PSU Awards. Each Parent PSU Award that is outstanding as of immediately prior to the Effective Time shall be converted, as of the Effective Time, into a Post-Separation Parent PSU Award, and shall, except as otherwise provided in this Section 4.02 and the terms of the award agreement governing the applicable Parent PSU Award, be subject to the same terms and conditions (including with respect to vesting) after the Effective Time as were applicable to such Parent PSU Award immediately prior to the Effective Time; provided, however, that from and after the Effective Time:
Appears in 4 contracts
Samples: Employee Matters Agreement (Varex Imaging Corp), Employee Matters Agreement (Varex Imaging Corp), Employee Matters Agreement (Varian Medical Systems Inc)
