreement (American Technology Corp /De/)

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