Common use of Limitations Applicable to Section 16 Persons Clause in Contracts

Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if Awardee is subject to Section 16 of the Exchange Act, the Plan, the Restricted Stock Unit Award and this Award Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, this Award Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. XXXXXX MICRO INC. Xxxx Xxxxxxxx Executive Vice President, Human Resources Accepted and agreed as to the foregoing: AWARDEE Name Date

Appears in 12 contracts

Samples: 2003 Equity Incentive Plan Eu Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc), Restricted Stock Unit Award Agreement (Ingram Micro Inc)

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Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if Awardee Optionee is subject to Section 16 of the Exchange Act, the Plan, the Restricted Stock Unit Award Option and this Award Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, this Award Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. XXXXXX MICRO INC. Xxxx Xxxxxxxx Executive Vice President, Human Resources Accepted and agreed as to the foregoing: AWARDEE OPTIONEE Name Date

Appears in 2 contracts

Samples: Qualified Stock Option Award Agreement (Ingram Micro Inc), Non Qualified Stock Option Award Agreement (Ingram Micro Inc)

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