Transfer of Business to Successor Employer. If the Grantee’s employment with the Company and its Affiliates terminates prior to the Vesting Date as a result of transferring directly to employment with a successor employer in connection with transfer by the Company or Affiliate of a business operation, then the RSU shall vest as of such date.
Appears in 3 contracts
Samples: Restricted Stock Unit Grant Agreement (General Electric Co), Restricted Stock Unit Grant Agreement (General Electric Co), Restricted Stock Unit Grant Agreement (General Electric Co)
Transfer of Business to Successor Employer. If the Grantee’s employment with the Company and its Affiliates terminates Termination of Employment occurs prior to the final Vesting Date listed above as a result of transferring directly to employment with a successor employer in connection with transfer by the Company or Affiliate of a business operation, then the RSU any unvested RSUs shall vest as of such date.
Appears in 2 contracts
Samples: Restricted Stock Unit Grant Agreement (GE HealthCare Technologies Inc.), Restricted Stock Unit Grant Agreement (GE HealthCare Technologies Inc.)
Transfer of Business to Successor Employer. If the Grantee’s employment with the Company and its Affiliates terminates Termination of Employment occurs prior to the final Vesting Date listed above as a result of transferring directly to employment with a successor employer in connection with the transfer by the Company or an Affiliate of a business operation, then the RSU any unvested RSUs shall vest as of such date.
Appears in 1 contract
Samples: Restricted Stock Unit Grant Agreement (GE HealthCare Technologies Inc.)
Transfer of Business to Successor Employer. If the Grantee’s employment with the Company and its Affiliates terminates prior to the Vesting Date as a result of transferring directly to employment with a successor employer in connection with transfer by the Company or Affiliate of a business operation, then the RSU shall vest as of such date. (Note that this may not apply to the transactions planned to effectuate the transformation of the Company into three public companies, as announced on November 9, 2021. Any adjustments to outstanding equity awards in connection with those transactions will be determined by the Committee and communicated at a later time.)
Appears in 1 contract
