Common use of Reversion to Treasury Clause in Contracts

Reversion to Treasury. All Restricted Shares which are forfeited pursuant to Section 3.4 shall automatically (and without need for further action by the Company, the Participant or any other person) revert to the Company and shall thereupon constitute treasury shares subject to the Plan.

Appears in 3 contracts

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

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Reversion to Treasury. All Restricted Shares which that are forfeited pursuant to Section 3.4 2.3 shall automatically (and without need for further action by the Company, the Participant or any other person) revert to the Company and shall thereupon constitute treasury shares subject to the PlanCompany.

Appears in 1 contract

Samples: Restricted Stock Agreement (iDcentrix, Inc.)

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