Common use of Conditions of Grant Clause in Contracts

Conditions of Grant. (a) By accepting the grant, you are agreeing: (1) to the Inventions provision in paragraph 7(b); (2) to notify Cigna if you accept an offer to perform services for any individual or entity while you are subject to the non-competition restriction in paragraph 7(c)(2) below. Such notice shall be provided by email to Cigna Shareholder Services (xxxxxxxxxxxxxxxxxxx@Xxxxx.xxx) within 10 days of your acceptance of the offer and shall identify the individual or entity and your anticipated start date; (3) to disclose the terms of the Promises (including, without limitation, your obligations related to non-solicitation and non-competition below) and the consequences of a Violation to any individual or entity for whom you perform services during the 12 month period immediately following your Termination of Employment; and (4) not to engage in any Violation described in paragraph 7(c) You understand and agree that the conditions of grant set forth in this paragraph 7(a) are a material part of the inducement for Cigna’s granting you the Shares and essential pre-conditions to your eligibility to exercise any rights associated with the Shares and retain any benefit from the vesting of the Shares.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (Cigna Corp), Restricted Stock Grant Agreement (Cigna Corp)

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Conditions of Grant. (a) By accepting the grant, you are agreeing: (1) to the Inventions provision in paragraph 7(b8(b); (2) to notify Cigna if you accept an offer to perform services for any individual or entity while you are subject to the non-competition restriction in paragraph 7(c)(28(c)(2) below. Such notice shall be provided by email to Cigna Shareholder Services (xxxxxxxxxxxxxxxxxxx@Xxxxx.xxx) within 10 days of your acceptance of the offer and shall identify the individual or entity and your anticipated start date; (3) to disclose the terms of the Promises (including, without limitation, your obligations related to non-solicitation and non-competition below) and the consequences of a Violation to any individual or entity for whom you perform services during the 12 month period immediately following your Termination of Employment; and (4) not to engage in any Violation described in paragraph 7(c8(c) You understand and agree that the conditions of grant set forth in this paragraph 7(a8(a) are a material part of the inducement for Cigna’s granting you the Performance Shares and essential pre-conditions to your eligibility to exercise any rights associated with the Shares grant and retain any benefit from the vesting of the Performance Shares and issuance of the Shares.

Appears in 2 contracts

Samples: Strategic Performance Share Grant Agreement (Cigna Corp), Strategic Performance Share Grant Agreement (Cigna Corp)

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Conditions of Grant. (a) By accepting the grant, you are agreeing: (1) to the Inventions provision in paragraph 7(b); (2) to notify Cigna if you accept an offer to perform services for any individual or entity while you are subject to the non-competition restriction in paragraph 7(c)(2) below. Such notice shall be provided by email to Cigna Shareholder Services (xxxxxxxxxxxxxxxxxxx@Xxxxx.xxx) within 10 days of your acceptance of the offer and shall identify the individual or entity and your anticipated start date; (3) to disclose the terms of the Promises (including, without limitation, your obligations related to non-solicitation and non-competition below) and the consequences of a Violation to any individual or entity for whom you perform services during the 12 month period immediately following your Termination of Employment; and (4) not to engage in any Violation described in paragraph 7(c) You understand and agree that the conditions of grant set forth in this paragraph 7(a) are a material part of the inducement for Cigna’s granting you the Shares Option and essential pre-conditions to your eligibility to exercise any rights associated with the Shares Option and retain any benefit from exercising the vesting of the SharesOption.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp), Nonqualified Stock Option Grant Agreement (Cigna Corp)

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