Common use of Allegations of Activity Clause in Contracts

Allegations of Activity. If an allegation of detrimental activity by the Key Employee is made to the Committee, then the Committee may suspend the Key Employee’s rights in respect of the Grant to permit the investigation of such allegation.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (SNAP-ON Inc), Performance Share Unit Award Agreement (SNAP-ON Inc), Restricted Stock Unit Agreement (SNAP-ON Inc)

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Allegations of Activity. If an allegation of detrimental activity by the Key Employee is made to the Committee, then the Committee may suspend the Key Employee’s 's rights in respect of the Grant to permit the investigation of such allegation.

Appears in 3 contracts

Samples: Deferred Award Agreement (Snap on Inc), Share and Performance Award Agreement (Snap on Inc), Share and Performance Award Agreement (Snap on Inc)

Allegations of Activity. If an allegation of detrimental activity by the Key Employee is made to the Committee, then the Committee may suspend the Key Employee’s rights in respect of the Grant Retention Bonus to permit the investigation of such allegation.

Appears in 1 contract

Samples: Retention Bonus Agreement (SNAP-ON Inc)

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Allegations of Activity. If an allegation of detrimental activity Detrimental Activity by the Key Employee is made to the Committee, then the Committee may suspend the Key Employee’s rights in respect of the Grant to permit the investigation of such allegation.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Snap-on Inc)

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