Common use of Continuous Employment Requirement Clause in Contracts

Continuous Employment Requirement. Grantee hereby expressly agrees and acknowledges that he or she must remain in the continuous employment of the Company or a Related Entity for the full duration of the vesting period applicable to the Restricted Stock granted under this Agreement in order for the Restricted Stock to become Vested, unless otherwise expressly set forth elsewhere in this Agreement. Grantee further expressly agrees and acknowledges that if he or she discontinues employment with the Company or a Related Entity at any time whatsoever, for any reason whatsoever, including without limitation termination of employment by the Company or Related Entity, prior to the time at which the Restricted Stock granted under this Agreement becomes Vested, Grantee shall forfeit all such unvested Restricted Stock.

Continuous Employment Requirement. Grantee hereby expressly agrees and acknowledges that he or she must remain in the continuous employment of the Company or a Related Entity for the full duration of the vesting period applicable to the Restricted Stock any Award granted under this Agreement in order for the Restricted Stock Award to become Vested, unless otherwise expressly set forth elsewhere in this Agreement. Grantee further expressly agrees and acknowledges that if he or she discontinues employment with the Company or a Related Entity at any time whatsoever, for any reason whatsoever, including without limitation termination of employment by the Company or Related Entity, prior to the time at which the Restricted Stock an Award granted under this Agreement becomes Vested, Grantee shall forfeit all such unvested Restricted StockStock and unvested Stock Options granted under this Agreement.