Continuing Application of Plan Terms Sample Clauses
The "Continuing Application of Plan Terms" clause ensures that the terms and conditions of a plan remain in effect even after certain events, such as an employee's termination or a change in employment status. In practice, this means that specific rights, obligations, or restrictions—such as confidentiality, non-compete, or vesting provisions—continue to apply to individuals as outlined in the plan, regardless of their current relationship with the company. This clause is essential for maintaining the enforceability of key plan provisions beyond the period of active participation, thereby protecting the interests of the company and ensuring ongoing compliance.
Continuing Application of Plan Terms. References in the Plan to shares of Stock shall be construed to include any stock or securities resulting from an adjustment pursuant to Section 5.b.(1) or 5.b.(2) above.
Continuing Application of Plan Terms. References in the ESO Plan 2018 to Ordinary Shares will be construed to include any shares or securities resulting from an adjustment pursuant to this Section 4.14.
Continuing Application of Plan Terms. References in the ▇▇▇ Share Plan to Ordinary Shares will be construed to include any shares or securities resulting from an adjustment pursuant to this Section 4.17.
Continuing Application of Plan Terms. References in the Equity Incentive Plan to Ordinary Shares will be construed to include any shares or securities resulting from an adjustment pursuant to this Section 4.17.
Continuing Application of Plan Terms. References in the RSU Plan to Ordinary Shares will be construed to include any shares or securities resulting from an adjustment pursuant to this Section 4.10.
Continuing Application of Plan Terms. References in the RSU Plan to Ordinary Shares will be construed to include any shares or securities resulting from an adjustment pursuant to this Section 4.10.