Common use of You May Be Required to Become a Party to the Shareholders’ Agreement Clause in Contracts

You May Be Required to Become a Party to the Shareholders’ Agreement. Your rights to your RSUs are conditioned on your becoming a party to any shareholders’ agreement to which other similarly situated employees (e.g., employees with a similar title or position) of the Firm are required to be a party. If you are a party to the Amended and Restated Shareholders’ Agreement, RSU Shares will be subject to the Amended and Restated Shareholders’ Agreement, but RSU Shares delivered in respect of Supplemental RSUs will not be “Covered Shares” for purposes of Section 2.1(a) thereof.

Appears in 2 contracts

Samples: Award Agreement (Goldman Sachs Group Inc), Goldman Sachs Group Inc

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You May Be Required to Become a Party to the Shareholders’ Agreement. Your rights to your Fixed Allowance RSUs are conditioned on your becoming a party to any shareholders’ agreement to which other similarly situated employees (e.g., employees with a similar title or position) of the Firm are required to be a party. If you are a party to the Amended and Restated Shareholders’ Agreement, RSU Shares will be subject to the Amended and Restated Shareholders’ Agreement, but RSU Shares delivered in respect of Supplemental Fixed Allowance RSUs will not be “Covered Shares” for purposes of Section 2.1(a) thereof.

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

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You May Be Required to Become a Party to the Shareholders’ Agreement. Your rights to your Short-Term RSUs are conditioned on your becoming a party to any shareholders’ agreement to which other similarly situated employees (e.g., employees with a similar title or position) of the Firm are required to be a party. If you are a party to the Amended and Restated Shareholders’ Agreement, RSU Shares will be subject to the Amended and Restated Shareholders’ Agreement, but RSU Shares delivered in respect of Supplemental Short-Term RSUs will not be “Covered Shares” for purposes of Section 2.1(a) thereof.

Appears in 2 contracts

Samples: Goldman Sachs Group Inc, Goldman Sachs Group Inc

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