Protective Agreement. Notwithstanding anything herein to the contrary, ▇▇▇▇▇▇▇ acknowledges and understands that the Restricted Share Units granted hereby is contingent upon ▇▇▇▇▇▇▇’s execution of the Protective Agreement attached hereto as Exhibit A, which ▇▇▇▇▇▇▇ is executing contemporaneously with this Agreement. In the event Grantee breaches any provisions of the Protective Agreement (including, for the avoidance of doubt, following a termination of employment under Section 2.2), the Restricted Share Units shall be automatically forfeited without consideration effective as of the date on which such breach first occurs. The foregoing rights and remedies are in addition to any other rights and remedies that may be available to the Company and shall not prevent (and Grantee shall not assert that they shall prevent) the Company from bringing one or more actions in any applicable jurisdiction to recover damages as a result of ▇▇▇▇▇▇▇’s breach of the Protective Agreement. Without limiting the foregoing, to the extent permitted under applicable law, any Shares that have previously been delivered to Grantee or Grantee’s beneficiaries or heirs on vesting of the Restricted Share Units, and which are still held
Appears in 1 contract
Sources: Restricted Share Unit Agreement (Tractor Supply Co /De/)
Protective Agreement. Notwithstanding anything herein to the contrary, ▇▇▇▇▇▇▇ acknowledges and understands that the Restricted Share Units Award granted hereby is contingent upon ▇▇▇▇▇▇▇’s execution of the Protective Agreement attached hereto as Exhibit A, which ▇▇▇▇▇▇▇ Grantee is executing contemporaneously with this Agreement. In the event Grantee breaches any provisions of the Protective Agreement (including, for the avoidance of doubt, following a termination of employment under Section 2.2), the Restricted Share Units shall be automatically forfeited without consideration effective as of the date on which such breach first occurs. The foregoing rights and remedies are in addition to any other rights and remedies that may be available to the Company and shall not prevent (and Grantee shall not assert that they shall prevent) the Company from bringing one or more actions in any applicable jurisdiction to recover damages as a result of ▇▇▇▇▇▇▇’s breach of the Protective Agreement. Without limiting the foregoing, to the extent permitted under applicable law, any Shares that have previously been delivered to Grantee or Grantee’s beneficiaries or heirs on vesting of the Restricted Share Units, and which are still held
Appears in 1 contract
Sources: Restricted Share Unit Agreement (Tractor Supply Co /De/)