Common use of Deemed Acceptance Clause in Contracts

Deemed Acceptance. The Participant shall have no rights related to this Award unless and until the Participant executes and returns this Agreement before the close of business on the Deemed Acceptance Date (shown above); provided, that, if the Participant has failed to execute and return this Agreement before the Deemed Acceptance Date, this Agreement will be deemed to have been accepted by the Participant, and the Participant will be deemed to have represented and certified that the Participant has complied with all of the terms of the Plan and this Agreement, effective as of the Deemed Acceptance Date, on the date that the Participant receives a payment in respect of a Dividend Equivalent or when the Participant requests the sale of Shares with respect to this Award.

Appears in 6 contracts

Samples: Performance Restricted Stock Unit Agreement (TPG Inc.), Restricted Stock Unit Agreement (TPG Inc.), Performance Restricted Stock Unit Agreement (TPG Inc.)

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