Common use of Acts of Misconduct Clause in Contracts

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options and the exercise of vested Options, pending a decision by the Administrator or an Executive Officer of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 7 contracts

Samples: 2016 Stock Option Award Agreement (Entegris Inc), Stock Option Award Agreement (Entegris Inc), 2018 Stock Option Award Agreement (Entegris Inc)

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Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer executive officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsRSUs, pending a subject to the Administrator’s final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Awardaward. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 6 contracts

Samples: Rsu Award Agreement (Entegris Inc), Rsu Award Agreement (Entegris Inc), 2022 Rsu Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer executive officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsPRSUs, pending a subject to the Administrator’s final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 5 contracts

Samples: Rsu Award Agreement (Entegris Inc), Rsu Award Agreement (Entegris Inc), Rsu Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options and the exercise of vested Options, pending a subject to the Administrator’s final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Awardaward. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 5 contracts

Samples: 2022 Stock Option Award Agreement (Entegris Inc), Stock Option Award Agreement (Entegris Inc), Stock Option Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsRSUs, pending a decision by the Administrator or an Executive Officer of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: 2018 Rsu Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer executive officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsPRSUs, pending a subject to the Administrators final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: Performance Share Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsRSUs, pending a decision by the Administrator or an Executive Officer of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such terminationsuchtermination.

Appears in 1 contract

Samples: 2018 Rsu Award Agreement

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Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the AwardGrant, including the vesting of Options and the exercise of vested Options, pending a decision by the Administrator or an Executive Officer of the Company to terminate the AwardGrant. No rights under the Award Grant may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsPRSUs, pending a decision by the Administrator or an Executive Officer of the Company to terminate the Award. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: Performance Share Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the -4- Company, an Executive Officer executive officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options the Award and the exercise settlement of vested OptionsRSUs, pending a subject to the Administrators final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Awardaward. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: 2019 Rsu Award Agreement (Entegris Inc)

Acts of Misconduct. If Participant has allegedly committed an act of serious misconduct, including, but not limited to, embezzlement, fraud, dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an obligation owed to the Company, an Executive Officer of the Company may suspend Participant’s rights under the Award, including the vesting of Options and the exercise of vested Options, pending a subject to the Administrators final decision by the Administrator or an Executive Officer regarding termination of the Company to terminate the Awardaward. No rights under the Award may be exercised during such suspension or after such termination.

Appears in 1 contract

Samples: Stock Option Award Agreement (Entegris Inc)

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