Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the Award, the Holder shall, upon the Company’s request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (National Beef, Inc.), Restricted Stock Unit Award Agreement (Exelon Generation Co LLC), Restricted Stock Unit Award Agreement (Exelon Corp)
Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the AwardAward pursuant to Section 3.2, the this Award shall immediately terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall shall, however, be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Exelon Generation Co LLC), Restricted Stock Award Agreement (Commonwealth Edison Co)
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the this Award shall terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.. Stock Award Agreement-Xxxxxx X. Xxxxxxxx, Xx. Page 2
Appears in 1 contract
Termination of Award. In the event that the Holder shall forfeit any shares of Common Stock subject to the AwardAward pursuant to Section 3.2, the this Award shall immediately terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall shall, however, be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement. Cancellation of this Agreement shall not effect the Holder's right hereunder with respect to any vested shares.
Appears in 1 contract
Samples: Employment Agreement (Exelon Corp)
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for full or partial cancellation, as the case may be. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Bell Sports Corp)
Termination of Award. In the event that the Holder shall forfeit any all or a portion of the shares of Common Stock subject to the Award, the this Award shall terminate. The Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for cancellation. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
Termination of Award. In the event that the Holder shall forfeit any shares all or a portion of Common Stock the Units subject to the Award, the Holder shall, upon the Company’s 's request, promptly return this Agreement to the Company for full or partial cancellation, as the case may be. Such cancellation shall be effective upon forfeiture regardless of whether the Holder is requested to return or returns this Agreement.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Starwood Hotel & Resorts Worldwide Inc)
