Illinois. Paragraph 2(g)(iv) does not apply unless the employee’s actual or expected rate of earnings exceeds $45,000 per year (which statutorily increases every five years).
Appears in 5 contracts
Sources: Restricted Stock Unit Grant Agreement (Xylem Inc.), Performance Share Unit Grant Agreement (Xylem Inc.), Restricted Stock Unit Grant Agreement (Xylem Inc.)
Illinois. Paragraph 2(g)(iv) does not apply unless the employee’s actual or expected rate of earnings exceeds $45,000 per year (which statutorily increases every five yearsnext statutory increase occurs in 2027).
Appears in 4 contracts
Sources: Non Qualified Stock Option Grant Agreement (Xylem Inc.), Restricted Stock Unit Grant Agreement (Xylem Inc.), Performance Share Unit Grant Agreement (Xylem Inc.)