Forfeiture Conditions definition

Forfeiture Conditions means any criteria, requirements or conditions as determined by the Board (as specified in the Invitation Letter) or under these Rules which if it occurs (notwithstanding the satisfaction or waiver of any Performance Hurdles and Vesting Conditions) will result in a Participant forfeiting any Options;
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Forfeiture Conditions means any conditions determined in accordance with clause 9 that could or may result in a Participant forfeiting the Share or any interest in the Share.
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Forfeiture Conditions means any conditions determined in accordance with rule 7 that could or may result in a Participant forfeiting any Rights or any interest in a Right.
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Examples of Forfeiture Conditions in a sentence

  • Without limiting any other provisions of the Plan, the Board may determine prior to or in an Invitation Letter if any Forfeiture Conditions apply in respect of Options and/or Plan Shares.


More Definitions of Forfeiture Conditions

Forfeiture Conditions means any criteria, requirements or conditions as determined by the Board (as specified in the Invitation Letter) or under these Rules which if met (notwithstanding the satisfaction or waiver of any Performance Hurdles and Vesting Conditions) will result in a Participant forfeiting Options and/or Performance Rights (as the case may be);
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Forfeiture Conditions means conditions such as performance or duration of employment, the happening of which will result in forfeiture of Restricted Stock.
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Related to Forfeiture Conditions

  • Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

  • Change in condition means a change in physical condition of the employee as well as any change

  • performance requirement means a requirement that:

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.