Common use of Continuous Relationship with Staples Required Clause in Contracts

Continuous Relationship with Staples Required. Except as otherwise provided in this Section 4, the Shares shall not vest unless the Associate is, and has been at all times since the Date of Award set forth in the Notice, an employee of, or a consultant to, Staples (an “Eligible Associate”). In addition, the Shares shall not vest during any period that the Associate is suspended for an offense which could lead to a termination by Staples for “cause” (as defined below).

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Staples Inc), Restricted Stock Award Agreement (Staples Inc), Restricted Stock Award Agreement (Staples Inc)

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Continuous Relationship with Staples Required. Except as otherwise provided in this Section 4, the Shares shall not vest unless the Associate is, and has been at all times since the Date of Award set forth in the Notice, an employee of, or a consultant to, Staples (an “Eligible Associate”). In addition, the Shares shall not vest during any period that the Associate is suspended for an offense which could lead to a termination by Staples for “cause” (as defined below).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Staples Inc)

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Continuous Relationship with Staples Required. Except as otherwise provided in this Section 4, the Shares shall not vest unless the Associate is, and has been at all times since the Date of Award set forth in the Notice, an employee of, or a consultant to, Staples (an "Eligible Associate"). In addition, the Shares shall not vest during any period that the Associate is suspended for an offense which could lead to a termination by Staples for "cause" (as defined below).

Appears in 1 contract

Samples: Staples Inc

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