Examples of ExxonMobil Merger in a sentence
Furthermore, if the Change in Control is triggered as a result of the ExxonMobil Merger, the terms of this Agreement relating to treatment of awards granted to Employee under Parent’s LTIP, including pursuant to paragraphs 5(d)(5) and 5(d)(6)(iii) below shall not apply to any such awards granted after October 10, 2023, and instead, the treatment of such awards shall be governed by the applicable award agreements relating thereto.
For the avoidance of doubt, upon the consummation of the ExxonMobil Merger, the Award will be Assumed.
Should the Merger Agreement be terminated and the ExxonMobil Merger not be consummated, this Section 6 shall be void and of no force or effect.
The terms of this Section 6 shall apply from and after the consummation of the ExxonMobil Merger in lieu of the terms set forth in Section 5.
Upon the consummation of the ExxonMobil Merger, this Section 5 shall no longer apply and the terms of Section 6 shall apply in lieu thereof.