Common use of Non-executive director notice pay Clause in Contracts

Non-executive director notice pay. Viavi acknowledges that the Target intends, after the Effective Date and subject to and conditional on the Target being de-listed from the London Stock Exchange, to pay within 30 days of the Effective Date or, if later, the day following the date on which the Target is de- listed from the London Stock Exchange any non-executive director of the Target who resigns in connection with the Scheme and does not join the board of Viavi with effect from the Effective Date a payment equal to three months’ fees at the rate paid to them immediately before the Effective Date (less any legally required deductions).

Non-executive director notice pay. Viavi acknowledges that the Target intends, after the Effective Date and subject to and conditional on the Target being de-listed from the London Stock Exchange, to pay within 30 days of the Effective Date or, if later, the day following the date on which the Target is de- de-listed from the London Stock Exchange any non-executive director of the Target who resigns in connection with the Scheme and does not join the board of Viavi with effect from the Effective Date a payment equal to three months’ fees at the rate paid to them immediately before the Effective Date (less any legally required deductions).. Definitions

Non-executive director notice pay. Viavi Keysight acknowledges that the Target intends, after the Effective Date and subject to and conditional on the Target being de-listed from the London Stock Exchange, to pay within 30 days of the Effective Date or, if later, the day following the date on which the Target is de- listed from the London Stock Exchange any non-executive director of the Target who resigns in connection with the Scheme and does not join the board of Viavi Keysight with effect from the Effective Date a payment equal to three months’ fees at the rate paid to them immediately before the Effective Date (less any legally required deductions).