Common use of Vesting of Restricted Share Units Clause in Contracts

Vesting of Restricted Share Units. The following provision supplements Article 2.3 of the Agreement: For purposes of the Restricted Share Units, in the event of an occurence of a Termination of Employment Event, the Participant’s right to receive the Restricted Share Units and vest under the RSU Plan, if any, will terminate at the earlier of: (a) the date of the occurence of the Termination of Employment Event; (b) the date the Participant receives notice of the Termination of Employment Event, regardless of any notice period or period of pay in lieu of such notice required under any employment law in the country where the Participant resides (including, but not limited to, statutory law, regulatory law and/or common law) even if such law is otherwise applicable to the Participant’s employment benefits from the Employer; or (c) the date of which the Participant is no longer actively employed by or actively providing services to the Company or the Employer. The Company and the Employer shall have exclusive discretion to determine the date of the occurence of the Termination of Employment Event. The following terms and conditions apply to Participants resident in Quebec: Language The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. Les parties reconnaissent avoir expressement souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement à la présente convention, soient rédigés en langue anglaise. AVG Performance RSU Agreement and appendix (2015) 14 Data Privacy Participant hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the RSU Plan. Optionee further authorizes the Company and any Subsidiary or affiliate and administrators to disclose and discuss the Option Plan with their advisors and to record all relevant information and keep such information in Optionee’s employee file. Notifications

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.)

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Vesting of Restricted Share Units. The following provision supplements Article 2.3 of the Agreement: For purposes of the Restricted Share Units, in the event of an occurence occurrence of a Termination of Employment Event, the Participant’s right to receive the Restricted Share Units and vest under the RSU Plan, if any, will terminate at the earlier of: (a) the date of the occurence occurrence of the Termination of Employment Event; (b) the date the Participant receives notice of the Termination of Employment Event, regardless of any notice period or period of pay in lieu of such notice required under any employment law in the country where the Participant resides (including, but not limited to, statutory law, regulatory law and/or common law) even if such law is otherwise applicable to the Participant’s employment benefits from the Employer; or (c) the date of which the Participant is no longer actively employed by or actively providing services to the Company or the Employer. The Company and the Employer shall have exclusive discretion to determine the date of the occurence occurrence of the Termination of Employment Event. The following terms and conditions apply to Participants resident in Quebec: Language The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. Les parties reconnaissent avoir expressement souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement à la présente convention, soient rédigés en langue anglaise. AVG Performance RSU Data Privacy Data Privacy In addition to clause 11 the following applies: By signing this Agreement, the Participant hereby explicitly and unambiguously consents to the collection, use, processing and transfer, in electronic or other form, of the Participant’s personal data as described in this Agreement and appendix (2015) 14 Data Privacy more specifically in clause 11, and any other Restricted Share Unit grant materials by and among, as applicable, the Company, its Subsidiaries and/or the Employer for the purpose of implementing, administering and managing the Participant’s participation in the RSU Plan. If the Participant does not consent, or if the Participant later seeks to revoke his consent, which he may do so at any time, his employment status or service and career with the Company and/or Employer will not be adversely affected; however, refusing or withdrawing the Participant’s consent may result in the Company not being able to grant the Participants RSUs or other equity awards or administer or maintain such awards. Therefore, the Participant understands that refusing or withdrawing his consent may affect the Participant’s ability to participate in the RSU Plan. For more information on the consequences of the Participant’s refusal to consent or withdrawal of consent, the Participant understands that he may contact the stock plan service provider or Chief Legal Officer. The Participant hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the RSU Plan. Optionee Participant further authorizes the Company and any Subsidiary or affiliate and administrators to disclose and discuss the Option RSU Plan with their advisors and to record all relevant information and keep such information in OptioneeParticipant’s employee file. Notifications

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.)

Vesting of Restricted Share Units. The following provision supplements Article 2.3 of the Agreement: For purposes of the Restricted Share Units, in the event of an occurence of a Termination of Employment Event, the Participant’s right to receive the Restricted Share Units and vest under the RSU Plan, if any, will terminate at the earlier of: (a) the date of the occurence of the Termination of Employment Event; (b) the date the Participant receives notice of the Termination of Employment Event, regardless of any notice period or period of pay in lieu of such notice required under any employment law in the country where the Participant resides (including, but not limited to, statutory law, regulatory law and/or common law) even if such law is otherwise applicable to the Participant’s employment benefits from the Employer; or (c) the date of which the Participant is no longer actively employed by or actively providing services to the Company or the Employer. The Company and the Employer shall have exclusive discretion to determine the date of the occurence of the Termination of Employment Event. The following terms and conditions apply to Participants resident in Quebec: Language The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. Les parties reconnaissent avoir expressement souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement à la présente convention, soient rédigés en langue anglaise. AVG Performance RSU Agreement and appendix (2015) 14 Data Privacy Participant hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the RSU Plan. Optionee further authorizes the Company and any Subsidiary or affiliate and administrators to disclose and discuss the Option Plan with their advisors and to record all relevant information and keep such information in Optionee’s employee file. Notifications.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.)

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Vesting of Restricted Share Units. The following provision supplements Article 2.3 of the Agreement: For purposes of the Restricted Share Units, in the event of an occurence occurrence of a Termination of Employment Event, the Participant’s right to receive the Restricted Share Units and vest under the RSU Plan, if any, will terminate at the earlier of: (a) the date of the occurence occurrence of the Termination of Employment Event; (b) the date the Participant receives notice of the Termination of Employment Event, regardless of any notice period or period of pay in lieu of such notice required under any employment law in the country where the Participant resides (including, but not limited to, statutory law, regulatory law and/or common law) even if such law is otherwise applicable to the Participant’s employment benefits from the Employer; or (c) the date of which the Participant is no longer actively employed by or actively providing services to the Company or the Employer. The Company and the Employer shall have exclusive discretion to determine the date of the occurence occurrence of the Termination of Employment Event. The following terms and conditions apply to Participants resident in Quebec: Language The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. Les parties reconnaissent avoir expressement souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement à la présente convention, soient rédigés en langue anglaise. AVG Performance RSU Data Privacy In addition to clause 11 the following applies: By signing this Agreement, the Participant hereby explicitly and unambiguously consents to the collection, use, processing and transfer, in electronic or other form, of the Participant’s personal data as described in this Agreement and appendix (2015) 14 Data Privacy more specifically in clause 11, and any other Restricted Share Unit grant materials by and among, as applicable, the Company, its Subsidiaries and/or the Employer for the purpose of implementing, administering and managing the Participant’s participation in the RSU Plan. If the Participant does not consent, or if the Participant later seeks to revoke his consent, which he may do so at any time, his employment status or service and career with the Company and/or Employer will not be adversely affected; however, refusing or withdrawing the Participant’s consent may result in the Company not being able to grant the Participants RSUs or other equity awards or administer or maintain such awards. Therefore, the Participant understands that refusing or withdrawing his consent may affect the Participant’s ability to participate in the RSU Plan. For more information on the consequences of the Participant’s refusal to consent or withdrawal of consent, the Participant understands that he may contact the stock plan service provider or Chief Legal Officer. The Participant hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the RSU Plan. Optionee Participant further authorizes the Company and any Subsidiary or affiliate and administrators to disclose and discuss the Option RSU Plan with their advisors and to record all relevant information and keep such information in OptioneeParticipant’s employee file. Notifications

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.)

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