Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 10 contracts
Samples: Service Based Restricted Stock Unit Award Agreement (Perspecta Inc.), Employment Agreement (CSRA Inc.), Service Based Restricted Stock Unit Award Agreement (Perspecta Inc.)
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a6(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a6(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 5 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (Perspecta Inc.), Performance Based Restricted Stock Unit Award Agreement (Perspecta Inc.), Performance Based Restricted Stock Unit Award Agreement (CSRA Inc.)
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a4(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a4(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 4 contracts
Samples: Stock Option Award Agreement, Stock Option Award Agreement (Perspecta Inc.), Stock Option Award Agreement (DXC Technology Co)
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a6(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a6(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s 's Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 3 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (Computer Sciences Corp), International Performance Based Restricted Stock Unit Award Agreement (Computer Sciences Corp), Performance Based Restricted Stock Unit Award Agreement (Computer Sciences Corp)
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a4(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a4(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s 's Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 2 contracts
Samples: Stock Option Award Agreement (CSRA Inc.), Stock Option Award Agreement (Computer Sciences Corp)
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a7(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a7(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 1 contract
Waiver of Recoupment. Notwithstanding the foregoing, the Employee shall be released from (i) all of his or her obligations under Section 5(a) hereof in the event that a Change in Control occurs within three years prior to the Employment Termination Date, and (ii) some or all of his or her obligations under Section 5(a) hereof in the event that the Committee (if the Employee is an executive officer of the Company) or the Company’s 's Chief Executive Officer (if the Employee is not an executive officer of the Company) shall determine, in their respective sole discretion, that such release is in the best interests of the Company.
Appears in 1 contract
Samples: Service Based Inducement Restricted Stock Unit Award Agreement (Computer Sciences Corp)
