Common use of Labor Law Policy and Acknowledgement Clause in Contracts

Labor Law Policy and Acknowledgement. This provision supplements paragraph 12 of the Award Agreement (Nature of Award): By accepting the Restricted Stock Units, Participant agrees that (i) he or she is making an investment decision, (ii) the Stock will be issued to Participant only if the vesting conditions are met and any necessary services are rendered by Participant over the vesting period and (iii) the value of the underlying Stock is not fixed and may increase or decrease in value over the vesting period without compensation to Participant.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.), Restricted Stock Unit Agreement (Prologis, L.P.)

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Labor Law Policy and Acknowledgement. This provision supplements paragraph 12 Section 7 of the Award Agreement (Nature of Award): Agreement: By accepting the Restricted Stock Units, the Participant agrees that (i) he or she is (i) making an investment decision, ; (ii) the Stock Shares will be issued to the Participant only if the vesting conditions are met and any necessary services are rendered by Participant over the vesting period and (iii) the value of the underlying Stock Shares is not fixed and may increase or decrease in value over the vesting period without compensation to the Participant.

Appears in 2 contracts

Samples: 2011 Stock Incentive Plan Restricted Stock Unit Award Agreement (Morningstar, Inc.), Restricted Stock Unit Award Agreement (Morningstar, Inc.)

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Labor Law Policy and Acknowledgement. This provision supplements paragraph 12 Section 7 of the Award Agreement (Nature of Award): Agreement: 12 By accepting the Restricted Stock Units, the Participant agrees that (i) he or she is (i) making an investment decision, ; (ii) the Stock Shares will be issued to the Participant only if the vesting conditions are met and any necessary services are rendered by Participant over the vesting period and (iii) the value of the underlying Stock Shares is not fixed and may increase or decrease in value over the vesting period without compensation to the Participant.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Morningstar, Inc.)

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