Common use of Long-Term Compensation Clause in Contracts

Long-Term Compensation. Except as expressly provided in Section 7 below, in the event of the Executive’s Separation from Service for any reason, all outstanding awards granted under any LTIP shall continue to be governed by the terms set forth in such LTIP.

Appears in 12 contracts

Samples: Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)

AutoNDA by SimpleDocs

Long-Term Compensation. Except as expressly provided in Section 7 below, in the event of the Executive’s 's Separation from Service for any reason, all outstanding awards granted under any LTIP shall continue to be governed by the terms set forth in such LTIP.

Appears in 3 contracts

Samples: Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!