Send us Feedback

Microsemi (MSCC)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

MSCC » Topics » Section 2. Termination of Relationship, Disability, or Death

This excerpt taken from the MSCC 8-K filed Oct 3, 2007.

Section 2. Termination of Relationship, Disability, or Death

 

In the event of the termination for any reason of the last to exist of any of the following relationships between the Grantee and the Company or any of its subsidiaries: as a director, as an officer, or as an employee or other service provider or consultant, any Restricted Shares granted to the Grantee with respect to which the restrictions have not lapsed will be forfeited immediately; provided, however, that if the Grantee’s relationship with the Company ceases due to the death of the Grantee, the restrictions shall immediately lapse for all Restricted Shares granted to the Grantee under this Agreement with respect to which the restrictions shall have not previously lapsed. The Grantee shall execute such assignments, documents and further instruments as the Company may request in order to evidence any forfeiture.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki