WDR » Topics » Forfeiture

These excerpts taken from the WDR 10-K filed Feb 27, 2009.
Forfeiture.  All amounts credited to, and not withdrawn from, a Participant’s Deferred Compensation Account are nonforfeitable, except as otherwise provided in this Section 4.3 and Sections 6.1 and 6.4.

 

Notwithstanding any other provision of this Plan, a Participant’s Deferred Compensation Account will be forfeited in its entirety if the Administrator determines that the Participant has engaged in any activity that is (a) illegal and involves fraud, dishonesty, or theft, or (b) intentionally detrimental to the Company, a Participating Employer, or any subsidiary or affiliate thereof.

 

Forfeiture
All amounts credited to, and not withdrawn from, a Participant’s
Deferred Compensation Account are nonforfeitable, except as otherwise provided
in this Section 4.3 and Sections 6.1 and 6.4.



 



Notwithstanding any other provision of this
Plan, a Participant’s Deferred Compensation Account will be forfeited in its
entirety if the Administrator determines that the Participant has engaged in
any activity that is (a) illegal and involves fraud, dishonesty, or theft,
or (b) intentionally detrimental to the Company, a Participating Employer,
or any subsidiary or affiliate thereof.



 



These excerpts taken from the WDR 10-Q filed Nov 1, 2005.
Forfeiture.  Subject to Section 6.4, upon termination of an Awardee’s status as a Non-Employee Director, Restricted Stock that is at the time of such termination subject to restrictions shall be forfeited and reacquired by the Company.

Forfeiture.  Subject to Section 6.4, upon termination of employment, Restricted Stock that is at the time of such termination subject to restrictions shall be forfeited and reacquired by the Company.

(iii)         

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