Common use of IMS Health Employees Clause in Contracts

IMS Health Employees. As of the Effective Time, Corporation Restricted Stock and IMS Health Restricted Stock credited to IMS Health Employees and IMS Health Transitional Employees shall be forfeited and such individuals shall receive replacement IMS Health Restricted Stock equal to (i) the number of shares of forfeited IMS Health Restricted Stock plus (ii) the number of shares of forfeited Corporation Restricted Stock multiplied by the IMS Health Ratio and the reciprocal of the Corporation Ratio, such replacement shares of IMS Health Restricted Stock to have the same terms as the Corporation Restricted Stock from which they arose.

Appears in 4 contracts

Samples: Employee Benefits Agreement (Ims Health Inc), Employee Benefits Agreement (Ims Health Inc), Employee Benefits Agreement (Cognizant Corp)

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IMS Health Employees. As of the Effective Time, Corporation Restricted Stock and IMS Health Restricted Stock credited to IMS Health Employees and IMS Health Transitional Employees shall be forfeited and such individuals shall receive replacement IMS Health Restricted Stock equal to (i) the number of shares of forfeited IMS Health Restricted Stock plus (ii) the number of shares of forfeited Corporation Restricted Stock multiplied by the IMS Health Ratio and the reciprocal of the Corporation Ratio, such replacement shares of IMS Health Restricted Stock to have the same terms as the Corporation Restricted Stock from which they arose.

Appears in 1 contract

Samples: Employee Benefits Agreement (Ims Health Inc)

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