Common use of Restrictive Covenant Condition Clause in Contracts

Restrictive Covenant Condition. The Participant hereby acknowledges and agrees that the receipt of the Awards, including any right to exercise the Option, receive the shares of Common Stock following vesting of an award of the Units or retain the profit from the sale of shares of Common Stock subject to the Awards, is conditioned upon Participant’s compliance with the non-competition, non-solicitation, and non-disclosure provisions contained in the Employment Agreement (as such provisions may be supplemented from time to time).

Appears in 3 contracts

Samples: Equity Award Agreement (Scientific Games Corp), Equity Award Agreement (Scientific Games Corp), Inducement Equity Awards Agreement (Scientific Games Corp)

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Restrictive Covenant Condition. The Participant hereby acknowledges and agrees that the receipt of the Awards, including any right to exercise the OptionOptions, receive the shares of Common Stock following vesting of an award of the Units or retain the profit from the sale of shares of Common Stock subject to the Awards, is conditioned upon Participant’s compliance with the non-competition, non-solicitation, non-disparagement and non-disclosure provisions contained in the Employment Agreement (as such provisions may be supplemented from time to time).

Appears in 1 contract

Samples: Equity Award Agreement (Scientific Games Corp)

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