Payout of RSUs in Cash Only. Pursuant to the Company’s discretion under Section 2(ii) of the Plan and Section 3 of the Grant Agreement, due to legal considerations in Russia, the RSUs granted to Employees in Russia shall be settled in cash paid in local currency by the Employer through local payroll (less any Tax-Related Items and/or fees) and do not provide any right for the Employee to receive Shares. Notifications
Appears in 7 contracts
Samples: Grant Agreement (Hp Inc), Grant Agreement (Hp Inc), Grant Agreement (Hp Inc)
Payout of RSUs in Cash Only. Pursuant to the Company’s discretion under Section 2(ii) of the Plan and notwithstanding the language in Section 3 of the Grant Agreement, due to legal considerations in Russia, the RSUs granted to Employees in Russia shall be settled in cash only paid in local currency by the Employer through local payroll (less any Tax-Related Items and/or fees) and do not provide any right for the Employee to receive Shares. NotificationsCompliance with Laws and Regulations This provision supplements Section 14 of the Grant Agreement: By accepting this grant of RSUs, the Employee understands, acknowledges and agrees that:
Appears in 3 contracts
Samples: Grant Agreement (Hewlett Packard Enterprise Co), Grant Agreement (Hp Inc), Grant Agreement (Hp Inc)
Payout of RSUs in Cash Only. Pursuant to the Company’s discretion under Section 2(ii) of the Plan and Section 3 of the Grant Agreement, due to legal considerations in Russia, the RSUs granted to Employees in Russia shall be settled in cash only paid in local currency by the Employer through local payroll (less any Tax-Related Items and/or fees) and do not provide any right for the Employee to receive Shares. Notifications
Appears in 1 contract
Samples: Grant Agreement (Hp Inc)
Payout of RSUs in Cash Only. Pursuant to the Company’s discretion under Section 2(ii) of the Plan and Section 3 of the Grant Agreement, due to legal considerations in Russia, the RSUs granted to Employees in Russia shall be settled in cash paid in local currency by the Employer through local payroll (less any Tax-Related Items and/or fees) and do not provide any right for the Employee to receive Shares. Notifications.
Appears in 1 contract
Samples: Grant Agreement (Hp Inc)