Common use of ADDENDUM Clause in Contracts

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 5 contracts

Samples: 2023 Stock Incentive Plan Stock Unit Award Agreement (Borgwarner Inc), 2023 Stock Incentive Plan Stock Unit Award Agreement (Borgwarner Inc), Award Agreement

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ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.. * * * * *

Appears in 5 contracts

Samples: 2023 Stock Incentive Plan Stock Unit Award Agreement (Phinia Inc.), Incentive Plan Conversion Award (Phinia Inc.), 2018 Stock Incentive Plan Stock Units Award Agreement (Borgwarner Inc)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Performance Stock Units shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee Participant transfers the EmployeeParticipant’s residence and/or employment to another country reflected in an Addendumcountry, the special terms and conditions reflected in the Addendum, if any, for such country will may apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or and regulations or to facilitate the operation and administration of the Performance Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 4 contracts

Samples: Performance Stock Unit Agreement, Performance Stock Unit Agreement (General Cable Corp /De/), Performance Stock Unit Agreement (General Cable Corp /De/)

ADDENDUM. Notwithstanding any provisions herein provision of this Agreement to the contrary, the Restricted Stock Units shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), ) as may be set are forth in an the applicable addendum to this the Agreement (the “Addendum”). Further, if the Employee Participant transfers the Employee’s residence residency and/or employment to another country reflected in an AddendumAddendum to the Agreement, the special terms and conditions for such country will apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local lawslaw, rules and/or regulations and regulations, or to facilitate the operation and administration of the Restricted Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any Any applicable Addendum shall constitute part of this Agreement.

Appears in 3 contracts

Samples: Global Restricted Stock Performance Unit Agreement (Take Two Interactive Software Inc), Global Restricted Stock Unit Agreement (Take Two Interactive Software Inc), Global Restricted Stock Unit Agreement (Take Two Interactive Software Inc)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee Participant transfers the EmployeeParticipant’s residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or and regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 2 contracts

Samples: Stock Unit Agreement for Executives (General Cable Corp /De/), Restricted Stock Unit Agreement (General Cable Corp /De/)

ADDENDUM. Notwithstanding any provisions herein in this Agreement to the contrary, the this award of Restricted Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), as may be set forth in an the applicable addendum to this Agreement (the “Addendum”)Agreement. Further, if the Employee transfers the Employee’s residence residency and/or employment to another country reflected in an Addendumaddendum to this Agreement, the special terms and conditions for such country will apply to the Employee to the extent the Company Xxxxxxxxx determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations or to facilitate the operation and administration of the Restricted Stock Units and the Plan (or the Company Xxxxxxxxx may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any Any applicable Addendum addendum shall constitute part of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Donaldson Co Inc), Restricted Stock Unit Award Agreement (Donaldson Co Inc)

ADDENDUM. Notwithstanding any provisions herein of this Agreement to the contrary, the Stock Units Option shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), as may be ) set forth in an addendum to this Agreement (the an “Addendum”), as applicable. In all circumstances, any applicable Addendum shall constitute part of this Agreement. Further, if the Employee Participant transfers the Employee’s residence and/or employment to another country reflected in an AddendumAddendum to this Agreement, the special terms and conditions for such country will apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such special terms and conditions is necessary or advisable in order to comply with local lawslaw, rules and/or and regulations or to facilitate the operation and administration of the Stock Units Option and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Fedex Corp), Stock Option Agreement (Fedex Corp)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.. Exhibit 10.3

Appears in 1 contract

Samples: 2014 Stock Incentive Plan Stock Units Award Agreement (Borgwarner Inc)

ADDENDUM. Notwithstanding any provisions herein of this Agreement to the contrary, the Restricted Stock Units shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), as may be ) set forth in an addendum to this Agreement (the an “Addendum”). Further, if the Employee Participant transfers the EmployeeParticipant’s residence and/or employment to another country reflected in an AddendumAddendum to this Agreement at the time of transfer, the special terms and conditions for such country will apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or and regulations or to facilitate the operation and administration of the Restricted Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Caesars Acquisition Co)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s 's country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s 's residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations law or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative additional special terms and conditions as may be necessary or advisable to accommodate the Employee’s 's transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: 2004 Stock Incentive Plan (Borgwarner Inc)

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ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s 's country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s 's residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations law or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s 's transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: 2004 Stock Incentive Plan (Borgwarner Inc)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s residence and/or employment to another country reflected in an Addendum, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations [2013 Text did not include rules and/or regulations] or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: Award Agreement (Borgwarner Inc)

ADDENDUM. Notwithstanding any provisions herein provision of this Agreement to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s your country of residence (and country of employment, if different), ) as may be set are forth in an the applicable addendum to this the Agreement (the “Addendumthe“Addendum”). Further, if the Employee transfers the Employee’s residence you transfer residency and/or employment to another country reflected in an AddendumAddendum to the Agreement, the special terms and conditions for such country will apply to the Employee you to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or and regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s your transfer). In all circumstances, any Any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Costco Wholesale Corp /New)

ADDENDUM. Notwithstanding any provisions herein provision of this Agreement to the contrary, the Stock Units shall be subject to any special terms and conditions for the Employee’s country of residence (and country of employment, if different), ) as may be set are forth in an the applicable addendum to this the Agreement (the “Addendum”). Further, if the Employee transfers the Employee’s residence their residency and/or employment to another country reflected in an AddendumAddendum to the Agreement, the special terms and conditions for such country will apply to the Employee to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations law or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Employee’s transfer). In all circumstances, any Any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: Costco Wholesale (Costco Wholesale Corp /New)

ADDENDUM. Notwithstanding any provisions herein to the contrary, the Stock Units shall be subject to any special terms and conditions for the EmployeeParticipant’s country of residence (and country of employment, if different), as may be set forth in an addendum to this Agreement (the “Addendum”). Further, if the Employee Participant transfers the EmployeeParticipant’s residence and/or employment to another country reflected in an Addendumcountry, the special terms and conditions reflected in the Addendum, if any, for such country will apply to the Employee Participant to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or and regulations or to facilitate the operation and administration of the Stock Units and the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the EmployeeParticipant’s transfer). In all circumstances, any applicable Addendum shall constitute part of this Agreement.

Appears in 1 contract

Samples: Stock Unit Agreement for Executives (General Cable Corp /De/)

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