Common use of Holding Requirements Clause in Contracts

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-month period for the CEO, and a three-month period for all other officers, following termination.

Appears in 7 contracts

Sources: Rsu Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, CEO and a three-three month period for all other officers, following termination.

Appears in 6 contracts

Sources: Omnibus Agreement, Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs PSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-month period for the CEO, and a three-month period for all other officers, following termination.

Appears in 5 contracts

Sources: Performance Stock Unit Award Agreement (Xerox Corp), Performance Stock Unit Award Agreement (Xerox Corp), Performance Stock Unit Award Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the PSs and the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 6 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, and a three-three month period for all other officers, following termination.

Appears in 3 contracts

Sources: Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs PSs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, and a three-three month period for all other officers, following termination.

Appears in 3 contracts

Sources: Omnibus Agreement, Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the PSUs and the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 6 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, and a three-three month period for all other officers, following termination.

Appears in 2 contracts

Sources: Omnibus Agreement (Xerox Corp), Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employeedeath, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-month period for the CEO, and a three-month period for all other officers, following termination.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Xerox Corp), Restricted Stock Unit Award Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for up to a six-month one year period for the CEO, and a three-month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) PSs until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for up to a six-month one year period for the CEO, and a three-month period for all other officers, following termination.

Appears in 1 contract

Sources: Performance Incentive Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the Chief Executive Officer of the Company (the “CEO, ”) and a three-three month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for up to a six-month one year period for the CEO, and a three-month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employeedeath, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six- month period for the CEO, and a three-month period for all other officers, following termination.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the PSs and the RSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 6 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the Chief Executive Officer of the Company (the “CEO”), and a three-three month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs PSUs (net of withholding tax and any applicable fees) until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, and a three-three month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)

Holding Requirements. The Employee must retain fifty percent (50%) of the net shares of Common Stock acquired in connection with the RSUs (net of withholding tax and any applicable fees) PSs until ownership guidelines are met under Paragraph 4 hereof, subject to any ownership and holding requirements policies established by the Committee from time to time. Such shares shall be held in the Employee’s ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ account or in another account acceptable to the Company. In addition, shares used to maintain the Employee’s ownership level pursuant to this award should be held with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or in another account acceptable to the Company. If employment terminates due to the death of the Employee, such holding requirements shall cease at the date of death. If the Employee is a Corporate officer of the Company and terminates for any other reason, the holding requirement will be applicable for a six-six month period for the CEO, and a three-three month period for all other officers, following termination.

Appears in 1 contract

Sources: Omnibus Agreement (Xerox Corp)