Common use of Local Cash Settlement Clause in Contracts

Local Cash Settlement. Notwithstanding anything to the contrary in the Award Agreement or the Plan, the Award shall be settled locally through local payroll in cash only, less any applicable withholding of Tax-Related Items, by your Employer in the Philippines, and do not provide you any right to receive shares of Stock.

Appears in 2 contracts

Sources: Restricted Stock Units Award Agreement (Tyson Foods, Inc.), Restricted Stock Units Award Agreement (Tyson Foods, Inc.)

Local Cash Settlement. Notwithstanding anything to the contrary in the Award Agreement or the Plan, the Award shall be settled locally through local payroll in cash (only), less any applicable withholding of Tax-Related Items, by your Employer in the Philippines, and do not provide you any right to receive shares of Stock.

Appears in 2 contracts

Sources: Restricted Stock Units Award Agreement (Tyson Foods, Inc.), Restricted Stock Units Award Agreement (Tyson Foods, Inc.)

Local Cash Settlement. Notwithstanding anything to the contrary in the Award Agreement or the Plan, the Award shall be settled locally through local payroll in cash (only, less any applicable withholding of Tax-Related Items, ) by your Employer in the Philippines, and do not provide you any right to receive shares of Stock. No country-specific provisions.

Appears in 2 contracts

Sources: Restricted Stock Units Award Agreement (Tyson Foods, Inc.), Restricted Stock Units Award Agreement (Tyson Foods, Inc.)