Common use of Severance for Cause Clause in Contracts

Severance for Cause. Notwithstanding anything to the contrary in the Plan or the Grant Agreement, “Cause” shall be defined in the Plan, irrespective of whether the Severance is or is not considered a fair termination (i.e., “despido procedente”) under Spanish legislation.

Appears in 5 contracts

Samples: Grant Agreement (Mattel Inc /De/), Grant Agreement for Long Term Incentive Program Performance Based Restricted Stock Units (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

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Severance for Cause. Notwithstanding anything to the contrary in the Plan or the Grant Agreement, “Cause” shall be defined in the Plan, irrespective of whether the Severance Termination is or is not considered a fair termination (i.e., “despido procedente”) under Spanish legislation.

Appears in 3 contracts

Samples: Restricted Stock Performance Unit Agreement (Take Two Interactive Software Inc), Global Restricted Stock Unit Agreement (Take Two Interactive Software Inc), Global Restricted Stock Unit Agreement (Take Two Interactive Software Inc)

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Severance for Cause. Notwithstanding anything to the contrary in the Plan or the Grant Agreement, “Cause” shall be defined in the Plan, irrespective of whether the Severance termination is or is not considered a fair termination (i.e., “despido procedente”) under Spanish legislation.

Appears in 1 contract

Samples: Global Restricted Unit Agreement (Take Two Interactive Software Inc)

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