Common use of Reversion to Treasury Clause in Contracts

Reversion to Treasury. All Restricted Shares which are forfeited shall automatically (and without need for further action by the Corporation, the Participant or any other person) revert to the Corporation and shall thereupon constitute treasury shares subject to the Plan or some other plan of the Corporation, as may be provided in the Plan or such other plan.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Graftech International LTD), Restricted Stock Agreement (Graftech International LTD), Of Restricted Stock Agreement (Graftech International LTD)

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