Common use of Transfer of Business to Successor Employer Clause in Contracts

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: Equity Grant Agreement (General Electric Co), Equity Grant Agreement (General Electric Co), Equity Grant Agreement (General Electric Co)

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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 3 contracts

Samples: Equity Grant Agreement (General Electric Co), Equity Grant Agreement (GE HealthCare Technologies Inc.), Equity Grant Agreement (GE HealthCare Technologies Inc.)

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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: Equity Grant Agreement (GE HealthCare Technologies Inc.)

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