Example ContractsClausesacquisition of competing programsIdentical
Acquisition of Competing Programs
Acquisition of Competing Programs contract clause examples

Incentive Programs. The period (the “Extension Period”) beginning on the date when the termination of employment is effective and ending on the earlier of # the third-year anniversary of the date when the employment termination is effective, or # the date of the Executive’s death shall be counted as employment with NWL for purposes of vesting in each of the incentive awards heretofore or hereafter granted to the Executive, any contrary provisions of such awards or the applicable plan notwithstanding. The term “incentive award” shall include, without limitation, all awards with respect to equity or derivative securities of NWLGI, and all cash incentive awards. This Subsection shall not be construed to require NWLGI to grant any new awards to the Executive during the Extension Period. The parties understand and agree that the Extension Period also counts as employment with NWL for purposes of determining the expiration date of any incentive award granted and held by the Executive when employment terminates.

Change in Control & Severance Agreement
Source: SEC EDGAR database • Date: December 20, 2021 • SIC: 6311 • CIK: 6311
Change in Control & Severance Agreement
Source: SEC EDGAR database • Date: December 14, 2023 • SIC: 6311 • CIK: 6311

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