Common use of Sign-on Awards Clause in Contracts

Sign-on Awards. On the Effective Date (or, if the Company is subject to a blackout on the Effective Date, the first day of trading after the blackout period ends), Executive shall be granted awards (the “Sign-on Awards”) in respect of ordinary shares of the Company (“Shares”) pursuant to the Company’s 2015 Plan and award agreements thereunder, which shall be allocated, and have terms and conditions, as follows:

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Teva Pharmaceutical Industries LTD), Employment Agreement

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Sign-on Awards. On the Effective Date (or, if the Company is subject to a blackout on the Effective Date, the first seventh day of trading after the blackout period ends), Executive shall be granted (the date on which such grant occurs, the “Grant Date”) awards (the “Sign-on Awards”) in respect of ordinary shares of the Company (“Shares”) pursuant to the Company’s 2015 2020 Plan and award agreements thereunder, which shall be allocated, and have terms and conditions, as follows:

Appears in 1 contract

Samples: Employment Agreement (Teva Pharmaceutical Industries LTD)

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