Special Forfeiture and Repayment Rules. This Agreement contains special forfeiture and repayment rules intended to encourage conduct that protects the legitimate business assets of the Company and its subsidiaries (collectively, the “Cardinal Group”) and discourage conduct that threatens or xxxxx those assets. The Company does not intend to have the benefits of this Agreement reward or subsidize conduct detrimental to the Company, and therefore will require the forfeiture of the benefits offered under this Agreement and the repayment of gains obtained from this Agreement, according to the rules specified below. Activities that trigger the forfeiture and repayment rules are divided into two categories: Misconduct and Competitor Conduct.
Appears in 3 contracts
Samples: Directors’ Restricted Share Units Agreement (Cardinal Health Inc), Directors’ Restricted Share Units Agreement (Cardinal Health Inc), Directors’ Restricted Share Units Agreement (Cardinal Health Inc)
Special Forfeiture and Repayment Rules. This Agreement contains special forfeiture and repayment rules intended to encourage conduct that protects the legitimate business assets of the Company Company’s and its subsidiaries Affiliates’ (collectively, the “Cardinal Group’s”) legitimate business assets and discourage conduct that threatens or xxxxx those assets. The Company does not intend to have the benefits of this Agreement reward or subsidize conduct detrimental to the Company, and therefore will require the forfeiture of the benefits offered under this Agreement and the repayment of gains obtained from this Agreement, according to the rules specified below. Activities that trigger the forfeiture and repayment rules are divided into two categories: Misconduct and Competitor Conduct.
Appears in 2 contracts
Samples: Performance Share Units Agreement (Cardinal Health Inc), Performance Share Units Agreement (Cardinal Health Inc)
Special Forfeiture and Repayment Rules. This Agreement contains special forfeiture and repayment rules intended to encourage conduct that protects the legitimate business assets of the Company and its subsidiaries Affiliates (collectively, the “Cardinal Group”) and discourage conduct that threatens or xxxxx those assets. The Company does not intend to have the benefits of this Agreement reward or subsidize conduct detrimental to the Company, and therefore will require the forfeiture of the benefits offered under this Agreement and the repayment of gains obtained from this Agreement, according to the rules specified below. Activities that trigger the forfeiture and repayment rules are divided into two categories: Misconduct and Competitor Conduct.
Appears in 2 contracts
Samples: Directors’ Restricted Share Units Agreement (Cardinal Health Inc), Directors’ Restricted Share Units Agreement (Cardinal Health Inc)