Common use of Employment Agreement, Offer Letter or Other Arrangement Clause in Contracts

Employment Agreement, Offer Letter or Other Arrangement. To the extent a written employment Agreement, offer letter or other arrangement (“Employment Arrangement”) that was approved by the Human Resources and Compensation Committee or the Board of Directors or that was approved in writing by an officer of the Company pursuant to delegated authority of the Human Resources and Compensation Committee provides for greater benefits to Awardee with respect to (i) vesting of the Option on Termination of Employment by reason of specified events or (ii) exercisability of the Option following Termination of Employment, than provided in this Agreement or in the Plan, then the terms of such Employment Arrangement with respect to vesting of the Option on Termination of Employment by reason of such specified events or exercisability of the Option following Termination of Employment shall supersede the terms hereof to the extent permitted by the terms of the Plan. CAREFUSION CORPORATION By: Xxxxxx X. Xxxxxxxx Its: Chairman and Chief Executive Officer

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (CAREFUSION Corp), Nonqualified Stock Option Agreement (CAREFUSION Corp)

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Employment Agreement, Offer Letter or Other Arrangement. To the extent a written employment Agreement, offer letter or other arrangement (“Employment Arrangement”) that was approved by the Human Resources and Compensation Committee or the Board of Directors or that was approved in writing by an officer of the Company pursuant to delegated authority of the Human Resources and Compensation Committee provides for greater benefits to Awardee with respect to (i) vesting of the Option on Termination of Employment by reason of specified events or (ii) exercisability of the Option following Termination of Employment, than provided in this Agreement or in the Plan, then the terms of such Employment Arrangement with respect to vesting of the Option on Termination of Employment by reason of such specified events or exercisability of the Option following Termination of Employment shall supersede the terms hereof to the extent permitted by the terms of the Plan. CAREFUSION CORPORATION By: Xxxxxx X. Xxxxxxxx Its: Chairman and Chief Executive Officer:

Appears in 2 contracts

Samples: Employment Agreement (CareFusion Corp), Nonqualified Stock Option Agreement (CareFusion Corp)

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Employment Agreement, Offer Letter or Other Arrangement. To the extent a written employment Agreementagreement, offer letter or other arrangement (“Employment Arrangement”) that was approved by the Human Resources and Compensation Committee or the Board of Directors or that was approved in writing by an officer of the Company pursuant to delegated authority of the Human Resources and Compensation Committee provides for greater benefits to Awardee with respect to (i) vesting of the Option on Termination of Employment by reason of specified events or (ii) exercisability of the Option following Termination of Employment, than provided in this Agreement or in the Plan, then the terms of such Employment Arrangement with respect to vesting of the Option on Termination of Employment by reason of such specified events or exercisability of the Option following Termination of Employment shall supersede the terms hereof to the extent permitted by the terms of the Plan. CAREFUSION CORPORATION CARDINAL HEALTH, INC. By: Xxxxxx X. Xxxxxxxx Its: Chairman and Chief Executive Officer/s/ R. Xxxxx Xxxxx

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cardinal Health Inc)

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