Inimical Conduct. If the Committee determines at any time that a Participant has engaged in Inimical Conduct, whether before or after termination of employment, the Award shall be cancelled, regardless of vesting; and any pending exercises shall be cancelled on that date. In addition, the Committee or the Company may suspend any exercise of the Option or SAR pending the determination of whether the Participant has engaged in Inimical Conduct.
Appears in 6 contracts
Samples: Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Restricted Share or Restricted Share Unit Award Agreement (Johnson Controls International PLC)
Inimical Conduct. If Notwithstanding anything herein to the contrary, if the Committee determines at any time that a Participant has engaged in Inimical Conduct, whether before or after termination Termination of employmentEmployment, the Award shall be cancelled, regardless of vesting; and any pending exercises shall be cancelled on that date. In addition, the Committee or the Company may suspend any exercise of the Option or SAR pending the determination of whether the Participant has engaged in Inimical Conduct.
Appears in 4 contracts
Samples: Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC)
Inimical Conduct. If Notwithstanding anything herein to the contrary, if the Committee determines at any time that a Participant has engaged in Inimical Conduct, whether before or after termination Termination of employmentEmployment, the Award shall be cancelled, regardless of vesting; and any pending exercises shall be cancelled on that date. In addition, the Committee or the Company may suspend any exercise vesting, payment of the Option cash or SAR issuance of Shares hereunder pending the determination of whether the Participant has engaged in Inimical Conduct.
Appears in 4 contracts
Samples: Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC), Performance Share Unit Award Agreement (Johnson Controls International PLC)
Inimical Conduct. If the Committee determines at any time that a Participant has engaged in Inimical Conduct, whether before or after termination of employment, the Award shall be cancelled, regardless of vesting; and any pending exercises shall be cancelled on that date. In addition, the Committee or the Company may suspend any exercise of the Option or SAR pending the determination of whether the Participant has engaged in Inimical Conduct.. Terms for SAR- Stock Options - 2012 Plan
Appears in 1 contract
Samples: Option or Share Appreciation Right Award Agreement (Johnson Controls International PLC)
