Common use of Other Lapse or Termination of Risk of Forfeiture Clause in Contracts

Other Lapse or Termination of Risk of Forfeiture. With respect to any Units that remain subject to risk of forfeiture under Section 3 on the fifth business day after the day on which such risk of forfeiture shall have lapsed or terminated pursuant to, and in accordance with, the provisions of Section 4 below, the Company shall deliver or cause to be delivered to Grantee a stock certificate registered in the name of Grantee in respect of the shares of Common Stock subject to those Units in respect of which such risk of forfeiture shall have so lapsed or terminated.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Acme Packet Inc), Restricted Stock Unit Agreement (Acme Packet Inc), Restricted Stock Unit Agreement (Acme Packet Inc)

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