Stock-Based Employee Benefit Plans. Grace and GCP shall take all actions as may be necessary to approve the grants of adjusted equity awards by Grace (in respect of Grace shares) and GCP (in respect of GCP shares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
Appears in 5 contracts
Samples: Separation and Distribution Agreement (GCP Applied Technologies Inc.), Separation and Distribution Agreement (W R Grace & Co), Separation and Distribution Agreement (GCP Applied Technologies Inc.)