Common use of Transfer of Employment Clause in Contracts

Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance Period, the Employee shall be eligible to receive the number of Performance Shares determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designee, as the case may be, in its sole discretion may deem appropriate.

Appears in 4 contracts

Samples: Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/), Equity Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/), Incentive Plan Performance Share Award Agreement Terms and Conditions (Harris Corp /De/)

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Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance Period, the Employee shall be eligible to receive the number of Performance Shares Units determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designee, as the case may be, in its sole discretion may deem appropriate.

Appears in 4 contracts

Samples: Performance Share Unit Award Agreement (Harris Corp /De/), Performance Share Unit Award Agreement (Harris Corp /De/), Performance Unit Award Agreement (Harris Corp /De/)

Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance Period, the Employee shall be eligible to receive the number of Performance Shares Units determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designee, as the case may be, in its sole discretion may deem appropriate.

Appears in 3 contracts

Samples: Equity Incentive Plan Performance Share Unit Award Agreement Terms and Conditions (Harris Corp /De/), Equity Incentive Plan Performance Share Unit Award Agreement Terms and Conditions (Harris Corp /De/), Performance Share Unit Award Agreement (Harris Corp /De/)

Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance Period, the Employee shall be eligible to receive the number of Performance Shares shares of Stock determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designeeCommittee, as the case may be, in its sole discretion may deem appropriate.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Harris Corp /De/), Incentive Plan Performance Share Award Agreement (Harris Corp /De/)

Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate affiliate to another business unit or Affiliate affiliate during a Performance Period, the such Employee shall be eligible to receive the number of Performance Shares shares of Stock determined by the Board of Directors or the Committee of the Board Committee or its designee of Directors administering the Plan based upon such factors as the Board of Directors or the Board Committee or its designeeCommittee, as the case may be, in its sole discretion may deem appropriate.

Appears in 1 contract

Samples: Corporation Stock Option Agreement (Harris Corp /De/)

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Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a the Performance Period, the Employee shall be eligible to receive the number of Performance Shares Units determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designee, as the case may be, in its sole discretion may deem appropriate.

Appears in 1 contract

Samples: Performance Unit Award Agreement (L3harris Technologies, Inc. /De/)

Transfer of Employment. If the Employee transfers employment from one business unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance Period, the Employee shall be eligible to receive the number of Performance Shares Units determined by the Board of Directors or the Board Committee or its designee based upon such factors as the Board of Directors or the Board Committee or its designeeCommittee, as the case may be, in its sole discretion may deem appropriate.

Appears in 1 contract

Samples: Incentive Plan Performance Unit Award Agreement Terms and Conditions (Harris Corp /De/)

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