Retention Awards. If the successor fails to assume responsibility for the retention awards, upon a Qualifying Termination any outstanding retention awards granted to Employee which are outstanding will become immediately vested and settled pursuant to their terms, subject to the requirements of section 409A of the Code, to the extent applicable.
Appears in 4 contracts
Samples: Employment Agreement (NUSCALE POWER Corp), Employment Agreement (NUSCALE POWER Corp), Employment Agreement (Spring Valley Acquisition Corp.)
