Common use of Restrictive Covenants and Other Obligations Clause in Contracts

Restrictive Covenants and Other Obligations. In consideration of the grant of an Option, the Optionee shall enter into the Agreement of Restrictive Covenants and Other Obligations, a copy of which is attached hereto as Schedule C. In the event the Optionee does not sign and return the Agreement of Restrictive Covenants and Other Obligations within 45 days of the receipt of this Agreement, the Committee may, in its sole discretion, cancel the Option. If no such agreement is required, Schedule C shall state none or not applicable.

Appears in 8 contracts

Samples: Share Option Award Agreement (Willis Group Holdings PLC), Share Option Award Agreement (Willis Group Holdings PLC), Share Purchase and Option Plan (Willis Group Holdings PLC)

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Restrictive Covenants and Other Obligations. In consideration of the grant of an Option, the Optionee shall enter into the Agreement of Restrictive Covenants and Other Obligations, a copy of which is attached hereto as Schedule C. B. In the event the Optionee does not sign and return or electronically accept the Agreement of Restrictive Covenants and Other Obligations in the manner specified within 45 days of the receipt of this Agreement, the Committee may, in its sole discretion, cancel the Option. If no such agreement is required, Schedule C B shall state none or not applicable.

Appears in 3 contracts

Samples: Time Based Share Option Award Agreement, Time Based Share Option Award Agreement (Willis Towers Watson PLC), Time Based Share Option Award Agreement (Willis Group Holdings PLC)

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Restrictive Covenants and Other Obligations. In consideration of the grant of an Option, the Optionee shall enter into the Agreement of Restrictive Covenants and Other Obligations, a copy of which is attached hereto as Schedule C. In the event the Optionee does not sign and return the Agreement of Restrictive Covenants and Other Obligations within 45 days of the receipt of this Agreement, the Committee may, in its sole discretion, cancel the Option. If no such agreement is required, Schedule C shall state none or not applicable.

Appears in 1 contract

Samples: Option Agreement (Willis Group Holdings LTD)

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