Equity Plan Benefits. The terms and conditions relating to the treatment of your options, restricted stock units or other equity awards in respect of the common stock of Restaurant Brands International Inc. (“RBI”), if any, following the termination of your employment are as described in the applicable RBI equity incentive plan(s), and the award agreements issued to you pursuant to such plan(s) (the “Award Agreements”), except that, as of the Separation Date and subject to execution and delivery of this Agreement by both parties and this Agreement becoming fully effective and irrevocable, the percentage of vested PSUs shall be equal to the percentages set out in the column of Schedule 1 to this Agreement, attached and made a part hereof, titled “Vested %” under the heading “Pro-Rata Vesting upon Acceleration, assuming termination without cause on the Separation Date”. All other information set forth in Schedule 1 is for informational purposes only, and in the event of a conflict between the information set forth in Schedule 1 and any of the Award Agreements, the applicable Award Agreement shall control. For the avoidance of doubt, the unvested portions of each equity award are automatically forfeited as of the Separation Date. Additionally, the exercise of options or sale of any common stock of RBI may be subject to pre-clearance from the Legal Department for a period of time following the Separation Date in accordance with RBI’s Xxxxxxx Xxxxxxx Policy.
Equity Plan Benefits. The terms and conditions relating to the treatment of your options, restricted stock units or other equity awards in respect of the common stock of RBI, if any, following the termination of your employment are as described in the applicable RBI equity incentive plan(s), and the award agreements issued to you pursuant to such plan(s) (the “Award Agreements”). A summary of the Award Agreements and applicable vesting is set forth on Schedule 1. All in information set forth in Schedule 1 is for informational purposes only, and in the event of a conflict between the information set forth in Schedule 1 and any of the Award Agreements, the applicable Award Agreement shall control. For the avoidance of doubt, the unvested portions of each equity award are automatically forfeited as of the Separation Date. Additionally, the exercise of options or sale of any common stock of RBI may be subject to pre-clearance from the Legal Department for a period of time following the Separation Date in accordance with RBI’s Xxxxxxx Xxxxxxx Policy.
Equity Plan Benefits. (i) In accordance with the terms and conditions of the Company’s 2021 Stock Award and Incentive Plan (the “2021 SAIP”), with respect to any of your purchased restricted stock, restricted stock units, stock-settled appreciation rights, options or other equity awards in respect of the common stock of the Company, as listed in the schedule set forth in Exhibit A (collectively, “Equity Awards”) remaining outstanding as of your Separation Date:
Equity Plan Benefits. You shall have the rights described in Section 3.04 of the Merger Agreement (as such term is defined in the Employment Agreement) with respect to your outstanding equity awards. Except as specifically set out herein, all other benefits shall cease as of the Separation Date.
Equity Plan Benefits. The terms and conditions relating to the treatment of your Equity Choice Plan (“ECP”) awards, long-term incentive plan (“LTIP”) awards, or other equity awards in respect of the common stock of the Company (collectively, “Awards”), if any, shall be governed by the provisions of the applicable equity award plans and award agreements under the Company’s 2015 Stock Award and Incentive Plan (“SAIP”), as such equity plan, award agreements and SAIP may have been amended from time to time (collectively, “Award Documents”). In accordance with the respective Award Agreements, based on your termination as of the Separation Date:
Equity Plan Benefits. The terms and conditions relating to the treatment of your common stock of Holdings, if any, and any options or other equity awards in respect of the common stock of Holdings (the “Equity Awards”), following the termination of your employment with the Company are as described in the Holdings Equity Incentive Plan or the Holdings 2006 Omnibus Incentive Plan, as applicable (the “Equity Plan(s)”), and the award agreements issued to you pursuant to such Equity Plan(s) (the “Award Agreements”), as such Equity Plan(s) and/or Award Agreements may have been amended from time to time. You will be provided with instructions concerning the exercise or settlement of any vested Equity Awards held by you as of the Separation Date at a future date. Except as specifically set out herein, all other benefits shall cease as of the Separation Date.
Equity Plan Benefits. (i) You acknowledge and agree that all options awarded to you in respect of the common stock of Burger King Worldwide Holdings, Inc. are hereby forfeited.
