Parachute Payment. In the event the accelerated vesting and issuance of the Shares subject to this Award would otherwise constitute a parachute payment under Code Section 280G, then the applicable parachute payment provisions of the Severance Agreement shall govern the Participant’s rights and entitlements.
Appears in 8 contracts
Samples: www.sec.gov, Restricted Stock Unit Issuance Agreement (Broadcom Corp), Amendment Agreement (Broadcom Corp)
Parachute Payment. In the event the accelerated vesting and issuance of the Shares subject to this Award would otherwise constitute a parachute payment under Code Section 280G, then the applicable parachute payment provisions of the Severance Employment Agreement shall govern the Participant’s rights and entitlements.
Appears in 2 contracts
Samples: Broadcom Corp, Broadcom Corp
Parachute Payment. In the event the accelerated vesting and issuance of the Shares subject to this Award would otherwise constitute a parachute payment under Code Section 280G, then the applicable parachute payment provisions of the Severance Agreement shall govern the Participant’s rights and entitlements.. Revised 2014.01.06
Appears in 1 contract
Samples: Broadcom Corp
Parachute Payment. In the event the accelerated vesting and issuance of the Shares subject to this Award would otherwise constitute a parachute payment under Code Section 280G, then the applicable parachute payment provisions of the Severance Agreement shall govern the Participant’s rights and entitlements.]
Appears in 1 contract
Samples: Restricted Stock Unit Issuance Agreement (Broadcom Corp)
Parachute Payment. In the event the accelerated vesting and issuance of the Shares subject to this Award option would otherwise constitute a parachute payment under Code Section 280G, then the applicable parachute payment provisions of the Severance Agreement shall govern the ParticipantOptionee’s rights and entitlements.
Appears in 1 contract