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 Participant is subject to Section 16 of the Exchange Act, then the Plan, this award of Restricted Stock Units 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.

Appears in 4 contracts

Samples: Award Agreement (Procera Networks, Inc.), Award Agreement (Procera Networks, Inc.), Award Agreement (Procera Networks, Inc.)

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Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if Participant Awardee is subject to Section 16 of the Exchange Act, then the Plan, this award of the Restricted Stock Units 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.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Ingram Micro Inc), Restricted Stock Award Agreement (Ingram Micro Inc), Restricted Stock Award Agreement (Ingram Micro Inc)

Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if the Participant is subject to Section 16 of the Exchange Act, then the Plan, this award of Restricted Stock Units the 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.

Appears in 3 contracts

Samples: Stock Option Award Agreement (Silicon Laboratories Inc), Award Agreement (Silicon Laboratories Inc), Award Agreement (Silicon Laboratories Inc)

Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if the Participant is subject to Section 16 of the Exchange Act, then the Plan, this award of Restricted Stock Units and this Award Agreement shall and the Performance Shares will 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 Act16b-3) that are requirements for the application of such exemptive rule. To the extent permitted by applicable lawlaws permit, this Award Agreement shall will be deemed amended to the extent as necessary to conform to such applicable exemptive rule.. ​

Appears in 1 contract

Samples: Performance Share Award Agreement (Skywest Inc)

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Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Award Agreement, if Participant Optionee is subject to Section 16 of the Exchange Act, then the Plan, this award of Restricted Stock Units the 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.

Appears in 1 contract

Samples: 2011 Incentive Plan (Ingram Micro Inc)

Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan Plan, this Agreement or this any Award AgreementSupplement, if Participant is subject to Section 16 of the Exchange Act, then the Plan, this award of Agreement, each Award Supplement and the Restricted Stock Units 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 lawApplicable Law, this Award Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Shake Shack Inc.)

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