Common use of Effect of these Terms and Conditions Clause in Contracts

Effect of these Terms and Conditions. These Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, describe the contractual rights awarded to you in the form of Restricted Stock Units, and the obligations imposed on you in connection with those rights. No right exists with respect to Restricted Stock Units except as described in these Terms and Conditions and the Plan. Form KM [INSERT DATE] [INSERT NAME] Subject: Award of Restricted Stock Units This is to advise you that The Procter & Xxxxxx Company, an Ohio corporation, is awarding you with Restricted Stock Units, on the dates and in the amounts listed below, pursuant to The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and subject to the attached Statement of Terms and Conditions Form KM. Grant Date: [INSERT DATE OF XXXXX] Forfeiture Date: [INSERT DATE FORFEITURE ENDS] Original Settlement Date: [INSERT DATE RSUs BECOME SHARES] Number of Restricted Stock Units: [INSERT NUMBER GRANTED] THE PROCTER & XXXXXX COMPANY Xxxxx X. Xxxxxxx, Secretary For the Compensation Committee o I hereby accept the Award of Restricted Stock Units set forth above in accordance with and subject to the terms of The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan and the attached Statement of Terms and Conditions for Restricted Stock Units, with which I am familiar. I agree that the Award of Restricted Stock Units, The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and the attached Statement of Terms and Conditions for Restricted Stock Units together constitute an agreement between the Company and me in accordance with the terms thereof and hereof, and I further agree that any legal action related to this Award of Restricted Stock Units may be brought in any federal or state court located in Xxxxxxxx County, Ohio, USA, and I hereby accept the jurisdiction of these courts and consent to service of process from said courts solely for legal actions related to this Award of Restricted Stock Units.

Effect of these Terms and Conditions. These Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, describe the contractual rights awarded to you in the form of Restricted Stock Units, and the obligations imposed on you in connection with those rights. No right exists with respect to Restricted Stock Units except as described in these Terms and Conditions and the Plan. Form KM RTN [INSERT DATE] [INSERT NAME] Subject: Award of Restricted Stock Units This is to advise you that The Procter & Xxxxxx Company, an Ohio corporation, is awarding you with Restricted Stock Units, on the dates and in the amounts listed below, pursuant to The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and subject to the attached Statement of Terms and Conditions Form KMRTN. Grant Date: [INSERT DATE OF XXXXX] Forfeiture Date: [INSERT DATE FORFEITURE ENDS] Original Settlement Date: [INSERT DATE RSUs BECOME SHARES] Number of Restricted Stock Units: [INSERT NUMBER GRANTED] Paragraph 3(a) of Statement of Terms and Conditions Form RTN [is/is not] waived. THE PROCTER & XXXXXX COMPANY Xxxxx X. Xxxxxxx, Secretary For the Compensation Committee o I hereby accept the Award of Restricted Stock Units set forth above in accordance with and subject to the terms of The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan and the attached Statement of Terms and Conditions for Restricted Stock Units, with which I am familiar. I agree that the Award of Restricted Stock Units, The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and the attached Statement of Terms and Conditions for Restricted Stock Units together constitute an agreement between the Company and me in accordance with the terms thereof and hereof, and I further agree that any legal action related to this Award of Restricted Stock Units may be brought in any federal or state court located in Xxxxxxxx County, Ohio, USA, and I hereby accept the jurisdiction of these courts and consent to service of process from said courts solely for legal actions related to this Award of Restricted Stock Units.

Effect of these Terms and Conditions. These Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, describe the contractual rights awarded to you in the form of Restricted Stock Units, and the obligations imposed on you in connection with those rights. No right exists with respect to Restricted Stock Units except as described in these Terms and Conditions and the Plan. Form KM BOD [INSERT DATE] [INSERT NAME] Subject: Award of Restricted Stock Units This is to advise you that The Procter & Xxxxxx Company, an Ohio corporation, is awarding you with Restricted Stock Units, on the dates and in the amounts listed below, pursuant to The Procter & Xxxxxx 2001 2003 Non-Employee Directors’ Stock and Incentive Compensation Plan, and subject to the attached Statement of Terms and Conditions Form KMRSU. Grant Date: [INSERT DATE OF XXXXX] Forfeiture Date: [INSERT DATE FORFEITURE ENDS] Original Settlement Date: [INSERT DATE RSUs BECOME SHARES] Number of Restricted Stock Units: [INSERT NUMBER GRANTED] As you will see from the Statement of Terms and Conditions Form RSU, under certain circumstances you may agree with The Procter & Xxxxxx Company to delay the settlement of your Restricted Stock Units beyond the Original Settlement Date. You may want to consult your personal tax advisor before making a decision about this matter. THE PROCTER & XXXXXX COMPANY Xxxxx X. Xxxxxxx, Secretary For the Compensation Committee o I hereby accept the Award of Restricted Stock Units set forth above in accordance with and subject to the terms of The Procter THE PROCTER & Xxxxxx 2001 Stock and Incentive Compensation Plan and the attached Statement of Terms and Conditions for Restricted Stock Units, with which I am familiar. I agree that the Award of Restricted Stock Units, The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and the attached Statement of Terms and Conditions for Restricted Stock Units together constitute an agreement between the Company and me in accordance with the terms thereof and hereof, and I further agree that any legal action related to this Award of Restricted Stock Units may be brought in any federal or state court located in Xxxxxxxx County, Ohio, USA, and I hereby accept the jurisdiction of these courts and consent to service of process from said courts solely for legal actions related to this Award of Restricted Stock Units.XXXXXX COMPANY STATEMENT OF TERMS AND CONDITIONS FOR RESTRICTED STOCK UNITS

