Award Not French-Qualified Sample Clauses

Award Not French-Qualified. The Grantee understands and acknowledges that the Restricted Stock Units granted under this Agreement are not intended to qualify for specific tax and social security treatment pursuant to Sections L. 000-000-0 to L. 000-000-0 and Sections L. 22-10-59 and L. 22-10-60 of the French Commercial Code, as amended. ​
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Award Not French-Qualified. The Award is not intended to be “French-qualified,” i.e., it is not intended to qualify for specific tax and/or social security treatment in France.
Award Not French-Qualified. The Award is not granted under the French specific regime provided by Articles L.000-000-0 and seq. of the French Commercial Code, as amended.
Award Not French-Qualified. The PSUs are not granted under the French specific regime provided by Articles L. 000-000-0 and seq. or L. 22-10-59 and L. 22-10-60 of the French Commercial Code, as amended. 2.
Award Not French-Qualified. The Restricted Stock Units are not granted under the French specific regime provided by Articles L. 000-000-0 and seq. or L. 22-10-59 and L. 22-10-60 of the French Commercial Code, as amended. 2.
Award Not French-Qualified. The Optionee understands and acknowledges that the Stock Option granted under this Agreement are not intended to qualify for specific tax and social security treatment pursuant to Sections L. 225-177 to L. 000-000-0 and Sections L. 22-10-56 to L. 22-10-58 of the French Commercial Code, as amended. ​
Award Not French-Qualified. Participant understands and acknowledges that the Restricted Stock Units granted under this Restricted Stock Unit Agreement are not intended to qualify for specific tax and social security treatment pursuant to Sections L. 000-000-0 to L. 000-000-0 of the French Commercial Code, as amended.
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Related to Award Not French-Qualified

  • Initial Equity Award Upon or as soon as practicable after the Effective Date, the Company will award Executive restricted stock units and stock options to purchase shares of the Company’s common stock, with an aggregate grant date fair market value as determined by the Board for accounting purposes of $1,200,000. Such restricted stock units or stock options, as applicable, to vest ratably over 4 years (25% each year). Allocation between restricted stock units and stock options to be determined by the Board.

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