Common use of Execution of Award Agreement Clause in Contracts

Execution of Award Agreement. No PSU granted under this Award Agreement is distributable nor is this Award Agreement enforceable until this Award Agreement has been fully executed by the Company and the Employee. By executing this Award Agreement, the Employee shall be deemed to have accepted and consented to any action taken under the Plan by the Committee, the Board of Directors or their delegates.

Appears in 3 contracts

Samples: Performance Share Unit Award Agreement (Martin Marietta Materials Inc), Performance Share Unit Award Agreement (Martin Marietta Materials Inc), Performance Share Unit Award Agreement (Martin Marietta Materials Inc)

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Execution of Award Agreement. No PSU granted under this Award Agreement is distributable nor is this Award Agreement enforceable until this Award Agreement has been fully executed by the Company and the Employee. By executing this Award Agreement, the Employee shall be deemed to have accepted and consented to any action taken under the Plan by the Management Development and Compensation Committee, the Board of Directors or their delegates.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Martin Marietta Materials Inc)

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