Other Forfeitures Sample Clauses
Other Forfeitures. The Subscriber further acknowledges and agrees that, in addition to the forfeiture provisions of Sections 3.1 and 3.2, the Shares shall be subject to further forfeiture, and the Subscriber acknowledges and agrees that it shall forfeit any and all rights to such number of Shares as it may be required to forfeit, under and in accordance with the provisions of one or more written agreements (collectively, the “Forfeiture Agreements”) to be dated on or prior to the closing of the IPO by and among the Subscriber, the Company and any other persons or entities that may be deemed appropriate to be parties thereto, including forfeitures of the Shares in connection with certain redemptions of the Units, as well as the implementation of a post-business combination price protection feature for the benefit of holders of the Company’s Class A Ordinary Shares included in the Units.
Other Forfeitures. Notwithstanding the general vesting provisions of Section 2(a), the Award Recipient’s Cash Award shall be forfeited completely upon a finding by a committee consisting of the Chairman of the Board, the chief executive officer of the Company and the general counsel of the Company (the “Determination Committee”) upon a finding by the executive vice president of the Company responsible for the Award Recipient’s business unit that the Award Recipient has violated his duty of loyalty to the Company or otherwise breached the conditions of his employment. No such forfeiture shall occur, however, until such time as the Award Recipient’s appeal of the decision of the Determination Committee to the Managing Director Compensation Committee (the “MDCC”) has been made and decided unfavorably by the MDCC or the Award Recipient has decided not to pursue such an appeal. The following shall constitute such a violation or breach, with each such term as hereinafter defined: the Award Recipient’s (i) having a Conflict of Interest; (ii) disclosure of Proprietary Information; (iii) violation of the Company’s anti-harassment policy; (iv) violation of the Company’s non-competition requirements and (v) violation of the Company’s non-solicitation rules. For purposes of this Agreement the referenced terms are defined as follows:
Other Forfeitures. Even after the necessary Vesting Service has been rendered to fully vest a Forfeitable Account Balance, such Account Balance and any Vested Account may be forfeited and applied as provided in Section 8.6.
Other Forfeitures. If elected in the Joinder Agreement, a Participant's benefits (without regard to the Vested Percentage) may be forfeited on the terms and conditions established by the Employer on Schedule F.
Other Forfeitures. If the Adjusted Grant Amount is zero, then the rights of the Participant under this Agreement shall be forfeited and this Agreement shall have no further force or effect.