Joint Election. As a condition of your participation in the Plan and of the vesting of the Restricted Stock Units, you agree to accept any liability for secondary Class 1 National Insurance Contributions which may be payable by the Company and/or the Employer with respect to the vesting of the Restricted Stock Units or otherwise payable in connection with the shares of Stock and the right to acquire shares of Stock (“Employer NICs”).
Appears in 9 contracts
Sources: Restricted Stock Unit Agreement (Ciena Corp), Restricted Stock Unit Agreement (Ciena Corp), Restricted Stock Unit Agreement (Ciena Corp)
Joint Election. As a condition of your participation participating in the Plan and of vesting in the vesting of the Restricted Stock Units, you agree to accept any liability for secondary Class 1 National Insurance Contributions (the “Employer NICs”) which may be payable by the Company and/or or the Employer Parent, Subsidiary or Affiliate retaining your Services with respect to the vesting of Shares obtained under the Restricted Stock Units Plan or otherwise payable with respect to a benefit derived in connection with the shares of Stock and the right to acquire shares of Stock (“Employer NICs”)Plan.
Appears in 1 contract
Sources: Stock Unit Agreement (INPHI Corp)
Joint Election. As a condition of your participation participating in the Plan and of vesting in the vesting of the Restricted Stock Units, you agree to accept any liability for secondary Class 1 National Insurance Contributions (the “Employer NICs”) which may be payable by the Company and/or or the Employer Parent, Subsidiary or Affiliate retaining your Service with respect to the vesting of Shares obtained under the Restricted Stock Units Plan or otherwise payable with respect to a benefit derived in connection with the shares of Stock and the right to acquire shares of Stock (“Employer NICs”)Plan.
Appears in 1 contract
Sources: Stock Unit Agreement (INPHI Corp)
Joint Election. As a condition of your participation in the Plan and of the vesting of the Restricted Stock Units, you agree to accept any liability for secondary Class 1 National Insurance Contributions which may be payable by the Company and/or the Employer with respect to the vesting of the Restricted Stock Units or otherwise payable in connection with the shares of Stock and the right to acquire shares of Stock Chargeable Event (“Employer NICs”).
Appears in 1 contract