Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "Covenant Breach" as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU and the Award Stock issued therefor (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
Appears in 11 contracts
Samples: Restricted Stock Unit Award Agreement (Kraft Heinz Co), Restricted Stock Unit Award Agreement (Kraft Heinz Co), Restricted Stock Unit Award Agreement (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "Covenant Breach" as such term is used in the Omnibus Plan and therefore, in the event of a Covenant Breach, Executive's RSU PSUs and the Award Stock Shares issued therefor in payment thereof (as such terms are defined in the Omnibus Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Omnibus Plan.
Appears in 6 contracts
Samples: Performance Share Award Notice (Kraft Heinz Co), Performance Share Award Notice (Kraft Heinz Co), Performance Share Award Notice (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "“Covenant Breach" ” as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU ’s Option and the Award Stock issued therefor (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
Appears in 6 contracts
Samples: Non Qualified Stock Option Award Agreement (Kraft Heinz Co), Non Qualified Stock Option Award Agreement (Kraft Heinz Co), Non Qualified Stock Option Award Agreement (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Award Agreement would constitute a "“Covenant Breach" ” as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's ’s RSU and the Award Stock Shares issued therefor (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Kraft Heinz Co), Restricted Stock Unit Award Agreement (Kraft Heinz Co), Restricted Stock Unit Award Agreement (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "“Covenant Breach" ” as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU ’s Option and the Award Stock issued therefor (as such terms are defined in the Plan) shall be subject to repurchase by The X.X. Xxxxx Xxxxx Company Holding Corporation in accordance with the terms of the Plan.
Appears in 3 contracts
Samples: Non Qualified Stock Option Award Agreement, Non Qualified Stock Option Award Agreement (H.J. Heinz Holding Corp), Non Qualified Stock Option Award Agreement (Heinz H J Co)
Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "“Covenant Breach" ” as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU ’s PSUs and the Award Stock Shares issued therefor in payment thereof (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
Appears in 2 contracts
Samples: Performance Share Award Notice (Kraft Heinz Co), Performance Share Award Notice (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Award Agreement would constitute a "“Covenant Breach" ” as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU ’s Option and the Award Stock Shares issued therefor (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
Appears in 2 contracts
Samples: Non Qualified Stock Option Award Agreement (Kraft Heinz Co), Non Qualified Stock Option Award Agreement (Kraft Heinz Co)
Repurchase. Executive acknowledges and agrees that a breach of this Agreement would constitute a "Covenant Breach" as such term is used in the Plan and therefore, in the event of a Covenant Breach, Executive's RSU PSUs and the Award Stock Shares issued therefor in payment thereof (as such terms are defined in the Plan) shall be subject to repurchase by The Xxxxx Xxxxx Company in accordance with the terms of the Plan.
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