Common use of Transfers and Leaves Clause in Contracts

Transfers and Leaves. Transfer of employment between Participating Companies shall not constitute Termination of Employment for the purpose of any Award granted under the Program. Whether any leave of absence shall constitute Termination of Employment for the purposes of any Award granted under the Program shall be determined by the Administrator, in each case in accordance with applicable law and by application of the policies and procedures adopted by the Company in relation to such leave of absence.

Appears in 4 contracts

Samples: Retention Award (Conocophillips), Restricted Stock Units Agreement (Conocophillips), Inducement Grant Agreement (Conocophillips)

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Transfers and Leaves. Transfer of employment between Participating Companies shall not constitute Termination of Employment for the purpose of any Award granted under the Program. Whether any leave of absence shall constitute Termination of Employment for the purposes of any Award granted under the Program shall be determined by the AdministratorAuthorized Party, in each case in accordance with applicable law and by application of the policies and procedures adopted by the Company in relation to such leave of absence.

Appears in 1 contract

Samples: Conocophillips

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