Common use of Post Termination Covenants Clause in Contracts

Post Termination Covenants. Notwithstanding the provisions of section 8.c. above, the continuation of the vesting period following retirement is contingent upon the Executive’s compliance with the limitations on his business activity, including; (i) refraining from competing in the reinsurance business in the locations where PartnerRe does business, and, (ii) refraining from soliciting employees or customers of PartnerRe to a company that competes in the reinsurance business in the locations where PartnerRe does business, and (iii) disclosing confidential information of PartnerRe (unless legally required to do so); until the sooner of (i) thirty–six months following retirement, or (ii) until all unvested RSUs granted pursuant to this agreement have vested.

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (Partnerre LTD), Executive Restricted Share Unit Award Agreement (Partnerre LTD), Executive Restricted Shares Unit Award Agreement (Partnerre LTD)

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Post Termination Covenants. Notwithstanding the provisions of section 8.c9.c. above, the continuation of the vesting period following retirement is contingent upon the Executive’s compliance with the limitations on his business activity, including; (i) refraining from competing in the reinsurance business in the locations where PartnerRe does business, and, (ii) refraining from soliciting employees or customers of PartnerRe to a company that competes in the reinsurance business in the locations where PartnerRe does business, and (iii) disclosing confidential information of PartnerRe (unless legally required to do so); until the sooner of (i) thirty–six months following retirement, or (ii) until all unvested RSUs granted pursuant to this agreement have vested.

Appears in 1 contract

Samples: Executive Restricted Stock Unit Award Agreement (Partnerre LTD)

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