Common use of Prompt Acceptance of Agreement Clause in Contracts

Prompt Acceptance of Agreement. The Additional Incentive Shares grant evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not executed by the Executive and returned to the Company within sixty days of the grant date set forth below. CARDINAL HEALTH, INC. DATE OF GRANT: February 9, 2000 By: /s/ Stevxx Xxxn Xxxxxxx ---------------- -------------------------- Stevxx Xxxn Xxxxxxx Executive Vice President -7- 8 ACCEPTANCE OF AGREEMENT ----------------------- The Executive hereby: (a) acknowledges that the Executive has received a copy of (i) the attached Restricted Shares Agreement, (ii) the Company's most recent Annual Report and other communications routinely distributed to the Company's shareholders, (iii) the Agreement, (iv) the Employment Agreement, (v) the Plan, and (vi) the most recent summary description of the Plan issued by the Company; and (b) accepts this Agreement and the Additional Incentive Shares granted to the Executive under this Agreement subject to all provisions of the Restricted Shares Agreement, the Plan, the Agreement and the Employment Agreement; (c) represents and warrants to the Company that the Executive is purchasing the Additional Incentive Shares for the Executive's own account, for investment, and not with a view to or any present intention of selling or distributing the Additional Incentive Shares either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (d) agrees that no transfer of the Additional Incentive Shares shall be made unless the Additional Incentive Shares have been duly registered under all applicable federal, state, local and foreign securities laws pursuant to a then-effective registration that contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.

Appears in 1 contract

Samples: Agreement (Cardinal Health Inc)

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Prompt Acceptance of Agreement. The Additional Incentive Shares grant evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not executed by the Executive and returned to the Company within sixty days of the grant date set forth below. CARDINAL HEALTH, INC. DATE OF GRANT: February 9, 2000 By: /s/ Stevxx Xxxn Xxxxxxx ---------------- -------------------------- Stevxx Xxxn Xxxxxxx Executive Vice President -7- 8 -3- 4 ACCEPTANCE OF AGREEMENT ----------------------- The Executive hereby: (a) acknowledges that the Executive has received a copy of (i) the attached Restricted Shares Agreement, (ii) the Company's most recent Annual Report and other communications routinely distributed to the Company's shareholders, (iii) the Agreement, (iv) the Employment Agreement, (v) the Plan, and (vi) the most recent summary description of the Plan issued by the Company; and (b) accepts this Agreement and the Additional Incentive Shares granted to the Executive under this Agreement subject to all provisions of the Restricted Shares Agreement, the Plan, the Agreement and the Employment Agreement; (c) represents and warrants to the Company that the Executive is purchasing the Additional Incentive Shares for the Executive's own account, for investment, and not with a view to or any present intention of selling or distributing the Additional Incentive Shares either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (d) agrees that no transfer of the Additional Incentive Shares shall be made unless the Additional Incentive Shares have been duly registered under all applicable federal, state, local and foreign securities laws pursuant to a then-effective registration that contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration. ------------------------------------ Executive's Signature ------------------------------------ Executive's Social Security Number ------------------------------------ Date -4- 5 AGREEMENT --------- THIS AGREEMENT, dated and effective as of the 9th day of February, 2000, is made and entered into by and between Cardinal Health, Inc., an Ohio corporation (the "Company"), and Kathx Xxxxxxxx Xxxte (the "Executive").

Appears in 1 contract

Samples: Restricted Shares Agreement (Cardinal Health Inc)

Prompt Acceptance of Agreement. The Additional Incentive Shares grant evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not executed by the Executive and returned to the Company within sixty days of the grant date set forth below. CARDINAL HEALTH, INC. DATE OF GRANT: February FEBRUARY 9, 2000 By: /s/ Stevxx Xxxn Xxxxxxx ---------------- -------------------------- ---------------------------- Stevxx Xxxn Xxxxxxx Executive Vice President -7- 8 ACCEPTANCE OF AGREEMENT ----------------------- The Executive hereby: (a) acknowledges that the Executive has received a copy of (i) the attached Restricted Shares Agreement, (ii) the Company's most recent Annual Report and other communications routinely distributed to the Company's shareholders, (iii) the Executive's Employment Agreement, (iv) the Employment Agreement, (v) the Plan, and (viv) the most recent summary description of the Plan issued by the Company; and (b) accepts this Agreement and the Additional Incentive Shares granted to the Executive under this Agreement subject to all provisions of the Restricted Shares Agreement, the Plan, the Agreement Plan and the Employment Agreement; (c) represents and warrants to the Company that the Executive is purchasing the Additional Incentive Shares for the Executive's own account, for investment, and not with a view to or any present intention of selling or distributing the Additional Incentive Shares either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (d) agrees that no transfer of the Additional Incentive Shares shall be made unless the Additional Incentive Shares have been duly registered under all applicable federal, state, local and foreign securities laws pursuant to a then-effective registration that contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.

