Common use of Nature of the Program Clause in Contracts

Nature of the Program. The Company specifically intends that the Program will not be treated as an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance (“ORSO”). To the extent any court, tribunal or legal/regulatory body in Hong Kong determines that the Program constitutes an occupational retirement scheme for the purposes of ORSO, the grant of the Units shall be null and void.

Appears in 24 contracts

Samples: Performance Restricted Stock Unit Agreement (Abbott Laboratories), Performance Restricted Stock Unit Agreement (Abbott Laboratories), Performance Restricted Stock Unit Agreement (Abbott Laboratories)

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Nature of the Program. The Company specifically intends that the Program Plan will not be treated as an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance (“ORSO”). To the extent any court, tribunal or legal/regulatory body in Hong Kong determines that the Program Plan constitutes an occupational retirement scheme for the purposes of ORSO, the grant of the Units shall be null and void. No country-specific provisions. No country-specific provisions.

Appears in 4 contracts

Samples: Global Deferred Stock Unit Award Agreement (Boston Scientific Corp), Global Deferred Stock Unit Award Agreement (Boston Scientific Corp), Global Deferred Stock Unit Award Agreement (Boston Scientific Corp)

Nature of the Program. The Company specifically intends that the Program Plan will not be treated as an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance (“ORSO”). To the extent any court, tribunal or legal/regulatory body in Hong Kong determines that the Program Plan constitutes an occupational retirement scheme for the purposes of ORSO, the grant of the Units shall be null and void.. No country-specific provisions. No country-specific provisions. -Rev 1.2019

Appears in 1 contract

Samples: Global Deferred Stock Unit Award Agreement (Boston Scientific Corp)

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Nature of the Program. The Company specifically intends that the Program Plan will not be treated as an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance (“ORSO”). To the extent any court, tribunal or legal/regulatory body in Hong Kong determines that the Program Plan constitutes an occupational retirement scheme for the purposes of ORSO, the grant of the Units shall be null and void. No country-specific provisions. -Rev 1.2019 AQ No country-specific provisions. No country-specific provisions.

Appears in 1 contract

Samples: Global Deferred Stock Unit Award Agreement (Boston Scientific Corp)

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