Common use of Termination of Employment or Service (Termination for Cause) Clause in Contracts

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: Stock Based Incentive Plan (Pulaski Financial Corp), Stock Based Incentive Plan (First Capital Inc)

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Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc), 1999 Stock Based Incentive Plan (First Bancorp of Indiana Inc)

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 2 contracts

Samples: Stock Based Incentive Plan (Richmond County Financial Corp), Stock Based Incentive Plan (Bayonne Bancshares Inc)

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: 2005 Stock Based Incentive Plan (Tf Financial Corp)

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Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- -------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all Stock Awards in which the Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: 1999 Stock Based Incentive Plan (Massachusetts Fincorp Inc)

Termination of Employment or Service (Termination for Cause). Unless ------------------------------------------------------------- otherwise determined by the Committee, or in the event of the Participant's Termination for Cause, all unvested Stock Awards in which the held by such Participant had not become vested as of the effective date of such Termination for Cause shall be forfeited and any rights such Participant had to such unvested Stock Awards shall become null and void.

Appears in 1 contract

Samples: Stock Based Incentive Plan (Pulaski Bancorp Inc)

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