Appears in 1 contract

Samples: Employment Agreement (Cardinal Health Inc)

Prompt Acceptance of Agreement. The Additional Incentive Shares grant evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not executed by the Executive and returned to the Company within sixty days of the grant date set forth below. CARDINAL HEALTH, INC. DATE OF GRANT: February FEBRUARY 9, 2000 By: /s/ Stevxx Xxxn Xxxxxxx ---------------- -------------------------- -------------------------------- Stevxx Xxxn Xxxxxxx Executive Vice President -7- 8 -14- 15 ACCEPTANCE OF AGREEMENT ----------------------- The Executive hereby: (a) acknowledges that the Executive has received a copy of (i) the attached Restricted Shares Agreement, (ii) the Company's most recent Annual Report and other communications routinely distributed to the Company's shareholders, (iii) the Executive's Employment Agreement, (iv) the Employment Agreement, (v) the Plan, and (viv) the most recent summary description of the Plan issued by the Company; and (b) accepts this Agreement and the Additional Incentive Shares granted to the Executive under this Agreement subject to all provisions of the Restricted Shares Agreement, the Plan, the Agreement Plan and the Employment Agreement; (c) represents and warrants to the Company that the Executive is purchasing the Additional Incentive Shares for the Executive's own account, for investment, and not with a view to or any present intention of selling or distributing the Additional Incentive Shares either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (d) agrees that no transfer of the Additional Incentive Shares shall be made unless the Additional Incentive Shares have been duly registered under all applicable federal, state, local and foreign securities laws pursuant to a then-effective registration that contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.. /s/ Jamex X. Xxxxxx ---------------------------------------- Executive's Signature ---------------------------------------- Executive's Social Security Number 04/03/2000 ---------------------------------------- Date

Appears in 1 contract

Samples: Employment Agreement (Cardinal Health Inc)

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Prompt Acceptance of Agreement. The Additional Incentive Shares grant evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not executed by the Executive and returned to the Company within sixty days of the grant date set forth below. CARDINAL HEALTH, INC. DATE OF GRANT: February FEBRUARY 9, 2000 By: /s/ Stevxx Xxxn Xxxxxxx By:/s/ Robexx X. Xxxxxx ---------------- -------------------------- Stevxx Xxxn Xxxxxxx -------------------------------- Robexx X. Xxxxxx Chief Executive Vice President -7- 8 Officer -13- 14 ACCEPTANCE OF AGREEMENT ----------------------- The Executive hereby: (a) acknowledges that the Executive has received a copy of (i) the attached Restricted Shares Agreement, (ii) the Company's most recent Annual Report and other communications routinely distributed to the Company's shareholders, (iii) the Executive's Agreement, (iv) the Employment Agreement, (v) the Plan, and (viv) the most recent summary description of the Plan issued by the Company; and (b) accepts this Agreement and the Additional Incentive Shares granted to the Executive under this Agreement subject to all provisions of the Restricted Shares Agreement, the Plan, the Agreement Plan and the Employment Agreement; (c) represents and warrants to the Company that the Executive is purchasing the Additional Incentive Shares for the Executive's own account, for investment, and not with a view to or any present intention of selling or distributing the Additional Incentive Shares either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (d) agrees that no transfer of the Additional Incentive Shares shall be made unless the Additional Incentive Shares have been duly registered under all applicable federal, state, local and foreign securities laws pursuant to a then-effective registration that contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.. /s/ signature of applicable Executive ------------------------------------------ Executive's Signature ------------------------------------------ Executive's Social Security Number ------------------------------------------ Date

Appears in 1 contract

Samples: Agreement (Cardinal Health Inc)

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