Common use of Subject to Clause in Contracts

Subject to. the provisions of Paragraphs 8 and 12 of the Employment Agreement; attainment during the Performance Cycle described on Schedule A of any applicable Performance Objective set forth on Schedule A; and the provisions of Section 21 of this Award Agreement, any SUA’s representing the Target Award and the Exceptional Award, which would otherwise have resulted in the issuance of shares of the Company’s common stock following the Certification Date but for: (i) the termination of the Awardee’s employment by the Company without “Cause” or (ii) termination of the Awardee’s employment for “Good Reason”, in any such event following the end of the Performance Cycle but prior to the date on which such shares would otherwise have been delivered to the Awardee but for such termination, then such shares shall be issued to the Awardee notwithstanding such termination of employment.

Appears in 11 contracts

Samples: Stock Unit Award Agreement (Ufp Technologies Inc), Stock Unit Award Agreement (Ufp Technologies Inc), Stock Unit Award Agreement (Ufp Technologies Inc)

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