Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting of the Units and, if the Participant has previously sold any Shares derived from the Units, the Company shall also have the right to recover from the Participant the economic value thereof.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Limbach Holdings, Inc.), Restricted Stock Unit Agreement (Limbach Holdings, Inc.), Restricted Stock Unit Agreement (Limbach Holdings, Inc.)
Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting exercise of the Units Option and, if the Participant has previously sold any Shares derived from the UnitsOption, the Company shall also have the right to recover from the Participant the economic value thereof.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (CPI Card Group Inc.), Nonqualified Stock Option Agreement (CPI Card Group Inc.), Nonqualified Stock Option Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s material breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting of the Restricted Stock Units and, if the Participant has previously sold any Shares derived from the Restricted Stock Units, the Company shall also have the right to recover from the Participant the economic value thereof, determined as of the date of vesting.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (CPI Card Group Inc.), Restricted Stock Unit Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting of the Restricted Stock Units and, if the Participant has previously sold any Shares derived from the Restricted Stock Units, the Company shall also have the right to recover from the Participant the economic value thereof, determined as of the date of vesting.
Appears in 2 contracts
Samples: Performance Based Restricted Stock Unit Agreement (CPI Card Group Inc.), Restricted Stock Unit Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting of the Restricted Stock Units and, if the Participant has previously sold any Shares derived from the Restricted Stock Units, the Company shall also have the right to recover from the Participant the economic value thereof.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting exercise of the Units Option and, if the Participant has previously sold any Shares derived from the UnitsOption, the Company shall also have the right to recover from the Participant the economic value thereof, determined as of the date of exercise.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s material breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting of the Restricted Stock Units and, if the Participant has previously sold any Shares derived from the Restricted Stock Units, the Company shall also have the right to recover from the Participant the economic value thereof.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (CPI Card Group Inc.)
Recovery of Shares. In the event of the Participant’s breach of any of the Restrictive Covenants, the Company shall be entitled to recover any Shares acquired upon the vesting exercise of the Units Option and, if the Participant has previously sold any Shares derived from the UnitsOption, the Company shall also have the right to recover from the Participant the economic value thereof, determined as of the date of exercise.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (CPI Card Group Inc.)
