Common use of Consent of Spouse/Domestic Partner Clause in Contracts

Consent of Spouse/Domestic Partner. If the Participant has a spouse or domestic partner as of the date of this Agreement, the Participant’s spouse or domestic partner shall execute a Consent of Spouse/Domestic Partner in the form of Exhibit B hereto, effective as of the date hereof. Such consent shall not be deemed to confer or convey to the spouse or domestic partner any rights in the Granted Shares that do not otherwise exist by operation of law or the agreement of the parties. If the Participant subsequent to the date hereof, marries, remarries or establishes a domestic partner relationship, the Participant shall, not later than 60 days thereafter, obtain his or her new spouse/domestic partner’s acknowledgement of and consent to the existence and binding effect of all restrictions contained in this Agreement by having such spouse/domestic partner execute and deliver a Consent of Spouse/Domestic Partner in the form of Exhibit B.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Ironwood Pharmaceuticals Inc), Restricted Stock Agreement (Cyclerion Therapeutics, Inc.), Restricted Stock Agreement (Cyclerion Therapeutics, Inc.)

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Consent of Spouse/Domestic Partner. If the Participant Executive has a spouse or a domestic partner as of the date of this Agreement, the ParticipantExecutive’s spouse or domestic partner shall execute a Consent of Spouse/Domestic Partner in the form of Exhibit B C hereto, effective as of the date hereof. Such consent shall not be deemed to confer or convey to the spouse or domestic partner any rights in the Granted Shares that do not otherwise exist by operation of law or the agreement of the parties. If the Participant Executive subsequent to the date hereof, marries, remarries or establishes a applies to the Company for domestic partner relationshipbenefits, the Participant Executive shall, not later than 60 days thereafter, obtain his or her new spouse/domestic partner’s acknowledgement of and consent to the existence and binding effect of all restrictions contained in this Agreement by having such spouse/domestic partner execute and deliver a Consent of Spouse/Domestic Partner in the form of Exhibit B.C.

Appears in 1 contract

Samples: Restricted Stock Agreement (Nexx Systems Inc)

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