Forfeiture Option. (a) In the event that the Participant ceases to be an Eligible Participant for any reason or no reason, with or without cause, prior to August 1, 2011, the Company shall have the right and option (the “Forfeiture Option”) to cause the Participant to forfeit to the Company some or all of the Unvested Shares (as defined below).
Appears in 2 contracts
Sources: Employment Agreement (Aileron Therapeutics Inc), Employment Agreement (Aileron Therapeutics Inc)