Settlement and Delivery of Shares. From and after the Distribution, SpinCo shall have sole responsibility for the settlement and delivery of shares of SpinCo Common Stock pursuant to SpinCo Options, SpinCo RSUs, SpinCo PSUs, CEO SpinCo Performance Shares and CFO SpinCo PSUs (collectively, “SpinCo Equity Awards”) to any holder of such award and shall be solely entitled to any exercise price payable in respect of SpinCo Options.
Appears in 2 contracts
Samples: Employee Matters Agreement (GE HealthCare Technologies Inc.), Employee Matters Agreement (GE Healthcare Holding LLC)
Settlement and Delivery of Shares. From and after the Distribution, SpinCo shall have sole responsibility for the settlement and delivery of shares of SpinCo Common Stock pursuant to SpinCo Options, SpinCo RSUs, SpinCo PSUs, SpinCo DLTP Awards and CEO SpinCo Performance Shares and CFO SpinCo PSUs (collectively, “SpinCo Equity Awards”) to any holder of such award and shall be solely entitled to any exercise price payable in respect of SpinCo Options.
Appears in 2 contracts
Samples: Employee Matters Agreement (GE Vernova Inc.), Employee Matters Agreement (GE Vernova LLC)
