Common use of Harm Clause in Contracts

Harm. Notwithstanding anything to the contrary herein, all of the PSUs and Dividend Equivalent PSUs will be automatically forfeited by the Grantee if the Grantee causes Harm (as defined below) to the Company or any of its Subsidiaries prior to the Settlement Date. For purposes of this Agreement, "Harm" includes, but is not limited to, any actions that adversely affect the financial standing, reputation, or products of the Company or any of its Subsidiaries, or any actions involving personal dishonesty, a felony conviction related to the Company or any of its Subsidiaries, or any material violation of any confidentiality or non-competition agreement with the Company or any of its Subsidiaries.

Appears in 3 contracts

Samples: Performance Stock Unit Award Agreement (General Dynamics Corp), Performance Stock Unit Award Agreement (General Dynamics Corp), Performance Stock Unit Award Agreement (General Dynamics Corp)

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Harm. Notwithstanding anything to the contrary herein, all of the PSUs RSUs and Dividend Equivalent PSUs RSUs will be automatically forfeited by the Grantee if the Grantee causes Harm (as defined below) to the Company or any of its Subsidiaries prior to the Settlement Date. For purposes of this Agreement, "Harm" includes, but is not limited to, any actions that adversely affect the financial standing, reputation, or products of the Company or any of its Subsidiaries, or any actions involving personal dishonesty, a felony conviction related to the Company or any of its Subsidiaries, or any material violation of any confidentiality or non-competition agreement with the Company or any of its Subsidiaries.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (General Dynamics Corp), Restricted Stock Unit Award Agreement (General Dynamics Corp), Restricted Stock Unit Award Agreement (General Dynamics Corp)

Harm. Notwithstanding anything to the contrary herein, all of the PSUs Performance RSUs and Dividend Equivalent PSUs RSUs will be automatically forfeited by the Grantee if the Grantee causes Harm (as defined below) to the Company or any of its Subsidiaries prior to the Settlement Date. For purposes of this Agreement, "Harm" includes, but is not limited to, any actions that adversely affect the financial standing, reputation, or products of the Company or any of its Subsidiaries, or any actions involving personal dishonesty, a felony conviction related to the Company or any of its Subsidiaries, or any material violation of any confidentiality or non-competition agreement with the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Performance Restricted Stock Unit Award Agreement (General Dynamics Corp), Performance Restricted Stock Unit Award Agreement (General Dynamics Corp)

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Harm. Notwithstanding anything to the contrary herein, all of the PSUs and Dividend Equivalent PSUs will be automatically forfeited by the Grantee if the Grantee causes Harm (as defined below) to the Company or any of its Subsidiaries prior to the Settlement Date. For purposes of this Agreement, "Harm" includes, but is not limited to, any actions that adversely affect the financial standing, reputation, or products of the Company or any of its Subsidiaries, or any actions involving personal dishonesty, a felony conviction related to the Company or any of its Subsidiaries, or any material violation of any confidentiality or non-competition agreement with the Company or any of its Subsidiaries.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (General Dynamics Corp)

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