Common use of Lapse of Risk of Forfeiture Clause in Contracts

Lapse of Risk of Forfeiture. The Risk of Forfeiture shall lapse as the Grantee vests in the Granted Stock.

Appears in 11 contracts

Samples: Stock Award Agreement (Pacwest Bancorp), Stock Award Agreement (Guaranty Bancorp), Stock Award Agreement (Pacwest Bancorp)

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Lapse of Risk of Forfeiture. The Risk of Forfeiture shall lapse as the Grantee vests in the Granted StockUnits.

Appears in 5 contracts

Samples: Stock Unit Award Agreement (Pacwest Bancorp), Stock Unit Award Agreement (Pacwest Bancorp), Stock Unit Award Agreement (Pacwest Bancorp)

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Lapse of Risk of Forfeiture. The Risk of Forfeiture shall lapse if and as the Grantee vests in the Granted Stock.

Appears in 1 contract

Samples: Stock Award Agreement (White River Capital Inc)

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