Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation and/or the Employer in connection with the Option and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation and/or the Employer. The Participant further agrees that the Corporation and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 of the Option Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation or the Employer, as applicable, the Corporation, in its sole discretion and without any liability to the Corporation or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of the Option.
Appears in 3 contracts
Sources: Separation and Release Agreement (Cti Biopharma Corp), Stock Option Agreement (Cti Biopharma Corp), Stock Option Agreement (Cti Biopharma Corp)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees you agree to accept any liability for secondary Class 1 national insurance contributions NICs which may be payable by the Corporation Company and/or the Employer Parent or Subsidiary employing or retaining you in connection with the Option Restricted Stock Units and any event giving rise to Tax-Related Items Withholding Obligations (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees you agree to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participantyou. The Participant You further agrees agree to execute such other joint elections as may be required between the Participant you and any successor to the Corporation Company and/or the EmployerParent or Subsidiary employing or retaining you. The Participant You further agrees agree that the Corporation Company and/or the Employer Parent or Subsidiary employing or retaining you may collect the Employer’s NICs from him or her you by any of the means set forth in Section 7 of the Option Award Agreement. If the Participant does you do not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant you and the Corporation Company or the EmployerParent or Subsidiary employing or retaining you, as applicable, the CorporationCompany, in its sole discretion and without any liability to the Corporation or the Employeryou, may choose not to issue or deliver any Shares to the Participant upon exercise of the Optionyou at vesting and you will forfeit your Restricted Stock Units.
Appears in 3 contracts
Sources: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees you agree to accept any liability for secondary Class 1 national insurance contributions NICs which may be payable by the Corporation Company and/or the Employer Parent or Subsidiary employing or retaining you in connection with the Option Restricted Stock Units and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees you agree to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participantyou. The Participant You further agrees agree to execute such other joint elections as may be required between the Participant you and any successor to the Corporation Company and/or the EmployerParent or Subsidiary employing or retaining you. The Participant You further agrees agree that the Corporation Company and/or the Employer Parent or Subsidiary employing or retaining you may collect the Employer’s NICs from him or her you by any of the means set forth in Section 7 of the Option Agreement. If the Participant does you do not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant you and the Corporation Company or the EmployerParent or Subsidiary employing or retaining you, as applicable, the CorporationCompany, in its sole discretion and without any liability to the Corporation or the Employeryou, may choose not to issue or deliver any Shares shares of Common Stock to the Participant upon exercise of the Optionyou at vesting and you will forfeit your Restricted Stock Units.
Appears in 2 contracts
Sources: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation Company and/or the Employer in connection with the Option and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation Company and/or the Employer. The Participant further agrees that the Corporation Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Plan or in Section 7 6 of the Option Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation or the Employer, as applicableHMRC, the CorporationCompany, in its sole discretion and without any liability to the Corporation Company or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of the Option.. 6-Aug-2015 (Executive)
Appears in 1 contract
Sources: Stock Option Award Agreement
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation Company and/or the Employer in connection with the Option RSUs and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation Company and/or the Employer. The Participant further agrees that the Corporation Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 6 of the Option Award Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation Company or the Employer, as applicable, the CorporationCompany, in its sole discretion and without any liability to the Corporation Company or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise vesting of the OptionRSUs. There are no country-specific provisions. Capitalized terms used but not otherwise defined herein shall have the meaning given to such terms in the Plan and the Restricted Stock Unit Agreement.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Cti Biopharma Corp)
Joint Election. As a condition of the Participant’s participation in the PlanPlan and the vesting of the RSUs, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions NICs which may be payable by the Corporation Company and/or the Employer in connection with the Option RSUs and any event giving rise to Tax-Related Items (the “Employer’s Employer NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint an election with between himself or herself and the Corporation Company or the Employer in the form approved by HMRC (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, ) and to execute any other consents consent or elections election required to accomplish the transfer of the Employer’s Employer NICs to the Participant. The Participant understands that the Joint Election applies to any RSUs granted to him or her under the Plan after the Participant enters into the Joint Election. The Participant further agrees to execute enter into any such other joint elections as may be required between the Participant him or her and any successor to the Corporation Company and/or the Employer. The Participant further agrees that the Corporation Company and/or the Employer may collect the Employer’s Employer NICs from him or her by any of the means set forth in Section 7 of the Option Agreement. If the Participant does not enter into a Joint Election, or if approval Election prior to vesting and of the RSUs, he/she will not be entitled to vest in the RSUs unless and until he/she enters into a Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by and no Shares will be issued to the Participant and under the Corporation or the EmployerPlan, as applicable, the Corporation, in its sole discretion and without any liability to the Corporation or Company and/or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of the Option.
