Common use of Agrees to Terms of the Plan Clause in Contracts

Agrees to Terms of the Plan. The Grantee has received a copy of the Plan and has read and understands the terms of the Plan and this Agreement, and agrees to be bound by their terms and conditions. The Grantee acknowledges that there may be adverse tax consequences upon the vesting and/or settlement of Deferred Stock or thereafter and that the Grantee should consult a tax adviser prior to such time. The Company makes no guarantee to the Grantee that the Award granted hereunder will not be taxable prior to payment or that the Plan and this Award comply with Section 409A of the Code.

Appears in 6 contracts

Samples: Deferred Stock Award Agreement (DiamondRock Hospitality Co), Deferred Stock Award Agreement (DiamondRock Hospitality Co), Deferred Stock Award Agreement (DiamondRock Hospitality Co)

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