Common use of Vesting Schedule and Forfeiture Clause in Contracts

Vesting Schedule and Forfeiture. The Award which becomes vested pursuant to the Vesting Schedule shall be considered as fully earned by you, subject to the further provisions of this Section 2. Any Awards which do not become vested in accordance with the Vesting Schedule as of your Termination of Employment with Tyson and/or its affiliates or the provisions of this Section 2 will be forfeited back to Tyson.

Appears in 8 contracts

Samples: Stock Incentive Plan (Tyson Foods Inc), Award Agreement (Tyson Foods Inc), Stock Incentive Award Agreement (Tyson Foods Inc)

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Vesting Schedule and Forfeiture. The Award which becomes vested pursuant to the Vesting Schedule shall be considered as fully earned and exercisable by you, subject to the further provisions of this Section 2. Any Awards which do not become vested in accordance with the Vesting Schedule as of your Termination of Employment with Tyson and/or its affiliates or the provisions of this Section 2 will be forfeited back to Tyson.

Appears in 6 contracts

Samples: Stock Options Incentive Award Agreement (Tyson Foods Inc), Award (Tyson Foods Inc), Award (Tyson Foods Inc)

Vesting Schedule and Forfeiture. The Award Those Awards which becomes have become vested pursuant to the Vesting Schedule shall be considered as fully earned and exercisable by you, subject to the further provisions of this Section 2. Any Awards which do not become vested in accordance with the Vesting Schedule as of your Termination of Employment with Tyson and/or its affiliates or the provisions of this Section 2 will be forfeited back to Tyson.

Appears in 3 contracts

Samples: Incentive Plan Stock Incentive Agreement (Tyson Foods Inc), Award Agreement (Tyson Foods Inc), Tyson Foods Inc

Vesting Schedule and Forfeiture. The Award Those Awards which becomes have become vested pursuant to the Vesting Schedule shall be considered as fully earned by you, subject to the further provisions of this Section 2. Any Awards which do not become vested in accordance with the Vesting Schedule as of your Termination of Employment with Tyson and/or its affiliates or the provisions of this Section 2 will be forfeited back to Tyson.

Appears in 1 contract

Samples: Award Agreement (Tyson Foods Inc)

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Vesting Schedule and Forfeiture. The Award which becomes vested pursuant to the Vesting Schedule shall be shallbe considered as fully earned and exercisable by you, subject to the further provisions of this Section 2. Any Awards which do not become vested in accordance with the Vesting Schedule as of your Termination of Employment with Tyson and/or its affiliates or the provisions of this Section 2 will be forfeited back to Tyson.

Appears in 1 contract

Samples: Stock Options Incentive Award Agreement (Tyson Foods Inc)

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