Forfeiture Events. The Committee may specify in an Award Agreement that the Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain events, in addition to applicable vesting conditions of an Award. Such events may include, without limitation, breach of non-competition, non-solicitation, confidentiality or other restrictive covenants that are contained in the Award Agreement or otherwise applicable to the Participant, termination of the Participant’s employment or service for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates. In addition, if a Participant’s employment or service is terminated for Cause, then as of the date of the misconduct, any Option held by the Participant shall terminate, and any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited.
The Committee may specify in an Award Agreement that the Participant’s rights, paymentspayments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeitureforfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, without limitation,but shall not be limited to, termination of employment for cause, termination of the Participant’s provision of services to the Company, Affiliate, or Subsidiary, violation of material Company, Affiliate, or Subsidiary policies, breach of non-competition, non-solicitation, confidentialityconfidentiality, or other restrictive covenants that are contained in the Award Agreement or otherwise applicablemay apply to the Participant, termination of the Participant’s employment or service for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/Company, any Affiliate, or its Affiliates. In addition, if a Participant’s employment or service is terminated for Cause, then as of the date of the misconduct, any Option held by the Participant shall terminate, and any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited.Subsidiary.
Forfeiture Events. The Compensation Committee may specify in an Award Agreement that the Participant’s rights, paymentspayments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeitureforfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, without limitation,but shall not be limited to, termination of employment for cause, termination of the Participant’s provision of services to the Company, Affiliate, and/or Subsidiary, violation of material Company, Affiliate, and/or Subsidiary policies, breach of non-competition, non-solicitation, confidentialitynoncompetition, confidentiality, or other restrictive covenants that are contained in the Award Agreement or otherwise applicablemay apply to the Participant, termination of the Participant’s employment or service for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the CompanyCompany, its Affiliates, and/or its Affiliates. In addition, if a Participant’s employment or service is terminated for Cause, then as of the date of the misconduct, any Option held by the Participant shall terminate, and any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited.Subsidiaries.
The Committee may specify in an Award Agreement that the Participant’s rights, paymentspayments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeitureforfeiture, or recoupment upon the occurrence of certainspecified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, without limitation, breach of non-competition, non-solicitation, confidentiality or other restrictive covenants that are contained in the Award Agreement or otherwise applicable to the Participant,but shall not be limited to, termination of the Participant’s employmentService for Cause or serviceany act by a Participant, whether before or after termination of Service, that would constitute Cause for Cause, or other conduct by the Participant that is detrimental to the business or reputationtermination of the Company and/or its Affiliates. In addition, if a Participant’s employment or service is terminated for Cause, then as of the date of the misconduct, any Option held by the Participant shall terminate, and any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited.Service.
General. In addition to the termination provisions applicable to Stock Options as provided in [Section 5.7], the Committee may specify in an Award Agreement at the time of the Award that the Participant’s rights, payments and benefits with respect to an Award shall be subject to termination, reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events mayshall include, without limitation,but shall not be limited to, termination of employment for Cause, violation of material Company policies, breach of non-competition, non-solicitation,noncompetition, confidentiality or other restrictive covenants that are contained in the Award Agreement or otherwise applicablemay apply to the Participant, termination of the Participant’s employment or service for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates. In addition, if a Participant’s employment or service is terminated for Cause, then as of the date of the misconduct, any Option held by the Participant shall terminate, and any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited.Company.
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