Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all actions as may be necessary to approve the grants of adjusted equity awards by Parent (in respect of Parent Shares) and SpinCo (in respect of SpinCo Shares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 26 contracts
Samples: Separation and Distribution Agreement (3m Co), Separation and Distribution Agreement (Solventum Corp), Separation and Distribution Agreement (Solventum Corp)
Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all actions as may be necessary to approve the grants of adjusted equity awards by Parent (in respect of Parent Sharesshares) and SpinCo (in respect of SpinCo Sharesshares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 9 contracts
Samples: Separation and Distribution Agreement (Cars.com Inc.), Separation and Distribution Agreement (Cars.com Inc.), Separation and Distribution Agreement (Ingevity Corp)
Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all actions as may be necessary to approve the any grants of adjusted equity awards by Parent (in respect of Parent Shares) and SpinCo (in respect of SpinCo Shares) in connection with the External Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 4 contracts
Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Equitrans Midstream Corp), Separation and Distribution Agreement (EQT Corp)
Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all such actions as may be necessary to approve the grants of adjusted equity awards by Parent (in respect of Parent Sharesshares) and SpinCo (in respect of SpinCo Sharesshares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Sylvamo Corp), Separation and Distribution Agreement (International Paper Co /New/), Separation and Distribution Agreement (Sylvamo Corp)
Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all actions as may be necessary to approve the grants of adjusted equity awards by Parent (in respect of Parent SharesCommon Stock) and SpinCo (in respect of SpinCo Shares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (SilverSun Technologies Holdings, Inc./Nv), Investment Agreement (SilverSun Technologies, Inc.)
Stock-Based Employee Benefit Plans. Parent and SpinCo shall take all actions as may be necessary to approve the grants of adjusted equity awards by Parent (in respect of Parent Shares) and SpinCo (in respect of SpinCo Shares) in connection with the External Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 1 contract
Samples: Separation and Distribution Agreement (Equitrans Midstream Corp)
