Common use of No Repayment or Forfeiture Clause in Contracts

No Repayment or Forfeiture. Upon payment of an installment of Retention Compensation and Performance Incentive Bonus or payment of a Performance Pool Bonus, no amount of Retention Compensation, Performance Incentive Bonus, or Performance Pool Bonus so paid is subject to repayment or forfeiture by Executive.

Appears in 3 contracts

Samples: Retention Agreement (Allied Riser Communications Corp), Retention Agreement (Allied Riser Communications Corp), Retention Agreement (Allied Riser Communications Corp)

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No Repayment or Forfeiture. Upon payment of an installment of Retention Compensation and Performance Incentive Bonus or payment of a Performance Pool Bonus, no amount of Retention Compensation, Performance Incentive Bonus, or Performance Pool Bonus so paid is subject to repayment or forfeiture by Executive.

Appears in 1 contract

Samples: Retention Agreement (Allied Riser Communications Corp)

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