Common use of Additional Forfeiture Provisions Clause in Contracts

Additional Forfeiture Provisions. Employee agrees that, by signing this Agreement and accepting the grant of the RSUs, the forfeiture conditions set forth in Section 10 of the Plan shall apply to all RSUs hereunder and to gains realized upon the vesting of the RSUs. For the purpose of the forfeiture conditions set forth in Section 10 of the Plan, gains will be deemed to be realized at the time of vesting for any RSUs the settlement of which is deferred at the election of Employee.

Additional Forfeiture Provisions. Employee agrees that, by signing this Agreement and accepting the grant of the RSUs, subject to the terms of any employment agreement or similar agreement with employee, the forfeiture conditions set forth in Section 10 of the Plan shall apply to all RSUs hereunder and to gains realized upon the vesting of the RSUs. For the purpose of the forfeiture conditions set forth in Section 10 of the Plan, gains will be deemed to be realized at the time of vesting for any RSUs the settlement of which is deferred at the election of Employee.