Stock Plan. Upon occurrence of the Leave, any unvested restricted stock awarded to Executive under a stock plan sponsored by Sears, shall be forfeited as of the first day of the Leave.
Appears in 6 contracts
Sources: Executive Severance Agreement, Executive Severance Agreement, Executive Severance Agreement (Sears Holdings Corp)
Stock Plan. Upon occurrence of the Leave, any unvested options or restricted stock awarded to Executive under a stock plan sponsored by Sears, Sears shall be forfeited as of the first day of the Leave.
Appears in 4 contracts
Sources: Executive Severance Agreement (Sears Holdings Corp), Executive Severance Agreement (Sears Holdings Corp), Executive Severance Agreement (Sears Holdings Corp)