Common use of Trust Arrangement Clause in Contracts

Trust Arrangement. The Participant understands and agrees that the Award is offered subject to and in accordance with the terms of the Israel Appendix to the RSU Plan (the “Israel Appendix”), and the trust agreement between the trustee appointed by the Company (the “Trustee”) and the Agreement. In the event of any inconsistencies between the Israel Appendix, the Agreement and/or the Plan, the Israel Appendix will govern the Award to the Participant in Israel.

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.), Restricted Share Unit Award Agreement (AVG Technologies N.V.), Restricted Share Unit Award Agreement (AVG Technologies N.V.)

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Trust Arrangement. The Participant understands and agrees that the Award is offered subject to and in accordance with the terms of the Israel Appendix to the RSU Plan (the “Israel Appendix”), and the trust agreement between the trustee appointed by the Company (the “Trustee”) and the Agreement. In the event of any inconsistencies between the Israel Appendix, the Agreement and/or the RSU Plan, the Israel Appendix will govern the Award to the Participant in Israel.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (AVG Technologies N.V.), Restricted Share Unit Award Agreement (AVG Technologies N.V.)

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