Common use of The Election Clause in Contracts

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Chargeable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the Performance Stock Unit Award Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

Appears in 4 contracts

Samples: Award Agreement (Trimble Inc.), Award Agreement (Trimble Inc.), Performance Stock Unit Award Agreement (Trimble Inc.)

AutoNDA by SimpleDocs

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing accepting the Joint Election Award (whether in hard copy of electronically) or by accepting the Performance Stock Unit Award Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Planthis Election (whether is hard copy of electronically), he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Elanco Animal Health Inc), Restricted Stock Unit Award Agreement (Elanco Animal Health Inc), 1 (Elanco Animal Health Inc)

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Chargeable Taxable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the Performance grant of the Restricted Stock Unit Award Agreement through the Company’s online acceptance procedures with procedure at E*Trade or by signing the Company’s designated broker/third party administrator for Notice of Xxxxx to accept the Plan, grant of the Restricted Stock Units he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Aerohive Networks, Inc), Restricted Stock Unit Agreement (Aerohive Networks, Inc), Restricted Stock Unit Agreement (Aerohive Networks, Inc)

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing accepting the Joint Election Performance-Based Award (whether in hard copy or electronically) or by accepting the Performance Stock Unit Award Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Planthis Election (whether in hard copy or electronically), he or she Grantee will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

Appears in 2 contracts

Samples: Award Agreement (Elanco Animal Health Inc), Award Agreement (Elanco Animal Health Inc)

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing the Joint this Election (including by electronic signature process) or by accepting the Performance Stock Unit Award Agreement through Awards (including by electronic acceptance process if made available by the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan), as applicable, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

Appears in 2 contracts

Samples: Global Restricted Stock Unit Award Agreement (Palo Alto Networks Inc), Global Restricted Stock Unit Award Agreement (Palo Alto Networks Inc)

AutoNDA by SimpleDocs

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing the Joint or electronically accepting this Election (including by electronic signature process) or by accepting the Performance Stock Unit Award Agreement through Awards (including by electronic signature or acceptance process if made available by the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan), as applicable, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

Appears in 2 contracts

Samples: Global Stock Option Agreement (Guidewire Software, Inc.), Global Stock Option (Guidewire Software, Inc.)

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability on the Chargeable Event is hereby transferred to the Employee. The Employee understands that by signing the Joint Election or by accepting the Performance Restricted Stock Unit Award Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Plan, he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to SSCBA.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Trimble Navigation LTD /Ca/)

The Election. The Employee and the Company jointly elect that the entire liability of the Employer to pay the Employer’s Liability that arises on the Chargeable Event any Relevant Employment Income is hereby transferred to the Employee. The Employee understands that that, by signing accepting the Joint Election Performance-Based Award (whether in hard copy or electronically) or by accepting the Performance Stock Unit Award Agreement through the Company’s online acceptance procedures with the Company’s designated broker/third party administrator for the Planthis Election (whether in hard copy or electronically), he or she will become personally liable for the Employer’s Liability covered by this Joint Election. This Joint Election is made in accordance with paragraph 3B(1) of Schedule 1 to of the SSCBA.

Appears in 1 contract

Samples: Award Agreement (Elanco Animal Health Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.