Stock Option Act. Notwithstanding any provisions in the Agreement to the contrary, if the Participant is determined to be an “Employee,” as defined in section 2 of the Danish Act on the Use of Rights to Purchase or Subscribe for Shares etc. in Employment Relationships (the “Stock Option Act”), the treatment of the Restricted Stock Units upon Termination shall be governed by Sections 4 and 5 of the Stock Option Act. However, if the provisions in the Agreement or the Plan governing the treatment of the Restricted Stock Unit upon a Termination are more favorable, the provisions of the Agreement or the Plan will govern.
Appears in 7 contracts
Samples: Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc), Fiscal 2002 Share Incentive Plan (Estee Lauder Companies Inc)
Stock Option Act. Notwithstanding any provisions in the Agreement to the contrary, if the Participant is determined to be an “Employee,” as defined in section 2 of the Danish Act on the Use of Rights to Purchase or Subscribe for Shares etc. in Employment Relationships (the “Stock Option Act”), the treatment of the Restricted Stock Units upon Termination shall be governed by Sections 4 and 5 of the Stock Option Act. However, if the provisions in the Agreement or the Plan governing the treatment of the Restricted Stock Unit upon a Termination are more favorable, the provisions of the Agreement or the Plan will govern.. FRANCE
Appears in 2 contracts
Samples: Share Incentive Plan (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)
