Common use of Limitations on Vesting Clause in Contracts

Limitations on Vesting. If the Participant’s employment terminates for any reason prior to the end of the Performance Period, the Participant shall forfeit all of the RSUs subject to the Target Award. Notwithstanding the foregoing:

Appears in 6 contracts

Samples: Long Term Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp)

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Limitations on Vesting. If the Participant’s employment terminates for any reason prior to the end of the applicable Performance Period, the Participant shall forfeit all of the RSUs subject to the Target AwardAward for that and any subsequent Performance Period. Notwithstanding the foregoing:

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp), Performance Based Restricted Stock Unit Award Agreement (First Defiance Financial Corp)

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