Repayment Requirement. If the Participant’s employment is terminated (or notice to terminate is given by the Participant or the Company) for any reason other than death, Disability, Retirement, or termination by the Company without Cause within 12 months of the date the Participant commences employment with the Company, any unvested RSUs shall be forfeited in their entirety on the Participant’s termination date without any payment to the Participant and the Participant shall be required to repay the Company within 14 days of the Participant’s termination date the net value (following any applicable tax and other statutory deductions) of any Shares that the Participant received pursuant to this Award Agreement.] [Section 7 is only applicable to buy-out awards.]
Repayment Requirement. The Participant's Account balance (unadjusted for gains or losses subsequent to the forfeiture) shall be restored if he repays to the Trustee the full amount of any distribution with respect to which the forfeiture arose prior to the earlier of (1) the date on which he incurs a Period of Severance of five years commencing after his distribution, or (2) the fifth anniversary of the first date on which the Participant subsequently performs his first Hour of Service after his Separation From Service. A Participant who is deemed to have received a distribution under Section 5.04 (because he had no Nonforfeitable Interest in his Account balance) will be deemed to have repaid his Account balance upon his reemployment if he is reemployed before the earlier of the dates specified in clauses (1) and (2) in the preceding sentence.
Repayment Requirement. If the Recipient’s employment is terminated (or notice to terminate is given by the Recipient or the Company) for any reason other than death, Disability, Retirement, or termination by the Company without Cause within 12 months of the date the Recipient commences employment with the Company, any unvested portion of the Award shall be forfeited in its entirety on the Recipient’s termination date without any payment to the Recipient and the Recipient shall be required to repay the Company within 14 days of the Recipient’s termination date the net value (following any applicable tax and other statutory deductions) of any portion of the Award that the Recipient received pursuant to this Award Agreement.] [Section 7 only applicable to buy-out awards]
Repayment Requirement. The Member's Matching Contribution Account and Supplemental Contribution Account balances shall be restored if he repays to the Trustee the full amount of any distribution from his Matching Contribution Account and his Supplemental Contribution Account with respect to which the forfeiture arose prior to the earlier of (1) the date on which he incurs a Period of Severance of five years commencing after his distribution, or (2) the fifth anniversary of the first date on which the Member subsequently performs his first Hour of Service after his Separation From Service. A person who is deemed to have received a distribution under Section 6.02 (because he had no Nonforfeitable Interest in amounts credited to his Matching Contribution Account and his Supplemental Contribution Account) will be deemed to have repaid amounts credited to his Matching Contribution Account and his Supplemental Contribution Account upon his reemployment if he is reemployed before the earlier of the dates specified in clauses (1) and (2) in the preceding sentence.
Repayment Requirement. If I fail to meet the UCCS Colorado Rural Healthcare Workforce Scholarship qualifications, I will be expected to begin repaying my UCCS Colorado Rural Healthcare Workforce Scholarship awarded funds beginning thirty-one (31) days after failing to meet any of the requirements for which the funds were awarded. These requirements include: • Maintaining enrollment with a GPA of at least 3.0 in the program for which the UCCS Colorado Rural Healthcare Workforce Scholarship was awarded. • Graduating from the program for which the scholarship was awarded. • Meeting the commitment to practice for two years in a rural or frontier county in Colorado. I will be expected to begin repaying my UCCS Colorado Rural Healthcare Workforce Scholarship beginning thirty-one (31) days after declaring that I do not intend to fulfill the service requirement. LOAN PREPAYMENT – If I am required to repay any or all my awarded scholarship, I may prepay all or any part of my unpaid loan balance, plus any accrued interest, at any time without penalty. Amounts I repay in excess of the amount due for an installment shall be used to repay principal unless I designate it as an advance payment of the next regular installment. I will not prepay on the loan unless I am in repayment status; if I later perform service credits for loan forgiveness, payments towards the loan will not be refunded. LOAN INTEREST – Interest on this loan shall accrue from the beginning of the repayment period. My annual fixed interest rate is 5%. LOAN MINIMUM MONTHLY PAYMENT – UCCS sets the minimum monthly payment amount and up to 10 years to repay my obligation. My repayment period may be shorter than 10 years based on the minimum monthly payments and the amount that I owe. LATE CHARGES – UCCS may impose late charges if I do not make a scheduled payment when due or if I fail to submit to ECSI, on or before the due date of the payment, a properly documented request for any of the forbearance or deferment benefits as described in the Note. No late charges may exceed 20 percent of my monthly payment. UCCS may add the late charges to the principal the day after the scheduled payment was due or include it with the next scheduled payment after I have received notice of the charge, and such notice is sent before the next installment is due. FORBEARANCE OF REPAYMENT PERIOD – Upon making a timely and properly documented written request to ECSI, I am entitled to forbearance of principal only, renewable at intervals of up to 12 m...
