Awards to New Joiners‌ Sample Clauses

Awards to New Joiners‌. Without prejudice to the generality of paragraph 1.1 above, Bidco acknowledges that John Laing has made employment offers to a small number of individuals (the New Joiners) who are due to be made awards under the John Laing Share Plans upon commencing employment with John Laing. Bidco acknowledges that it is John Laing’s intention to grant the New Joiners’ awards as planned in the event that their employment commences prior to the Effective Date and to treat them in line with other John Laing Share Plan participants. In the event that the New Joiners’ employment commences after the Effective Date, Bidco agrees to procure that the New Joiners are granted cash awards of equivalent value immediately upon commencing employment with John Laing.
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Related to Awards to New Joiners‌

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  • System for Award Management (XXX) XXX.gov)

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