Common use of Director Notification Clause in Contracts

Director Notification. If the Participant is a director, shadow director1 or secretary of an Irish subsidiary of the Company, the Participant is subject to certain notification requirements under Section 53 of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish affiliate in writing within five (5) business days when the Participant receives an interest (e.g., RSUs, Shares) in the Company and the number and class of shares or rights to which the interest relates. In addition, the Participant must notify the Irish subsidiary within five (5) business days when the Participant sells Shares acquired under the Plan. This notification requirement also applies to any rights or Shares acquired by the Participant’s spouse or children (under the age of 18). ISRAEL

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

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Director Notification. If the Participant is a director, shadow director1 or secretary of an Irish subsidiary of the Company, the Participant is subject to certain notification requirements under Section 53 of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish affiliate in writing within five (5) business days when the Participant receives an interest (e.g., RSUs, Shares) in the Company and the number and class of shares or rights to which the interest relates. In addition, the Participant must notify the Irish subsidiary within five (5) business days when the Participant sells Shares acquired under the Plan. This notification requirement also applies to any rights or Shares acquired by the Participant’s 's spouse or children (under the age of 18). ISRAEL

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

Director Notification. If the Participant is a director, shadow director1 or secretary of an Irish subsidiary of the Company, the Participant is subject to certain notification requirements under Section 53 of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish affiliate in writing within five (5) business days when the Participant receives an interest (e.g., Performance RSUs, Shares) in the Company and the number and class of shares or rights to which the interest relates. In addition, the Participant must notify the Irish subsidiary within five (5) business days when the Participant sells Shares acquired under the Plan. This notification requirement also applies to any rights or Shares acquired by the Participant’s 's spouse or children (under the age of 18). ISRAEL.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Analog Devices Inc)

Director Notification. If the Participant is a director, shadow director1 director or secretary of an Irish subsidiary Subsidiary of the Company, then the Participant is subject to certain notification requirements under Section 53 of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish affiliate Subsidiary in writing within five (5) business days when the Participant receives an interest (e.g., RSUsOptions, Shares) in the Company and the number and class of shares or rights to which the interest relates. In addition, the Participant must notify the Irish subsidiary Subsidiary within five (5) business days when the Participant sells Shares acquired under the PlanProgram. This notification requirement also applies to any rights or Shares acquired by the Participant’s spouse or children (under the age of 18). ISRAELITALY

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Edwards Lifesciences Corp)

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Director Notification. If the Participant is a director, shadow director1 director or secretary of an Irish subsidiary of the Company, the Participant is subject to certain notification requirements under Section 53 of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish affiliate in writing within five (5) business days when the Participant receives an interest (e.g., RSUs, Shares) in the Company and the number and class of shares or rights to which the interest relates. In addition, the Participant must notify the Irish subsidiary within five (5) business days when the Participant sells Shares acquired under the Plan. This notification requirement also applies to any rights or Shares acquired by the Participant’s spouse or children (under the age of 18). VERSION 2/15 APPENDIX A TO AMENDED AND RESTATED 2006 STOCK INCENTIVE PLAN GLOBAL RESTRICTED STOCK UNIT AGREEMENT ISRAEL

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

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