This excerpt taken from the FOSL 8-K filed Jun 27, 2008.
The terms of the Restricted Stock granted hereunder shall be binding upon the executors, administrators, heirs and successors of the Participant.
3. Vesting. If the Participant remains continuously employed by the Company or a Subsidiary, the Restricted Stock shall vest in accordance with the vesting schedule set forth in the Notice of Grant (it being understood that the right to transfer the Restricted Stock shall be cumulative, so that the Participant may transfer on or after any such anniversary that number of Restricted Stock which the Participant was entitled to transfer but did not transfer during any preceding period or periods). Notwithstanding the vesting conditions set forth herein: (i) the Committee may in its discretion at any time accelerate the vesting of Restricted Stock or