Common use of Change in Status Clause in Contracts

Change in Status. If your role within the Company changes during the Performance Cycle such that you would no longer be eligible to receive Growth Plan Units, this Agreement shall remain in full force and effect as if no such change had occurred.

Appears in 9 contracts

Samples: Growth Plan Agreement (Honeywell International Inc), Growth Plan Agreement (Honeywell International Inc), Growth Plan Agreement (Honeywell International Inc)

AutoNDA by SimpleDocs

Change in Status. If your role within the Company changes during the Performance Cycle such that you would no longer be eligible to receive Growth Plan Performance Units, this Agreement shall remain in full force and effect as if no such change had occurred.

Appears in 4 contracts

Samples: Performance Unit Agreement, Performance Unit Agreement (Resideo Technologies, Inc.), Performance Unit Agreement (Resideo Technologies, Inc.)

Change in Status. If your role within the Company changes during the Performance Cycle such that you would no longer be eligible to receive Growth Plan the Restricted Units, this Agreement shall remain in full force and effect as if no such change had occurred.

Appears in 1 contract

Samples: Restricted Unit Agreement (Honeywell International Inc)

AutoNDA by SimpleDocs

Change in Status. If your role within the Company changes during the Performance Cycle such that you would no longer be eligible to receive Growth Plan Unitsthe Performance Shares, this Agreement shall remain in full force and effect as if no such change had occurred.

Appears in 1 contract

Samples: Performance Share Agreement (Honeywell International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!