Termination of Service; Forfeiture. Upon the termination of your service on the Board for any reason, any Restricted Stock Units that do not or have not vested in accordance with Paragraph 3 and the Notice of Restricted Stock Unit Award shall immediately be forfeited. Upon forfeiture, you shall have no further rights with respect to such Restricted Stock Units and related Dividend Equivalent Amounts.
Appears in 6 contracts
Samples: Director Restricted Stock Unit Agreement (PDC Energy, Inc.), Director Restricted Stock Unit Agreement (PDC Energy, Inc.), Director Restricted Stock Unit Agreement (PDC Energy, Inc.)
Termination of Service; Forfeiture. Upon the termination of your service on the Board Continuous Service for any reason, any Restricted Stock Units that do not or have not vested in accordance with Paragraph 3 and the Notice of Restricted Stock Unit Award shall immediately be forfeited. Upon forfeiture, you shall have no further rights with respect to such Restricted Stock Units and related Dividend Equivalent Amounts.
Appears in 3 contracts
Samples: Vp/Executive Restricted Stock Unit Agreement (PDC Energy, Inc.), Vp/Executive Restricted Stock Unit Agreement (PDC Energy, Inc.), Vp/Executive Restricted Stock Unit Agreement (PDC Energy, Inc.)
Termination of Service; Forfeiture. Upon the termination of your Participant’s service on the Board for any reason, any Restricted Stock Units that do not or have not vested in accordance with Paragraph 3 and the Notice of Restricted Stock Unit Award shall immediately be forfeited. Upon forfeiture, you Participant shall have no further rights with respect to such Restricted Stock Units and related Dividend Equivalent Amounts.
Appears in 1 contract
Samples: Director Restricted Stock Unit Agreement (Glowpoint, Inc.)
