Common use of Non Competition and Confidentiality Clause in Contracts

Non Competition and Confidentiality. (a) Notwithstanding any provision to the contrary set forth elsewhere herein, the RSUs, the shares of common stock of the Company underlying the RSUs, or any proceeds received by the Key Person upon the sale of shares of common stock of the Company underlying the RSUs shall be forfeited by the Key Person to the Company without any consideration therefore, if the Key Person is not in compliance, at any time during the period commencing on the date of this Agreement and ending nine months following the termination of the Key Person’s affiliation with the Company and/or its subsidiaries, with all applicable provisions of the Plan and with the following conditions:

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (LKQ Corp), Restricted Stock Unit Agreement (LKQ Corp), Restricted Stock Unit Agreement (LKQ Corp)

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Non Competition and Confidentiality. (a) Notwithstanding any provision to the contrary set forth elsewhere herein, the RSUs, the shares of common stock of the Company underlying the RSUs, or any proceeds received by the Key Person upon the sale of shares of common stock of the Company underlying the RSUs shall be forfeited by the Key Person to the Company without any consideration thereforetherefor, if the Key Person is not in compliance, at any time during the period commencing on the date of this Agreement and ending nine months following one year after the termination date that all of the Key Person’s affiliation with the Company and/or its subsidiariesRSUs have become vested, with all applicable provisions of the Plan and with the following conditions:

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (LKQ Corp), Restricted Stock Unit Agreement (LKQ Corp)

Non Competition and Confidentiality. (a) ). Notwithstanding any provision to the contrary set forth elsewhere herein, the RSUs, the shares of common stock of the Company underlying the RSUs, or any proceeds received by the Key Person upon the sale of shares of common stock of the Company underlying the RSUs shall be forfeited by the Key Person to the Company without any consideration therefore, if the Key Person is not in compliance, at any time during the period commencing on the date of this Agreement and ending nine months following the termination of the Key Person’s affiliation with the Company and/or its subsidiaries, with all applicable provisions of the Plan and with the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (LKQ Corp)

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Non Competition and Confidentiality. (a) Notwithstanding any provision to the contrary set forth elsewhere herein, the RSUs, the shares of common stock of the Company underlying the RSUs, or any proceeds received by the Key Person upon the sale of shares of common stock of the Company underlying the RSUs shall be forfeited by the Key Person to the Company without any consideration therefore, if the Key Person is not in compliance, at any time during the period commencing on the date of this Agreement Grant Date and ending nine months following the termination of the Key Person’s affiliation with the Company and/or its subsidiariesSubsidiaries, with all applicable provisions of the Plan and with the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (LKQ Corp)

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