Common use of Award Contingent Upon Execution of this Agreement and of Non-Compete Clause in Contracts

Award Contingent Upon Execution of this Agreement and of Non-Compete. This Award is contingent upon the Participant’s execution of this Agreement and the associated non-compete agreement, which is a condition precedent to this Award. This Award shall be void, and the Participant shall not be entitled to any rights hereunder, unless the Participant executes this Agreement and the non-compete agreement on or before /$AcceptByDate$/, and thereafter fully complies with their terms. The Participant will be paid the first Dividend Equivalent payable under Section 4 of this Agreement only if the Participant executes this Agreement and the associated non-compete agreement on or before <Date_2>.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Norfolk Southern Corp), Restricted Stock Units Award Agreement (Norfolk Southern Corp), Restricted Stock Units Agreement (Norfolk Southern Corp)

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Award Contingent Upon Execution of this Agreement and of Non-Compete. This Award is contingent upon the Participant’s execution of this Agreement and the associated non-compete agreementagreement (Non-Compete Agreement), which is a condition precedent to this Award. This Award shall be void, and the Participant shall not be entitled to any rights hereunder, unless the Participant executes this Agreement and the nonNon-compete agreement Compete Agreement on or before /$AcceptByDate$/, and thereafter fully complies with their terms. The Participant will be paid the first Dividend Equivalent payable under Section 4 of this Agreement only if the Participant executes this Agreement and the associated nonNon-compete agreement Compete Agreement on or before <Date_2>.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Norfolk Southern Corp), Restricted Stock Units Agreement (Norfolk Southern Corp), Non Qualified Stock Option Agreement (Norfolk Southern Corp)

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Award Contingent Upon Execution of this Agreement and of Non-Compete. This Award is contingent upon the Participant’s execution of this Agreement and the associated non-compete agreementagreement (Non-Compete Agreement), which is a condition precedent to this Award. This Award shall be void, and the Participant shall not be entitled to any rights hereunder, unless the Participant executes this Agreement and the nonNon-compete agreement Compete Agreement on or before /$AcceptByDate$/, and thereafter fully complies with their terms. The Participant will be paid the first Dividend Equivalent payable under Section 4 of this Agreement only if the Participant executes this Agreement and the associated nonNon-compete agreement Compete Agreement on or before <Date_2>[__], 2024.

Appears in 2 contracts

Samples: Restricted Stock Units Award Agreement (Norfolk Southern Corp), Non Qualified Stock Option Agreement (Norfolk Southern Corp)

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