Revocation/Effective Date. This General Release Agreement shall not become effective or enforceable until the eighth day after Executive signs this General Release Agreement. In other words, Executive may revoke Executive’s acceptance of this General Release Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this General Release Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Executive does not revoke.
Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employees acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employees revocation must be in writing and received by Collette Clemens, People and Culture, on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employees acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (Effective Date).
Effective Date and Revocation. This Agreement shall not be effective until seven (7) days after Pennypacker signs it and returns it to [[Person A:Person]]., Senior Vice President, General Counsel and Secretary. During that seven (7)-day period, Pennypacker may revoke his acceptance of this Agreement by delivering to Doerr a written statement stating he wishes to revoke this Agreement or not be bound by it. In addition, Pennypacker understands and agrees that this Agreement may be executed by him and the Company in counter-parts and that facsimile, copy or .pdf signatures shall be considered just as effective as original signatures.
EFFECTIVE DATE. The Plan, as amended and restated herein, applies for Restricted Cash Awards granted on or after the effective date on the cover page.
Effective Date. This Amendment is dated October 28, 2021.
Effective Date. The Plan shall be effective as of the date it has been approved by the Company’s shareholders (the “Effective Date”).
Effective Date. This Plan became effective on May 8, 2012, the date on which the Plan was approved by the Company’s shareholders (the “Effective Date”). As a result of shareholder approval of this Plan, the Company’s prior equity incentive compensation plan, the Cummins Inc. 2003 Stock Incentive Plan (the “Prior Plan”), terminated on the Effective Date; each of the Cummins Inc. Senior Executive Target Bonus Plan, the Cummins Inc. Target Bonus Plan, the Cummins Inc. Senior Executive Longer Term Performance Plan and the Cummins Inc. Longer Term Performance Plan terminated on December 31, 2012; and no new awards could be granted under such plans after their respective termination dates; provided that each such plan continued to govern awards outstanding as of the date of such plan’s termination and such awards continued in force and effect until terminated pursuant to their respective terms. The Board amended and restated this Plan on February 13, 2017, contingent on subsequent shareholder approval of this Plan as amended and restated, and shareholders approved the amendment and restatement on May 9, 2017.
The effective date of this Plan is July 19, 2017, the date it was adopted by the Board of Directors; provided, however, that this Plan is subject to the approval of the holders of the Companys Class A Stock, par value $.01 per share. The Plan shall terminate on July 19, 2027.
The Plan is effective initially for the fiscal year ending January 3, 2009. This amendment and restatement of the Plan is effective for awards based on performance in any Plan Period beginning after December 30, 2017.
Effective Date. January 1, 2017, as to this amendment and restatement of the Plan.
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