Forfeiture Period definition

Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

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Forfeiture Period means the three year period following the last day of the fiscal year of the financial statements restated by the Company; provided that, such Forfeiture Period shall not apply if the adverse restatement is filed by the Company more than three years after the last day of the fiscal year of the restated financial statements.

Forfeiture Period means the period commencing six months prior to your termination of employment and ending one year from your termination of employment.

Examples of Forfeiture Period in a sentence

During the Forfeiture Period, the shares of Restricted Stock may not be sold, exchanged, transferred, pledged, hypothecated, or otherwise disposed of, and the Grantee agrees not to sell, exchange, transfer, pledge or otherwise dispose of any of such shares, or attempt to do so, during the Forfeiture Period.
During the Forfeiture Period, the Grantee shall have all the rights of a shareholder with respect to shares of Restricted Stock, including the right to vote such shares at any meeting of shareholders of Common Stock and the right to receive all dividends paid with respect to such shares, subject, however, to the restrictions set forth in this Agreement.
If the date of death or disability is within four years of the date of this Agreement, the Board of Directors, in its sole discretion, may waive the Forfeiture Period as to any or all of the Restricted Stock.
In the alternative, the Grantee may pay to the Company for deposit with the appropriate taxing authority, any amounts that federal, state or local tax laws require to be withheld upon the grant of Restricted Stock or upon the expiration of a Forfeiture Period.
The Forfeiture Period will generally begin after the date that the Shares are initially listed on a national securities exchange, and end on or before the first dividend payment date with respect to such Shares.

More Definitions of Forfeiture Period

Forfeiture Period means the period from the Effective Date to the third anniversary of the Effective Date, or as regards any particular New Khanyisa Tier 2 Participant, his/her Subsequent Effective Date to the third anniversary of his/her Subsequent Effective Date, as the case may be;

Forfeiture Period means the period commencing on the Grant Date of the Option or any other Award and ending six months from termination of Continuous Service.

Forfeiture Period means the period (if any) determined by the Board in accordance with rule 6.6 (Forfeiture Period) in relation to Free Shares and rule 8.5 (Forfeiture Period) in relation to Matching Shares;

Forfeiture Period means the period commencing twelve months prior to your termination of employment and ending twelve months after your termination of employment. Escrow The certificates for the Restricted Stock shall be deposited in escrow with the Secretary of the Company (or his designee) to be held in accordance with the provisions of this paragraph. Each deposited certificate shall be accompanied by a duly executed Assignment Separate from Certificate in the form attached hereto as Exhibit A. The deposited certificates, shall remain in escrow until such time as the certificates are to be released or otherwise surrendered for cancellation as discussed below. Upon delivery of the certificates to the Company, you shall be issued an instrument of deposit acknowledging the number of Shares of Restricted Stock delivered in escrow to the Secretary of the Company. All regular cash dividends, if any, on the Restricted Stock shall be paid directly to you and shall not be held in escrow. The Restricted Stock held in escrow hereunder shall be subject to the following terms and conditions relating to their release from escrow or their surrender to the Company: When your interest in the Restricted Stock vests as described above, the certificates for such vested Restricted Stock shall be released from escrow and delivered to you, at your request, in accordance with the following schedule. The initial release of any vested Restricted Stock from escrow shall be effected within thirty (30) days following the expiration of the one (1) year period measured from the Date of Award. Subsequent releases of vested Restricted Stock from escrow shall occur on a yearly basis. Upon termination of your service, any unvested Restricted Stock shall be surrendered to the Company. Sale of the Company The Restricted Stock shall automatically vest (subject to divestment) in the event there is a sale of all or substantially all of the assets or stock of the Company (the "Sale of Company") and you have continuously provided service from the Date of Award shown on the cover sheet to the effective date of the Sale of Company. If your employment with the Company (or its successor) is terminated for any reason, other than by the Company without Cause, before the first anniversary of the Sale of Company, you will forfeit and issue to the Company the number of shares (or the equivalent value in cash using the fair market value of the shares on the date of the Sale of Company) whose vesting accelerated because of...

Forfeiture Period means, with respect to any Matching Contribution, the period of time designated by the Committee which follows the last day of the Plan Year as of which the Matching Contribution is initially credited to a Participant’s Account.

Forfeiture Period means the period of three years beginning with the Award Date;

Forfeiture Period means in relation to an Award of Free or Matching Shares, the period of three years (or such shorter period as the Board may determine when the Award is made) beginning with the Award Date;