Common use of Misconduct Clause in Contracts

Misconduct. Participant shall not engage in any acts that are considered to be contrary to the Company’s best interests, including, but not limited to, violating the Company’s Code of Conduct, engaging in unlawful trading in the securities of PepsiCo or of any other company based on information gained as a result of his or her employment with the Company, or engaging in any other activity which constitutes gross misconduct.

Appears in 18 contracts

Samples: Pepsico Stock Option Retention Award (Pepsico Inc), Term Incentive Award (Pepsico Inc), Stock Option Terms and Conditions (Pepsico Inc)

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Misconduct. The Participant shall not engage in any of the following acts that are considered to be contrary to the Company’s best interests, including, but not limited to, interests during the term of his or her employment with the Company: (a) violating the Company’s Code of Conduct, engaging in unlawful Xxxxxxx Xxxxxxx Policy or any other written policies of the Company, (b) unlawfully trading in the securities of PepsiCo or of any other company based on information gained as a result of his or her employment with the Company, or (c) engaging in any other activity which constitutes gross misconduct.

Appears in 5 contracts

Samples: Pepsico Pro (Pepsico Inc), Pepsico Annual Long (Pepsico Inc), Pepsico Restricted Stock (Pepsico Inc)

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