Examples of Replacement Awards in a sentence
Users who receive Device Replacement Awards are also eligible for Device Payment Awards.
Device Replacement Awards are intended to compensate eligible Users who, on or after June 14, 2021 and prior to the Execution Date, paid out of pocket (in whole or in part) for a Replacement Device without having received or prior to receiving from a Recall Program a Remanufactured Device associated with the User’s Recalled Device.
However, except in certain circumstances, Users who receive Device Replacement Awards are not eligible for Device Return Awards.
In the event of a Corporate Change: (i) if the Participant’s then-outstanding RSUs are exchanged for Replacement Awards, the Participant’s then-outstanding RSUs shall be deemed cancelled and shall have no further force and effect; or (ii) if the Participant’s then-outstanding RSUs are not exchanged for Replacement Awards, the Participant’s then-outstanding RSUs shall become fully vested and paid out in Ordinary Shares within 30 days of the Corporate Change .
Device Replacement Awards If you spent your own money to purchase a comparable Replacement CPAP, BiPAP or ventilator to replace a Recalled Device on or after June 14, 2021 and before September 7, 2023, you may be eligible for a Device Replacement Award in addition to a Device Payment Award.