Common use of Labor Law Acknowledgment Clause in Contracts

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI Grant, if any, is not part of the Participant’s remuneration from employment.

Appears in 6 contracts

Samples: Incentive Grant Agreement (Mondelez International, Inc.), Incentive Grant Agreement (Mondelez International, Inc.), Term Incentive Grant Agreement (Mondelez International, Inc.)

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Labor Law Acknowledgment. The Participant expressly acknowledges and agrees, for all legal purposes, (ia) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (iib) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iiic) the income from the shares of Common Restricted Stock associated with the vesting of the LTI GrantUnits, if any, is not part of the Participant’s remuneration from employment.

Appears in 4 contracts

Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Labor Law Acknowledgment. The Participant expressly acknowledges and agrees, for all legal purposes, (ia) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (iib) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iiic) the income from the shares of Common Stock associated with the vesting of the LTI GrantOption, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Stock Option Agreement (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock Shares associated with the vesting of the LTI GrantRestricted Stock Units, if any, is not part of the Participant’s remuneration from employment.. Notifications

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Align Technology Inc), Restricted Stock Unit Agreement (Align Technology Inc)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, agrees that (i) the benefits provided under the Agreement and the Amended Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Amended Plan are not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantRestricted Stock Units, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (Visteon Corp), Restricted Stock Unit Grant Agreement (Visteon Corp)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, agrees that (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantRestricted Stock Units, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Visteon Corporation 2020 Incentive Plan Restricted Stock Unit Grant Agreement (Visteon Corp), Visteon Corporation 2020 Incentive Plan Restricted Stock Unit Grant Agreement (Visteon Corp)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, agrees that (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are not a part of the terms and conditions of the Participant’s your employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantPerformance Stock Units, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Visteon Corporation 2020 Incentive Plan (Visteon Corp), Visteon Corporation 2020 Incentive Plan (Visteon Corp)

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Labor Law Acknowledgment. The Participant agreesagrees that, for all legal purposes, (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are is not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantRSUs, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Cameron International Corp), Restricted Stock Unit Award Agreement (Cameron International Corp)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, agrees that (i) the benefits provided under the Agreement and the Amended Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Amended Plan are not a part of the terms and conditions of the Participant’s your employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantPerformance Stock Units, if any, is not part of the Participant’s remuneration from employment.

Appears in 2 contracts

Samples: Performance Stock Unit Grant Agreement (Visteon Corp), Performance Stock Unit Grant Agreement (Visteon Corp)

Labor Law Acknowledgment. The Participant agrees, for all legal purposes, agrees that (i) the benefits provided under the Award ACTIVE 253422541 Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Award Agreement and the Plan are not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common Stock associated with the vesting of the LTI GrantPerformance Shares, if any, is not part of the Participant’s Participants remuneration from employment.

Appears in 1 contract

Samples: Ingredion Incorporated (Ingredion Inc)

Labor Law Acknowledgment. The Participant agreesagrees that, for all legal purposes, (i) the benefits provided under the Agreement and the Plan are the result of commercial transactions unrelated to the Participant’s employment; (ii) the Agreement and the Plan are is not a part of the terms and conditions of the Participant’s employment; and (iii) the income from the shares of Common RSUs and Stock associated with the vesting of the LTI GrantOptions, if any, is not part of the Participant’s remuneration from employment.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cameron International Corp)

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