Stock Ownership Policy. The Participant understands that the Committee has adopted a policy that requires the Participant to own a multiple of the Participant’s base salary, determined by leadership level, in Common Stock. The Participant agrees to comply with such policy and any modifications thereof that may be adopted by the Committee from time to time.
Appears in 8 contracts
Samples: Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Stock Settled Stock Appreciation Right Agreement (World Fuel Services Corp)
Stock Ownership Policy. The Participant understands that the Committee has adopted a policy that requires the Participant to own a multiple of the Participant’s base salary, determined by leadership level, in Common StockShares. The Participant agrees to comply with such policy and any modifications thereof that may be adopted by the Committee from time to time. Notwithstanding the foregoing, such policy shall not apply following a Change of Control.
Appears in 8 contracts
Samples: Grant Agreement (World Fuel Services Corp), Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Restricted Stock Unit Grant Agreement (World Fuel Services Corp)
Stock Ownership Policy. The Participant understands that the Committee has adopted a policy that requires the Participant to own a multiple of the Participant’s base salary, determined by leadership level, cash retainer in Common Stock. The Shares corresponding to any vested Restricted Stock Units that have not yet been delivered to the Participant shall be deemed to be Shares owned by the Participant for purposes of such policy. The Participant agrees to comply with such policy and any modifications thereof that may be adopted by the Committee from time to time.
Appears in 4 contracts
Samples: Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp)
Stock Ownership Policy. The Participant understands that the Committee has adopted a policy that requires the Participant to own a multiple of the Participant’s base salary, determined by leadership level, in Common StockShares. The Participant agrees to comply with such policy and any modifications thereof that may be adopted by the Committee from time to time.
Appears in 2 contracts
Samples: Performance Based Restricted Stock Unit Grant Agreement (World Fuel Services Corp), Restricted Stock Grant Agreement (World Fuel Services Corp)
Stock Ownership Policy. The Participant understands that the Committee has adopted a policy that requires the Participant to own a multiple of the Participant’s base salary, determined by leadership level, in Common Stock. The Participant agrees to comply with such policy and any modifications thereof that may be adopted by the Committee from time to time. Notwithstanding the foregoing, such policy shall not apply following a Change of Control to any Common Stock acquired by the Participant hereunder.
Appears in 2 contracts
Samples: Stock Settled Stock Appreciation Right Agreement (World Fuel Services Corp), Stock Settled Stock Appreciation Right Agreement (World Fuel Services Corp)
