Common use of Long-Term Cash Awards Clause in Contracts

Long-Term Cash Awards. Effective as of the Operational Separation Date, (i) HP shall be solely responsible for paying, when due, all long-term restricted cash awards held by HPI Employees as of the Operational Separation Date and (ii) Enterprise shall be solely responsible for paying, when due, all long-term restricted cash awards held by Enterprise Employees as of the Operational Separation Date.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Hp Inc), Employee Matters Agreement (Hewlett Packard Enterprise Co)

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