Additional Forfeiture Provisions. Employee and the Company have entered into one or more of the agreements included as Obligations under Section 3(b). Any shares of Common Stock of the Company acquired by Employee pursuant to the exercise of this Option shall be forfeited to the Company, in full, if Employee violates any of the terms of the Obligations or embezzles or misappropriates Company funds or property.
Appears in 3 contracts
Sources: Incentive Stock Option Agreement (C H Robinson Worldwide Inc), Incentive Stock Option Agreement (C H Robinson Worldwide Inc), Incentive Stock Option Agreement (C H Robinson Worldwide Inc)