Common Contracts
2 similar Award Plan Performance Stock Unit Award Agreement contracts by CDK Global, Inc.
CDK GLOBAL, INC. 2014 OMNIBUS AWARD PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENTAward Plan Performance Stock Unit Award Agreement • September 11th, 2019 • CDK Global, Inc. • Services-business services, nec • Delaware
Except as otherwise determined by the Committee in its sole discretion or as set forth in Section 2(b) or Section 3(b), unvested PSUs shall be forfeited without consideration to the Participant upon the Participant’s termination of employment with the Company or its Affiliates for any reason. For purposes of the PSUs, the Participant’s termination date shall occur (regardless of the reason for such termination, and whether or not found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed, or the terms of the Participant’s employment agreement, if any), except as otherwise required by applicable legislation, effective as of the date that is the earlier of: (i) the termination of the Participant’s employment relationship; (ii) the date the Participant receives written notice of termination; or (iii) the date the Participant is no longer actively employed regardless of any notice period or period of pay in lieu of such notice mandated under a
CDK GLOBAL, INC. 2014 OMNIBUS AWARD PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENTAward Plan Performance Stock Unit Award Agreement • September 6th, 2018 • CDK Global, Inc. • Services-business services, nec • Delaware
CDK GLOBAL, INC. (the “Company”), pursuant to the 2014 Omnibus Award Plan (the “Plan”), hereby irrevocably grants to [NAME] (the “Participant”), on [DATE] (the “Grant Date”), a Performance Stock Unit Award (the “Award”) of forfeitable performance stock units of the Company (“PSUs”), each PSU representing the right to receive one share of the Company’s common stock, par value $0.01 per share (“Common Stock”), or the cash value thereof, subject to the restrictions, terms and conditions herein.
