EU Age Discrimination Rules. If the Participant is a local national of and employed in the United Kingdom or a country that is a member of the European Union, the grant of the PSUs and the terms and conditions governing the PSUs are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the "Age Discrimination Rules"). To the extent that a court or tribunal of competent jurisdiction determines that any provision of this Award Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local Laws.
Appears in 3 contracts
Samples: Performance Stock Unit Award Agreement (W.W. Grainger, Inc.), Performance Stock Unit Award Agreement (W.W. Grainger, Inc.), Performance Stock Unit Award Agreement (W.W. Grainger, Inc.)
EU Age Discrimination Rules. If the Participant is a local national of and employed in the United Kingdom or a country that is a member of the European Union, the grant of the PSUs RSUs and the terms and conditions governing the PSUs RSUs are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the "Age Discrimination Rules"). To the extent that a court or tribunal of competent jurisdiction determines that any provision of this Award Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local Laws.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (W.W. Grainger, Inc.), Restricted Stock Unit Award Agreement (W.W. Grainger, Inc.), Restricted Stock Unit Award Agreement (W.W. Grainger, Inc.)
EU Age Discrimination Rules. If the Participant Executive is a local national of and employed in the United Kingdom or a country that is a member of the European Union, the grant of the PSUs RSUs and the terms and conditions governing the PSUs RSUs are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the "Age Discrimination Rules"). To the extent that a court or tribunal of competent jurisdiction determines that any provision of this Award Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local Laws.
Appears in 3 contracts
Samples: Cfo Transition – Restricted Stock Unit Agreement (W.W. Grainger, Inc.), Restricted Stock Unit Agreement (W.W. Grainger, Inc.), Restricted Stock Unit Agreement (Grainger W W Inc)
EU Age Discrimination Rules. If the Participant Executive is a local national of and employed in the United Kingdom or a country that is a member of the European Union, the grant of the PSUs and the terms and conditions governing the PSUs are intended to comply with the age discrimination provisions of the EU Equal Treatment Framework Directive, as implemented into local law (the "“Age Discrimination Rules"”). To the extent that a court or tribunal of competent jurisdiction determines that any provision of this Award Agreement is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Company, in its sole discretion, shall have the power and authority to revise or strike such provision to the minimum extent necessary to make it valid and enforceable to the full extent permitted under local Laws.
Appears in 2 contracts
Samples: Performance Stock Unit Agreement (W.W. Grainger, Inc.), Performance Stock Unit Agreement (W.W. Grainger, Inc.)