Discretionary Nature and Acceptance of Award. By accepting this Award, you agree to be bound by the terms of this Agreement and acknowledge that: a. The Company is granting your Option, and this Agreement is not derived from any preexisting labor relationship between you and the Company, but rather from a mercantile relationship. b. The Company may administer the Plan from outside your country of residence and United States law will govern all Options granted under the Plan. c. Benefits and rights provided under the Plan do not constitute regular or periodic payments.
Appears in 7 contracts
Samples: Stock Option Award Agreement (Honeywell International Inc), Stock Option Award Agreement (Honeywell International Inc), Stock Option Award Agreement (Resideo Technologies, Inc.)
Discretionary Nature and Acceptance of Award. By accepting this Award, you agree to be bound by the terms of this Agreement and acknowledge that:
a. The Company is granting your OptionRestricted Stock Units, and this Agreement is not derived from any preexisting labor relationship between you and the Company, but rather from a mercantile relationship.
b. The Company may administer the Plan from outside your country of residence and United States law will govern all Options Restricted Stock Units granted under the Plan.
c. Benefits and rights provided under the Plan do not constitute regular or periodic payments.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.), Restricted Stock Unit Agreement (Resideo Technologies, Inc.)
