Terms and Conditions of Your Equity Award. Provisions that apply to specific Award types for all countries
Terms and Conditions of Your Equity Award. Provisions that apply to all Award types but not all countries The following provision applies to all Award types (Restricted Stock Units, Cash-Settled Restricted Stock Units, Restricted Stock, Stock Options, Stock Appreciation Rights and Performance Share Units) granted to all individuals in all countries except those with a home country of Latin America, specifically: Argentina, Bolivia, Brazil, Chile, Columbia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela.
Terms and Conditions of Your Equity Award. Provisions that apply to all Award types and all countries The following terms apply to all countries and for all Award types (Restricted Stock Units, Cash-Settled Restricted Stock Units, Restricted Stock, Stock Options, Stock Appreciation Rights and Performance Share Units).
Terms and Conditions of Your Equity Award. Provisions that apply to specific Award types for all countries Leave of Absence In the event of a management approved leave of absence, any unvested Options or SARs shall continue to vest and be exercisable as if you were an active employee of the Company, subject to the terms in this document and your Equity Award Agreement. If you return to active status, your Options or SARs will continue to vest and be exercisable in accordance with their terms. If you do not return to active status, · Your unvested Options or SARs will be canceled immediately; and · Your vested Options or SARs will be canceled on the later of the 91st day following your last day of active employment or the date of the termination of your leave of absence; provided, however, if you are a banded executive when your employment terminates (other than for cause) after you have attained age 55 and completed at least 15 years of service with the Company at the time of termination, any Options or SARs that are exercisable as of the date your employment terminates shall remain exercisable for the full term as in your Equity Award Agreement.
Terms and Conditions of Your Equity Award. Provisions that apply to specific Award types for all countries Termination of Employment including Death, Disability and Leave of Absence Termination of Employment In the event you cease to be an employee (other than on account of death or are disabled as described in Section 12 of the Plan) prior to the Vesting Date(s) in your Equity Award Agreement, all then unvested shares of Restricted Stock under your Award shall be canceled (unless your Equity Award Agreement provides otherwise).
Terms and Conditions of Your Equity Award. Data Privacy, Electronic Delivery By accepting this Award, you agree that data, including your personal data, necessary to administer this Award may be exchanged among Kyndryl and its subsidiaries and affiliates as necessary, and with any vendor engaged by Xxxxxxx to administer this Award, subject to the Terms and Conditions document; you also consent to receiving information and materials in connection with this Award or any subsequent awards under Xxxxxxx’s long-term performance plans, including without limitation any prospectuses and plan documents, by any means of electronic delivery available now and/or in the future (including without limitation by e-mail, by Web site access and/or by facsimile), such consent to remain in effect unless and until revoked in writing by you. Extraordinary Compensation Your participation in the Plan is voluntary. The value of this Award is an extraordinary item of income, is not part of your normal or expected compensation and shall not be considered in calculating any severance, redundancy, end of service payments, bonus, long-service awards, pension, retirement or other benefits or similar payments. The Plan is discretionary in nature. This Award is a one-time benefit that does not create any contractual or other right to receive additional awards or other benefits in the future. Future grants, if any, are at the sole grace and discretion of Kyndryl, including but not limited to, the timing of the grant, the number of units and vesting provisions. This Equity Award Agreement is not part of your employment agreement, if any. Accept Your Award This Award is considered valid when you accept it. This Award will be cancelled unless you accept it by 11:59 p.m. Eastern time two business days prior to the first vesting date in the “Vesting” section of this Agreement. By pressing the Accept button below to accept your Award, you acknowledge having received and read this Equity Award Agreement, the Terms and Conditions document and the Plan under which this Award was granted and you agree (i) not to hedge the economic risk of this Award or any previously-granted outstanding awards, which includes entering into any derivative transaction on Kyndryl securities (e.g., any short sale, put, swap, forward, option, collar, etc.), and (ii) to comply with the terms of the Plan, this Equity Award Agreement and the Terms and Conditions document, including those provisions relating to cancellation and rescission of awards and jurisdiction a...
Terms and Conditions of Your Equity Award. Definition of Terms The following are defined terms from the Long-Term Performance Plan, your Equity Award Agreement, or this Terms and Conditions document. These are provided for your information. In addition to this document, see the Plan prospectus and your Equity Award Agreement for more details.
Terms and Conditions of Your Equity Award. Provisions that apply to all countries The following provisions apply to all countries and for the following Award types: Performance Share Units and Cash-Settled Performance Share Units.
Terms and Conditions of Your Equity Award. Provisions that apply to select countries The following provisions apply to select countries and for the following Award types, Performance Share Units and Cash-Settled Performance Share Units, granted to all individuals in all countries except those with a home country of Latin America, specifically: Argentina, Bolivia, Brazil, Chile, Columbia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela.
Terms and Conditions of Your Equity Award. Introduction This document provides you with the terms and conditions of your Awards that are in addition to the terms and conditions contained in the Equity Award Agreement for your specific Award(s). All terms and conditions, whether contained in this document and/or the Equity Award Agreement apply to all Awards granted on or after January 1, 2008. Also, all Awards are subject to the terms and conditions in the governing plan document; the applicable document is indicated in the Equity Award Agreement and can be found at xxxx://x0.xxx.xxx/hr/exec/comp/eq_prospectus.shtml. As an Award recipient, you can see a personalized summary of all your outstanding equity grants in the "Personal statement" section of the IBM executive compensation web site (xxxx://x0.xxx.xxx/hr/exec/comp). This site also contains other information about long-term incentive awards, including copies of the prospectus (the governing plan document). If you have additional questions and you are based in the U.S., you can call the Employee Service Center at 000-000-0000 (or 919-784-8646) weekdays, from 8 a.m. to 8 p.m. Eastern time (TTY available at 000-000-0000 from 8 a.m. to 6 p.m. weekdays). You may also contact the Compensation Program Manager for your unit or your HR Partner. Xxxxx Xxxxxx currently administers these Awards on IBM's behalf. You can access your equity awards, view your account and transaction history and model transactions on the Xxxxx Xxxxxx web site at xxxxx://xxx.xxxxxxxxxxxxx.xxx (for security reasons, you will need to register for a password first). You can also contact Xxxxx Xxxxxx by calling 0-000-000-0000 (or from within the U.S. at 1-800-IBM-4292) and speak with a Xxxxx Xxxxxx representative. How to Use This Document Terms and conditions that apply to all awards in all countries can be found on page 4. Review these in addition to any award- or country-specific terms and conditions that may be listed. Once you have reviewed these general terms, check for any award-specific and/or country-specific terms that apply to your Equity Award Agreement.