Effect of these Terms and Conditions. These Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, describe the contractual rights awarded to you in the form of Restricted Stock Units, and the obligations imposed on you in connection with those rights. No right exists with respect to Restricted Stock Units except as described in these Terms and Conditions and the Plan. Form KM RTN2 [INSERT DATE] [INSERT NAME] Subject: Award of Restricted Stock Units This is to advise you that The Procter & Xxxxxx Company, an Ohio corporation, is awarding you with Restricted Stock Units, on the dates and in the amounts listed below, pursuant to The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and subject to the attached Statement of Terms and Conditions Form KMRTN2. Grant Date: [INSERT DATE OF XXXXX] Forfeiture Date: [INSERT DATE FORFEITURE ENDS] Original Settlement Date: [INSERT DATE RSUs BECOME SHARES] Number of Restricted Stock Units: [INSERT NUMBER GRANTED] Paragraph 3(a) of Statement of Terms and Conditions Form RTN2 [is/is not] waived. THE PROCTER & XXXXXX COMPANY Xxxxx X. Xxxxxxx, Secretary For the Compensation Committee o I hereby accept the Award of Restricted Stock Units set forth above in accordance with and subject to the terms of The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan and the attached Statement of Terms and Conditions for Restricted Stock Units, with which I am familiar. I agree that the Award of Restricted Stock Units, The Procter & Xxxxxx 2001 Stock and Incentive Compensation Plan, and the attached Statement of Terms and Conditions for Restricted Stock Units together constitute an agreement between the Company and me in accordance with the terms thereof and hereof, and I further agree that any legal action related to this Award of Restricted Stock Units may be brought in any federal or state court located in Xxxxxxxx County, Ohio, USA, and I hereby accept the jurisdiction of these courts and consent to service of process from said courts solely for legal actions related to this Award of Restricted Stock Units.

Effect of these Terms and Conditions. These Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, describe the contractual rights awarded to you in the form of Restricted Stock Units, and the obligations imposed on you in connection with those rights. No right exists with respect to Restricted Stock Units except as described in these Terms and Conditions and the Plan. Form KM KMG [INSERT DATE] [INSERT NAME] Subject: Award of Restricted Stock Units This is to advise you that The Procter & Xxxxxx Company, an Ohio corporation, is awarding you with Restricted Stock Units, on the dates and in the amounts listed below, pursuant to The Procter & Xxxxxx 2001 Stock and Xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Compensation Plan, and subject to the attached Statement of Terms and Conditions Form KMKMG. Grant Date: [INSERT DATE OF XXXXX] Forfeiture Date: [INSERT DATE FORFEITURE ENDS] Original Settlement Date: [INSERT DATE RSUs BECOME SHARES] Number of Restricted Stock Units: [INSERT NUMBER GRANTED] THE PROCTER & XXXXXX COMPANY Xxxxx X. Xxxxxxx, Secretary For the Compensation Committee o I hereby accept the Award of Restricted Stock Units set forth above in accordance with and subject to the terms of The Procter & Xxxxxx 2001 Stock and Xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Compensation Plan and the attached Statement of Terms and Conditions for Restricted Stock Units, with which I am familiar. I agree that the Award of Restricted Stock Units, The Procter & Xxxxxx 2001 Stock and Xxx Xxxxxxxx Xxxxxxx 2004 Long-Term Incentive Compensation Plan, and the attached Statement of Terms and Conditions for Restricted Stock Units together constitute an agreement between the Company and me in accordance with the terms thereof and hereof, and I further agree that any legal action related to this Award of Restricted Stock Units may be brought in any federal or state court located in Xxxxxxxx County, Ohio, USA, and I hereby accept the jurisdiction of these courts and consent to service of process from said courts solely for legal actions related to this Award of Restricted Stock Units.