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 Vietnam, the RSUs granted to Employees in Vietnam 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.
Appears in 8 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 exchange control restrictions in Vietnam, the RSUs granted to Employees in Vietnam 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.
Appears in 2 contracts
Samples: Grant Agreement (Hewlett Packard Enterprise Co), 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 exchange control restrictions in Vietnam, the RSUs granted to Employees in Vietnam 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.
Appears in 1 contract
Samples: Grant Agreement (Hp Inc)
