Common use of STOCK OPTIONS AND OTHER AWARDS Clause in Contracts

STOCK OPTIONS AND OTHER AWARDS. (a) Effective as of the Distribution Date, outstanding stock options (whether vested or unvested), stock appreciation rights, RSUs and restricted stock awards (together, “ITT stock awards”) under the ITT stock plans listed on Schedule 7(a), as each plan may have been amended from time to time (the “ITT Stock Plans”), shall be treated as follows:

Appears in 3 contracts

Samples: Benefits and Compensation Matters Agreement (Exelis Inc.), Benefits and Compensation Matters Agreement (Xylem Inc.), Benefits and Compensation Matters Agreement (Xylem Inc.)

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STOCK OPTIONS AND OTHER AWARDS. (a) Effective as of the Distribution Date, outstanding stock options (whether vested or unvested)options, stock appreciation rights, RSUs rights and restricted stock awards (together, “"ITT stock awards") under the ITT stock plans listed on Schedule 7(a)1977 Stock Option Incentive Plan, the ITT 1986 Incentive Stock Plan, and the ITT 1994 Incentive Stock Plan, as each such plan may have been amended from time to time (the "ITT Stock Plans"), shall be treated as follows:

Appears in 2 contracts

Samples: Employee Benefit Services and Liability Agreement (Itt Corp /Nv/), Employee Benefit Services and Liability Agreement (Itt Industries Inc)

STOCK OPTIONS AND OTHER AWARDS. (a) Effective as of the day following the Distribution Date, outstanding stock options (whether vested or unvested), stock appreciation rights, RSUs and restricted stock awards (together, “ITT stock awards”) under the ITT stock plans listed on Schedule 7(a), as each plan may have been amended from time to time (the “ITT Stock Plans”), shall be treated as follows:

Appears in 1 contract

Samples: Benefits and Compensation Matters Agreement (ITT Corp)

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STOCK OPTIONS AND OTHER AWARDS. (a) Effective as of the day following the Distribution Date, outstanding stock options (whether vested or unvested), stock appreciation rights, RSUs and restricted stock awards (together, “ITT stock awards”) under the ITT stock plans listed on Schedule 7(a), as each plan may have been amended from time to time (the “ITT Stock Plans”), shall be treated as follows:: (i)

Appears in 1 contract

Samples: Benefits and Compensation Matters Agreement

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