Termination of Employment for Any Other Reason. In the event that the Participating Key Employee is discharged or leaves the employ of the Company or any of its Affiliates for any reason (other than the death or disability of the Participating Key Employee or the retirement of the Participating Key Employee as contemplated by Paragraph 5 above) prior to the applicable Release Date, all Restricted Stock on which the restrictions have not previously lapsed shall be forfeited to the Company on the date on which such termination of employment occurs.
Appears in 2 contracts
Samples: Equity Incentive Plan (Banta Corp), Equity Incentive Plan (Banta Corp)
Termination of Employment for Any Other Reason. In the event that the Participating Key Employee is discharged or leaves the employ of the Company or any of its Affiliates for any reason (other than the death or disability of the Participating Key Employee or the retirement of the Participating Key Employee as contemplated by Paragraph 5 above) prior to the applicable Release Date, all Restricted Stock on which the restrictions have not previously lapsed shall be forfeited to the Company on the date on which such termination of employment occurs.
Appears in 2 contracts
Samples: Company 2004 Equity Incentive Plan (Gehl Co), Restricted Stock Award Agreement (Gehl Co)
