Certain Terminations of Employment. (a) In the event of the termination of your Employment (determined as described in Section 1.2.19 of the Plan) for any reason, all terms and conditions of this Award Agreement shall continue to apply. (b) Unless otherwise determined by the Committee in its discretion, Paragraph 4(b) will not apply following termination of Employment that is characterized by the Firm as “involuntary” or by “mutual agreement” other than for Cause and if you execute such a general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee. No termination of Employment initiated by you, including any termination claimed to be a “constructive termination” or the like or a termination for good reason, will constitute an “involuntary” termination of Employment or a termination of Employment by “mutual agreement.”
Appears in 3 contracts
Samples: Stock Incentive Plan Agreement (Goldman Sachs Group Inc), Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc), Stock Incentive Award Agreement (Goldman Sachs Group Inc)
Certain Terminations of Employment. (a) In the event of the termination of your Employment for any reason (determined as described in Section 1.2.19 of the Plan) for any reason), all terms and conditions of this Award Agreement shall continue to applyapply (including any applicable Transfer Restrictions).
(b) Unless otherwise determined by the Committee in its discretion, Paragraph 4(b) will not apply following termination of Employment that is characterized by the Firm as “involuntary” or by “mutual agreement” other than for Cause and if you execute such a general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee. No termination of Employment initiated by you, including any termination claimed to be a “constructive termination” or the like or a termination for good reason, will constitute an “involuntary” termination of Employment or a termination of Employment by “mutual agreement.”
Appears in 3 contracts
Samples: Year End Restricted Stock Award (Goldman Sachs Group Inc), Stock Incentive Award Agreement (Goldman Sachs Group Inc), Year End Restricted Stock Award (Goldman Sachs Group Inc)
Certain Terminations of Employment. (a) In the event of the termination of your Employment (determined as described in Section 1.2.19 1.2.20 of the Plan) for any reason, all terms and conditions of this Award Agreement shall continue to apply.
(b) Unless otherwise determined by the Committee in its discretion, Paragraph 4(b) will not apply following termination of Employment that is characterized by the Firm as “involuntary” or by “mutual agreement” other than for Cause and if you execute such a general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee. No termination of Employment initiated by you, including any termination claimed to be a “constructive termination” or the like or a termination for good reason, will constitute an “involuntary” termination of Employment or a termination of Employment by “mutual agreement.”
Appears in 3 contracts
Samples: Stock Incentive Award Agreement (Goldman Sachs Group Inc), Stock Incentive Award Agreement (Goldman Sachs Group Inc), Year End Rsu Award Agreement (Goldman Sachs Group Inc)
Certain Terminations of Employment. (a) In the event of the termination of your Employment for any reason (determined as described in Section 1.2.19 1.2.20 of the Plan) for any reason), all terms and conditions of this Award Agreement shall continue to applyapply (including any applicable Transfer Restrictions).
(b) Unless otherwise determined by the Committee in its discretion, Paragraph 4(b) will not apply following termination of Employment that is characterized by the Firm as “involuntary” or by “mutual agreement” other than for Cause and if you execute such a general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee. No termination of Employment initiated by you, including any termination claimed to be a “constructive termination” or the like or a termination for good reason, will constitute an “involuntary” termination of Employment or a termination of Employment by “mutual agreement.”
Appears in 1 contract
Samples: Year End Restricted Stock Award (Goldman Sachs Group Inc)
Certain Terminations of Employment. (a) In the event of the termination of your Employment for any reason (determined as described in Section 1.2.19 of the Plan) for any reason), all terms and conditions of this Award Agreement shall continue to apply.
(b) Unless otherwise determined by the Committee in its discretion, Paragraph 4(b) will not apply following termination of Employment that is characterized by the Firm as “involuntary” or by “mutual agreement” other than for Cause and if you execute such a general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee. No termination of Employment initiated by you, including any termination claimed to be a “constructive termination” or the like or a termination for good reason, will constitute an “involuntary” termination of Employment or a termination of Employment by “mutual agreement.”
Appears in 1 contract
Samples: Stock Incentive Plan Award Agreement (Goldman Sachs Group Inc)