Common use of Blackout Periods Clause in Contracts

Blackout Periods. The Grantee acknowledges that, from time to time as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which this Award may not be exercised. The Company may establish a blackout period for any reason or for no reason.

Appears in 8 contracts

Samples: Award Agreement – Stock Settled Stock Appreciation Rights (Wyndham Worldwide Corp), Award Agreement — Stock Settled Stock Appreciation Rights (Wyndham Worldwide Corp), Award Agreement (Wyndham Worldwide Corp)

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Blackout Periods. The Grantee acknowledges that, from time to time time, as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which this Option Award may not be exercised. The Company may establish a blackout period for any reason or for no reason.

Appears in 4 contracts

Samples: Non Qualified Stock Options Agreement (Travel & Leisure Co.), Non Qualified Stock Options Agreement (Wyndham Destinations, Inc.), Non Qualified Stock Options Agreement (Wyndham Destinations, Inc.)

Blackout Periods. The Grantee acknowledges that, from time to time time, as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which any shares received upon vesting of this Award may not be exercisedsold or transferred. The Company may establish a blackout period for any reason or for no reason.

Appears in 2 contracts

Samples: Award Agreement – Performance Stock Units (Travel & Leisure Co.), Award Agreement – Restricted Stock Units (Travel & Leisure Co.)

Blackout Periods. The Grantee acknowledges that, from time to time time, as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which this RSU Award may not be exercised. The Company may establish a blackout period for any reason or for no reason.

Appears in 1 contract

Samples: Award Agreement – Restricted Stock Units (Wyndham Destinations, Inc.)

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Blackout Periods. The Grantee acknowledges that, from time to time time, as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which this Award may not be exercised. The Company may establish a blackout period for any reason or for no reason.

Appears in 1 contract

Samples: Performance Stock Units Award Agreement (Wyndham Destinations, Inc.)

Blackout Periods. The Grantee acknowledges that, from time to time time, as determined by the Company in its sole discretion, the Company may establish “blackout periods” during which this SSAR Award may not be exercised. The Company may establish a blackout period for any reason or for no reason.

Appears in 1 contract

Samples: Stock Settled Stock Appreciation Rights Award Agreement (Wyndham Hotels & Resorts, Inc.)

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