Representation Regarding Grant Date. The Company represents and warrants that the Company will have taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 2 contracts
Samples: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.)
Representation Regarding Grant Date. The Company represents and warrants that the Company will have has taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Effective Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Effective Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 2 contracts
Samples: Executive Employment Agreement (Avid Technology Inc), Employment Agreement (Avid Technology, Inc.)
Representation Regarding Grant Date. The Company represents and warrants that the Company will have has taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Effective Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Effective Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “"Code”").
Appears in 1 contract
Samples: Executive Employment Agreement (Avid Technology, Inc.)
Representation Regarding Grant Date. The Company represents and warrants that the Company will have has taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Effective Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Effective Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “"Code”").
Appears in 1 contract
Samples: Executive Employment Agreement (Avid Technology, Inc.)
Representation Regarding Grant Date. The Company represents and warrants that the Company will have has taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Effective Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Effective Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “"Code”"). 3.3.4.
Appears in 1 contract
Samples: Executive Employment Agreement
Representation Regarding Grant Date. The Company represents and warrants that the Company will have has taken all corporate action necessary to create legally binding rights on the part of Executive, as of the Grant Effective Date, to the Stock Option and the Restricted Stock Unit Grant and that the Grant Effective Date is the grant date for all purposes, including (without limitation) for purposes of Xxxxxxx 000X xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 1 contract
Samples: Executive Employment Agreement (Avid Technology, Inc.)
