Common use of Application of the Plan Clause in Contracts

Application of the Plan. The terms of this Agreement are governed by the terms of the Independent Directors Plan and the Plan, as both exist on the Grant Date and as amended from time to time. In the event of any conflict between the provisions of this Agreement and the provisions of the Independent Directors Plan and/or the Plan, the terms of the Independent Directors Plan or the Plan (as applicable) shall control, except as expressly stated otherwise in this Agreement. The term “Section” generally refers to provisions within the Independent Directors Plan or the Plan; provided, however, the term “Paragraph” shall refer to a provision of this Agreement.

Appears in 5 contracts

Samples: Independent Directors Stock Appreciation Right Agreement (Herbalife Ltd.), Independent Directors Stock Appreciation Right Agreement (Herbalife Ltd.), Nonemployee Directors Stock Appreciation Right Agreement (Herbalife Ltd.)

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