Common use of Capital Purchase Program Clause in Contracts

Capital Purchase Program. During the period F.N.B. remains subject to the CPP executive compensation limitations, restrictions and prohibitions (“CPP Requirements), Employee’s Shares which qualify to vest under Section 2 hereof shall vest to the fullest extent permitted under the CPP; except that notwithstanding the foregoing, in the event a portion or all of Employee’s Shares are not permitted to fully vest as a result of the CPP Requirements, any forfeiture or lapse of the Shares which may result therefrom shall be immediately tolled and the Shares shall vest on the seventh (7th) day (or the next business day if this date falls on a weekend or federal holiday) after the CPP Requirements no longer apply to the Employee.

Capital Purchase Program. During the period F.N.B. remains subject to the CPP executive compensation limitations, restrictions and prohibitions (“CPP Requirements”), EmployeeParticipant’s Shares which qualify to vest under Section 2 hereof shall vest to the fullest extent permitted under the CPP; except that notwithstanding the foregoing, in the event a portion or all of Employee’s Participants’ Shares are not permitted to fully vest as a result of the CPP Requirements, any forfeiture or lapse of the Shares which may result therefrom shall be immediately tolled and the Shares shall vest on the seventh (7th) calendar day (or the next business day if this date falls on a weekend or federal holiday) after the CPP Requirements no longer apply to the EmployeeParticipant.