Repayment Requirement. The Employee's Matching Contribution Account and Supplemental Contribution Account balances shall be restored if he repays to the Trustee the full amount of any distribution from his Matching Contribution Account and his Supplemental Contribution Account with respect to which the forfeiture arose prior to the earlier of (1) the date on which he incurs a Period of Severance of five years commencing after his distribution, or (2) the fifth anniversary of the first date on which the Participant subsequently performs his first Hour of Service after his Separation From Service. A person who is deemed to have received a distribution under Section 6.02 (because he had no Nonforfeitable Interest in amounts credited to his Matching Contribution Account and his Supplemental Contribution Account) will be deemed to have repaid amounts credited to his Matching Contribution Account and his Supplemental Contribution Account upon his reemployment if he is reemployed before the earlier of the dates specified in clauses (1) and (2) in the preceding sentence. An Employee who does not resume employment in a classification of employees that is eligible to participate in the Plan (determined under Article II) prior to the repayment deadline specified above shall not have his Matching Contribution Account and Supplemental Contribution Account balances restored.
Repayment Requirement. Notwithstanding anything to the contrary, you agree that if you voluntarily terminate your employment with the Company other than for Good Reason prior to November 1, 2018, or other than as a result of your death or a disability rendering you physically or mentally unable to perform your duties, you will promptly repay to the Company a pro rata portion of the after-tax amount of the Sign-On Cash Bonus paid to you equal to all such amounts multiplied by a fraction, the numerator of which is the number of months not worked during such one year period and the denominator of which is twelve. The Company will have full recourse to collect such amounts from you, including by offsetting such amounts from any other amounts owed to you by the Company.
Repayment Requirement. Notwithstanding anything to the contrary, you agree that if you voluntarily terminate your employment with the Company other than for Good Reason prior to April 1, 2019, or other than as a result of your death or a disability rendering you physically or mentally unable to perform your duties, you will promptly repay to the Company a pro rata portion of the after-tax amount of the Make-Whole Cash Bonus, Relocation Amounts and Tax Equalization and Advisory Expenses paid to you equal to all such amounts multiplied by a fraction, the numerator of which is the number of months not worked during such two year period and the denominator of which is twenty-four. The Company will have full recourse to collect such amounts from you, including by offsetting such amounts from any other amounts owed to you by the Company.
Repayment Requirement. The Member’s ESOP Account and Employer Contribution Account shall be restored if he repays to the Trustee, in cash, the full amount of any distribution from the ESOP Account and Employer Contribution Account with respect to which the forfeiture arose. A Member who is deemed to have received a distribution under Section 6.09 (because he had no Nonforfeitable Interest in amounts credited to his Account) shall be deemed to have repaid his Account balance in shares of Common Stock upon his reemployment if he is reemployed before the earlier of the dates specified in clauses (i) and (ii) of the preceding sentence. Any such repayment must be made prior to the earlier of (i) the date on which he incurs a Period of Severance of five years commencing after his distribution, or (ii) the fifth anniversary of the first date on which the Member is subsequently re-employed by the Employer.
Repayment Requirement. The Employee’s Basic Matching Contribution Account, Supplemental Matching Contribution Account and Supplemental Contribution Account balances shall be restored if he repays to the Trustee the full amount of any distribution from his Basic Matching Contribution Account, Supplemental Matching Contribution Account and Supplemental Contribution Account with respect to which the forfeiture arose prior to the earlier of (1) the date on which he incurs a Period of Severance of five years commencing after his distribution, or (2) the fifth anniversary of the first date on which the Participant subsequently performs his first Hour of Service after his Separation From Service. A person who is deemed to have received a distribution under Section 6.02 (because he had no Nonforfeitable Interest in amounts credited to his Basic Matching Contribution Account, Supplemental Matching Contribution Account and Supplemental Contribution Account) will be deemed to have repaid amounts credited to his Basic Matching Contribution Account, Supplemental Matching Contribution Account and Supplemental Contribution Account upon his reemployment if he is reemployed before the earlier of the dates specified in clauses (1) and (2) in the preceding sentence. An Employee who does not resume employment in a classification of employees that is eligible to participate in the Plan (determined under Article II) prior to the repayment deadline specified above shall not have his Basic Matching Contribution Account, Supplemental Matching Contribution Account and Supplemental Contribution Account balances restored.
