Common use of Dover Performance Shares Held by Apergy Employees Clause in Contracts

Dover Performance Shares Held by Apergy Employees. Immediately prior to the Effective Time: (i) each ongoing performance period related to an outstanding Dover Performance Share held by an Apergy Employee shall be terminated and (ii) each such outstanding Dover Performance Share held by an Apergy Employee that relates to a performance period ending after the Effective Time shall be cancelled.

Appears in 5 contracts

Samples: Employee Matters Agreement (DOVER Corp), Employee Matters Agreement (Apergy Corp), Employee Matters Agreement

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