Common use of CONDITION PRECEDENT TO GRANT Clause in Contracts

CONDITION PRECEDENT TO GRANT. In the event that the award of the Grant shall be subject to, or shall require, any prior exchange listing, shareholder approval or other condition or act, pursuant to the applicable laws, regulations or policies of any stock exchange, federal or local government or its agencies or representatives, then the Grant hereunder shall not be deemed awarded until the fulfillment of such condition.

Appears in 21 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Actavis PLC), Employee Stock Unit Agreement (Actavis PLC)

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CONDITION PRECEDENT TO GRANT. In the event that the award of the Grant shall be subject to, or shall require, any prior exchange listing, shareholder approval or other condition or act, pursuant to the applicable laws, regulations or policies of any stock exchange, federal federal, provincial or local government or its agencies or representatives, then the Grant hereunder shall not be deemed awarded until the fulfillment of such condition.

Appears in 2 contracts

Samples: Employee Stock Unit Agreement (Forest Laboratories Inc), Employee Stock Unit Agreement (Forest Laboratories Inc)

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