Common use of Adoption of WhiteWave Stock Incentive Plan Clause in Contracts

Adoption of WhiteWave Stock Incentive Plan. In connection with the IPO, WhiteWave shall adopt the 2012 SIP for purposes of awarding certain WhiteWave employees, officers and non-employee directors equity-based compensation on the terms and conditions set forth in the 2012 SIP. The award agreement related to any award granted by WhiteWave to any WhiteWave Employee under the 2012 SIP at or about the time of the IPO shall require any recipient thereof who held CPUs, Retention Awards and/or Xxxx Xxxx Awards immediately prior to the IPO to consent to the cancellation of the applicable awards in accordance with the preceding provisions of this Article IX.

Appears in 4 contracts

Samples: Employee Matters Agreement (Dean Foods Co), Employee Matters Agreement (WHITEWAVE FOODS Co), Employee Matters Agreement (WHITEWAVE FOODS Co)

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