Common use of Transfer to Non-Participating Subsidiary Clause in Contracts

Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the “controlled group” of Citigroup (as defined below), the Award will continue to vest on schedule [and vested Option shares may continue to be exercised (but not later than the Option expiration date)].

Appears in 2 contracts

Samples: Award Agreement (Citigroup Inc), Award Agreement (Citigroup Inc)

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Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the "controlled group" of Citigroup (as defined below), or to a subsidiary that is not a member of such "controlled group," but is consolidated with Citigroup for financial reporting purposes (including, in each case, a transfer covered under the Citigroup Expatriate Program), the Award will continue to vest on schedule [and vested Option shares may continue to be exercised (but not later than the Option expiration date)].

Appears in 2 contracts

Samples: Award Agreement (Citigroup Inc), Equity Award Agreement (Citigroup Inc)

Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the “controlled group” of Citigroup (as defined below), the Award will continue to vest on schedule [and vested Option shares may continue to be exercised (but not later than the Option expiration date)]schedule.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Citigroup Inc)

Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the "controlled group" of Citigroup (as defined below), the Award unvested shares will continue to vest on schedule [and vested Option shares may continue to be exercised (but not later than the Option expiration date)], subject to all other provisions of this Agreement.

Appears in 1 contract

Samples: Award Agreement (Citigroup Inc)

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Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the “controlled group” of Citigroup (as defined below), the Award Option will continue to vest on schedule [and vested Option shares may continue to be exercised (but not exercised, subject to satisfaction of the Gxxxx Xxxxx Exercise Condition, until no later than the Option expiration date)].

Appears in 1 contract

Samples: Equity Award Agreement (Citigroup Inc)

Transfer to Non-Participating Subsidiary. (i) If Participant transfers to a subsidiary that is a member of the "controlled group" of Citigroup (as defined below), the Award will continue to vest on schedule [and vested Option shares may continue to be exercised (but not later than the Option expiration date)].

Appears in 1 contract

Samples: Equity Award Agreement (Citigroup Inc)

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