Common use of Age Discrimination Clause in Contracts

Age Discrimination. If the Optionee is a resident and/or employed in a country that is a member of the European Union, the grant of the Option and the Agreement are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the “Age Discrimination Rules”). To the extent that a court or tribunal of competent jurisdiction determines that any provision of the Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local law.

Appears in 4 contracts

Samples: 2020 Stock Incentive Plan (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co)

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Age Discrimination. If the Optionee is a resident and/or employed in a country that is a member of the European Union, the grant of the Option and the this Agreement are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the “Age Discrimination Rules”). To the extent that a court or tribunal of competent jurisdiction determines that any provision of the this Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local law.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Columbia Sportswear Co)

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