Common use of Termination of Tranche 4 and 5 Award Shares Clause in Contracts

Termination of Tranche 4 and 5 Award Shares. The Tranche 4 and 5 Award Shares shall be forfeited immediately in the event that the Tranche 1 Award Shares have not vested on or before March 31, 2008, and the Participant shall have no further rights with respect thereto.

Appears in 5 contracts

Sources: Restricted Stock Award Agreement (Delta Petroleum Corp/Co), Restricted Stock Award Agreement (Delta Petroleum Corp/Co), Restricted Stock Award Agreement (Delta Petroleum Corp/Co)