Appears in 1 contract
Sources: Global Restricted Stock Unit Agreement (Akamai Technologies Inc)
Joint Election. As a condition of the Participant’s participation in the PlanPlan and the vesting of the RSUs, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions NICs which may be payable by the Corporation Company and/or the Employer in connection with the Option RSUs and any event giving rise to Tax-Related Items (the “Employer’s Employer NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint an election with between himself or herself and the Corporation Company or the Employer in the form approved by HMRC (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, ) and to execute any other consents consent or elections election required to accomplish the transfer of the Employer’s Employer NICs to the Participant. The Participant understands that the Joint Election applies to any RSUs granted to him or her under the Plan after the Participant enters into the Joint Election. The Participant further agrees to execute enter into any such other joint elections as may be required between the Participant him or her and any successor to the Corporation Company and/or the Employer. The Participant further agrees that the Corporation Company and/or the Employer may collect the Employer’s Employer NICs from him or her by any of the means set forth in Section 7 of the Option Agreement. If the Participant does not enter into a Joint Election, or if approval Election prior to vesting of the RSUs, he/she will not be entitled to vest in the RSUs unless and until he/she enters into a Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by and no Shares will be issued to the Participant and under the Corporation or the EmployerPlan, as applicable, the Corporation, in its sole discretion and without any liability to the Corporation or Company and/or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of the Option.
Appears in 1 contract
Sources: Global Restricted Stock Unit Agreement (Akamai Technologies Inc)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant Optionee agrees to accept any liability for secondary Class 1 national insurance contributions NICs which may be payable by the Corporation Company and/or the Employer in connection with the exercise of the Option and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant Optionee agrees to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the ParticipantEmployee. The Participant Optionee further agrees to execute such other joint elections as may be required between the Participant Optionee and any successor to the Corporation Company and/or the Employer. The Participant Optionee further agrees that the Corporation Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 5 of the Option Agreement. If the Participant Optionee does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant Optionee and the Corporation Company or the Employer, as applicable, the CorporationCompany, in its sole discretion and without any liability to the Corporation Company or the Employer, may choose not to issue or deliver any Shares shares to the Participant Employee upon exercise of the Option.. (Joint Election Form below)
Appears in 1 contract
Sources: Global Stock Option Agreement (Servicesource International, Inc.)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation and/or the Employer in connection with the Option Stock Bonus and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation and/or the Employer. The Participant further agrees that the Corporation and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 5 of the Option Award Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation or the Employer, as applicable, the Corporation, in its sole discretion and without any liability to the Corporation or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of Participant. There are no country-specific provisions. Capitalized terms used but not otherwise defined herein shall have the Optionmeaning given to such terms in the Plan and the Award Agreement.
Appears in 1 contract
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation and/or the Employer in connection with the Option RSUs and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation and/or the Employer. The Participant further agrees that the Corporation and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 6 of the Option Award Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation or the Employer, as applicable, the Corporation, in its sole discretion and without any liability to the Corporation or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise vesting of the OptionRSUs. There are no country-specific provisions. Capitalized terms used but not otherwise defined herein shall have the meaning given to such terms in the Plan and the Restricted Stock Unit Agreement.
Appears in 1 contract
Sources: Restricted Stock Unit Award Agreement (Cti Biopharma Corp)
Joint Election. As a condition of the Participant’s participation in the Plan, the Participant agrees to accept any liability for secondary Class 1 national insurance contributions which may be payable by the Corporation Company and/or the Employer in connection with the Option and any event giving rise to Tax-Related Items (the “Employer’s NICs”). Without limitation to the foregoing, the Participant agrees to enter into a joint election with the Corporation Company (the “Joint Election”), the form of such Joint Election being formally approved by HMRC, and to execute any other consents or elections required to accomplish the transfer of the Employer’s NICs to the Participant. The Participant further agrees to execute such other joint elections as may be required between the Participant and any successor to the Corporation Company and/or the Employer. The Participant further agrees that the Corporation Company and/or the Employer may collect the Employer’s NICs from him or her by any of the means set forth in Section 7 of the Option Agreement. If the Participant does not enter into a Joint Election, or if approval of the Joint Election has been withdrawn by HMRC or if such Joint Election is jointly revoked by the Participant and the Corporation Company or the Employer, as applicable, the CorporationCompany, in its sole discretion and without any liability to the Corporation Company or the Employer, may choose not to issue or deliver any Shares to the Participant upon exercise of the Option.
Appears in 1 contract