Common use of Type of Grant Clause in Contracts

Type of Grant. The Awards are not granted as “French-qualified” Awards and are not intended to qualify for special tax and social security treatment applicable to shares granted for no consideration under Sections L.000-000-0 to L.000-000-0 and Sections L.22-10-59 and L.22-10-60 of the French Commercial Code, as amended.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Ralph Lauren Corp), Performance Share Unit Award Agreement (Ralph Lauren Corp), Performance Share Unit Award Agreement (Ralph Lauren Corp)

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Type of Grant. The Awards are not granted as “French-qualified” Awards and are not intended to qualify for the special tax and social security treatment applicable to shares granted for no consideration under Sections L.000L. 225-197 to L. 000-000-0 to L.000-000-0 and Sections L.22-10-59 and L.22-10-60 of the French Commercial Code, as amended.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Ralph Lauren Corp), Restricted Stock Unit Award Agreement (Ralph Lauren Corp)

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