Common use of Unvested Restricted Units Clause in Contracts

Unvested Restricted Units. In the event that Recipient ceases to be a member of the Board of the Company for any reason, then Recipient shall immediately forfeit, without any further action by the Company, Recipient or any other Person, any Unvested Restricted Units for no consideration.

Appears in 4 contracts

Samples: Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (Silverbox Engaged Merger Corp I)

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Unvested Restricted Units. In the event that Recipient ceases to be a member of the Board of employed by the Company for any reason, then Recipient shall immediately forfeit, without any further action by the Company, Recipient or any other Person, any Unvested Restricted Units for no consideration.. ​

Appears in 2 contracts

Samples: Restricted Units Agreement (Silverbox Engaged Merger Corp I), Restricted Units Agreement (Silverbox Engaged Merger Corp I)

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