Common use of Director Notification Requirement Clause in Contracts

Director Notification Requirement. If the Recipient is a director, shadow director or secretary of an Irish Affiliate, the Recipient is required to notify such Irish Affiliate in writing within five business days of (i) receiving or disposing of an interest in the Company (e.g., the Awards, Shares, etc.), (ii) becoming aware of the event giving rise to the notification requirement, or (iii) becoming a director, shadow director or secretary of an Irish Affiliate if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).

Appears in 14 contracts

Samples: Performance Share Agreement (Coca Cola Co), Restricted Stock Unit Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co)

AutoNDA by SimpleDocs

Director Notification Requirement. If the Recipient Participant is a director, shadow director or secretary of an Irish Affiliatesubsidiary or affiliate, the Recipient is required to Participant must notify such the Irish Affiliate subsidiary or affiliate in writing within five business days of if (i1) receiving the Participant receives or disposing disposes of an interest in exceeding 1% of the Company (e.g., the AwardsLTI Award Payout, Sharesshares of Common Stock, etc.), (ii2) becoming the Participant becomes aware of the an event giving rise to the a notification requirement, or (iii3) becoming the Participant becomes a director, shadow director or secretary of an Irish Affiliate if such an interest exists at the that time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).

Appears in 7 contracts

Samples: Global Long Term Incentive Grant Agreement (Mondelez International, Inc.), Global Long Term Incentive Grant Agreement (Mondelez International, Inc.), Global Long Term Incentive Grant Agreement (Mondelez International, Inc.)

Director Notification Requirement. If the Recipient optionee is a director, shadow director or secretary of an Irish Affiliate, the Recipient optionee is required to notify such Irish Affiliate in writing within five business days of (i) receiving or disposing of an interest in the Company KO (e.g., the AwardsOptions, Sharesshares of KO Stock, etc.), (ii) becoming aware of the event giving rise to the notification requirement, or (iii) becoming a director, shadow director or secretary of an Irish Affiliate if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).

Appears in 6 contracts

Samples: Stock Option Agreement (Coca Cola Co), Stock Option Agreement (Coca Cola Co), Stock Option Agreement (Coca Cola Co)

Director Notification Requirement. If the Recipient Participant is a director, shadow director or secretary of an Irish Affiliate, the Recipient Participant is required to notify such Irish Affiliate in writing within five business days of (i) receiving or disposing of an interest in the Company (e.g., the AwardsAward, Sharesshares of Stock, etc.), (ii) becoming aware of the event giving rise to the notification requirement, or (iii) becoming a director, shadow director or secretary of an Irish Affiliate if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Lululemon Athletica Inc.), Restricted Stock Units Agreement (Lululemon Athletica Inc.)

AutoNDA by SimpleDocs

Director Notification Requirement. 11 If the Recipient is a director, shadow director or secretary of an Irish Affiliate, the Recipient is required to notify such Irish Affiliate in writing within five business days of (i) receiving or disposing of an interest in the Company (e.g., the Awards, Shares, etc.), (ii) becoming aware of the event giving rise to the notification requirement, or (iii) becoming a director, shadow director or secretary of an Irish Affiliate if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Coca Cola Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!