Common use of Director Notification Requirement Clause in Contracts

Director Notification Requirement. If the Participant is a Director of the local Subsidiary, he or she must notify the local Subsidiary of the grant and also provide notice of any change in his or her interest in the mPRSUs (e.g. vesting or the sale of Shares).

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement (Lam Research Corp)

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Director Notification Requirement. If the Participant is a Director of the local Subsidiary, he or she must notify the local Subsidiary of the grant and also provide notice of any change in his or her interest in the mPRSUs RSUs (e.g. vesting or the sale of Shares).

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Lam Research Corp)

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Director Notification Requirement. If the Participant is a Director of the local Subsidiary, he or she must notify the local Subsidiary of the grant and also provide notice of any change in his or her interest in the mPRSUs Options (e.g. vesting exercise or the sale of Shares).

Appears in 5 contracts

Samples: Nonstatutory Stock Option Award Agreement (Lam Research Corp), www.sec.gov, Nonstatutory Stock Option Award Agreement (Lam Research Corp)

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