Award Agreement definition
Examples of Award Agreement in a sentence
The parties acknowledge that it is their express wish that this Long-Term Cash Award 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.
In the event you cease to be an employee (other than on account of death or disability as described in Section 12 of the Amended Plan) prior to the Vesting Date(s) set forth in this Long-Term Cash Award Agreement, all then unvested Cash Awards shall be canceled and forfeited, with no further amount payable thereunder.
In addition to the English language provisions below, by accepting the grant of Cash Awards, you confirm having read and understood the Amended Plan and this Long-Term Cash Award Agreement which were provided in English.
Any notice to be given under this Long-Term Cash Award Agreement shall be addressed to the Company in care of its Chief Human Resources Officer at: Kyndryl, Inc.
Subject to Sections 12 and 13 of the Amended Plan and Section 7 of this Equity Award Agreement upon the Vesting date, but in all events no later than 2 ½ months following the year in which your Cash Award vests, the Company shall make a lump sum cash payment, and will equal the vested portion of the Cash Award subject to the terms and conditions of the Amended Plan and this Long-Term Cash Award Agreement.