Common use of Conditions of Grant Clause in Contracts

Conditions of Grant. (a) By accepting the grant, you are agreeing not to engage in any Violation described in paragraph 7(b). You understand and agree that your agreement not to engage in any Violation is a material part of the inducement for CIGNA’s granting you the Units and an essential pre-condition to your eligibility to exercise any rights associated with the grant and retain any benefit from the vesting of the Units and issuance of the Shares. (b) You will engage in a “Violation” if, directly or indirectly, you engage in any misconduct described in subparagraph (1) below or you break any of the “Promises” in paragraphs 7(b)(2) through (6) below:

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Cigna Corp)

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Conditions of Grant. (a) By accepting the grant, you are agreeing not to engage in any Violation described in paragraph 7(b). You understand and agree that your agreement not to engage in any Violation is a material part of the inducement for CIGNA’s granting you the Units Option and an essential pre-condition to your eligibility to exercise any rights associated with the grant Option and retain any benefit from exercising the vesting of the Units and issuance of the SharesOption. (b) You will engage in a “Violation” if, directly or indirectly, you engage in any misconduct described in subparagraph (1paragraph 7(b)(1) below or you break any of the “Promises” in paragraphs 7(b)(2) through (6) below:

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp)

Conditions of Grant. (a) By accepting the grant, you are agreeing not to engage in any Violation described in paragraph 7(b). You understand and agree that your agreement not to engage in any Violation is a material part of the inducement for CIGNACigna’s granting you the Units Shares and an essential pre-condition to your eligibility to exercise any rights associated with the grant Shares and retain any benefit from the vesting of the Units and issuance of the Shares. (b) You will engage in a “Violation” if, directly or indirectly, you engage in any misconduct described in subparagraph (1) below or you break any of the “Promises” in paragraphs 7(b)(2) through (6) below:

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Cigna Corp)

Conditions of Grant. (a) By accepting the grant, you are agreeing not to engage in any Violation described in paragraph 7(b). You understand and agree that your agreement not to engage in any Violation is a material part of the inducement for CIGNA’s granting you the Units Shares and an essential pre-condition to your eligibility to exercise any rights associated with the grant Shares and retain any benefit from the vesting of the Units and issuance of the Shares. (b) You will engage in a “Violation” if, directly or indirectly, you engage in any misconduct described in subparagraph (1) below or you break any of the “Promises” in paragraphs 7(b)(2) through (6) below:

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Cigna Corp)

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Conditions of Grant. (a) By accepting the grant, you are agreeing not to engage in any Violation described in paragraph 7(b). You understand and agree that your agreement not to engage in any Violation is a material part of the inducement for CIGNACigna’s granting you the Units Option and an essential pre-condition to your eligibility to exercise any rights associated with the grant Option and retain any benefit from exercising the vesting of the Units and issuance of the SharesOption. (b) You will engage in a “Violation” if, directly or indirectly, you engage in any misconduct described in subparagraph (1paragraph 7(b)(1) below or you break any of the “Promises” in paragraphs 7(b)(2) through (6) below:

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Cigna Corp)

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