Common use of Plan Terms Govern Clause in Contracts

Plan Terms Govern. This Award (including the vesting and redemption of Performance Stock Units, the disposition of any Shares received, the treatment of gain on the disposition of these Shares, and the treatment of Dividend Equivalents) are subject to the provisions of the Plan and any rules that the Committee may prescribe. The Plan document, as may be amended from time to time, is incorporated into this Agreement. Capitalized terms used in this Agreement have the meaning set forth in the Plan, unless otherwise stated in this Agreement. In the event of any conflict between the terms of the Plan and the terms of this Agreement, the Plan will control. By accepting the Performance Award, you acknowledge that the Plan and the Plan prospectus, as in effect on the date of this Agreement, have been made available to you for your review. Without limiting the generality of the foregoing, you agree that all determinations made by the Committee of the Performance Measures described in Section 3 shall be final, binding and conclusive on you in accordance with Article III of the Plan.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Resideo Technologies, Inc.), Performance Stock Unit Agreement (Resideo Technologies, Inc.), 2018 Stock Incentive Plan (Garrett Motion Inc.)

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Plan Terms Govern. This Award award (including the vesting of and redemption of payment for Performance Stock Units, the disposition of any Shares receivedreceived for Performance Units, and the treatment of gain on the disposition of these any such Shares, and the treatment of Dividend Equivalents) are subject to the provisions of the Plan and any rules that the Committee may prescribe. The Plan document, as may be amended from time to time, is incorporated into this Agreement. Capitalized terms used in this Agreement have the meaning set forth in the Plan, unless otherwise stated in this Agreement. In the event of any conflict between the terms of the Plan and the terms of this Agreement, the Plan will control. By accepting the Performance Award, you acknowledge that the Plan and the Plan prospectus, as in effect on the date of this Agreement, have been made available to you for your review. Without limiting the generality of the foregoing, you agree that all determinations made by the Committee of the Performance Measures described in Section 3 shall be final, binding and conclusive on you in accordance with Article III of the Plan.

Appears in 2 contracts

Samples: Performance Unit Agreement (Resideo Technologies, Inc.), 2018 Stock Incentive Plan (Garrett Motion Inc.)

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