Reduction in Job Responsibilities. If a Participant’s job responsibilities are reduced in scope or otherwise altered, the Participant shall automatically cease to participate in the ELTIP with respect to future Awards, unless otherwise determined by the Committee.
Appears in 9 contracts
Sources: Restricted Stock Unit Agreement (Sypris Solutions Inc), Restricted Stock Agreement (Sypris Solutions Inc), Non Qualified Stock Options (Sypris Solutions Inc)
Reduction in Job Responsibilities. If a Participant’s job responsibilities are reduced in scope or otherwise alteredsignificantly reduced, the Participant shall automatically cease to participate in the ELTIP this Program with respect to future Awards, unless otherwise determined reinstated by the Committee.
Appears in 1 contract
Sources: Long Term Incentive Award Agreement (Non Qualified Stock Options) (Sypris Solutions Inc)