Mandatory Suspension and Cancellation of Stock. In the event Chartwell reasonably believes Director has committed an act of misconduct including, but limited to acts specified below, the Chartwell may suspend Director's right in his or her Restricted Stock Award granted hereunder pending final determination by the Board of Directors. If Director is determined by the Board to have:
Appears in 4 contracts
Samples: Agreement (Chartwell International, Inc.), Agreement (Chartwell International, Inc.), Agreement (Chartwell International, Inc.)
