11 Avr Rsu Agreement
Time or (5) the participant violated any essential provision of any secrecy, transfer of invention, non-competition or similar agreement between the participant and the company and, if cured, did not cured this violation after proper notification of the company; or (b) the conviction or registration of a candidate of guilt or Nolo by the participant, a crime with a moral turpitude or a crime. The amendment, which sufficiently increases the number of common shares in the plan, will be carried out in accordance with the provisions of the plan. 14. Employment according to will. There is nothing in this agreement or plan that gives the Participant the right to continue the business for a specified period of time or to restrict or restrict the rights of the company (or a parent or subsidiary that employs or retains a participant) or of the participant whose rights are expressly reserved by each. , to terminate the service of Participant153s with the company at any time for any reason, with or without reason. 15. Sustainability. The provisions of this agreement are dissociable and if one or more provisions are considered illegal or non-applicable, in whole or in part, the other provisions are nevertheless binding and enforceable. 16. Electronic delivery. The entity may decide, at its sole discretion, to electronically forward all documents relating to participation in the plan, TO the PRUs or future PRUs that may be granted under the plan (including, but not only, to the declarations possibly required by the Securities and Exchange Commission) or to seek the agreement of 153s participants to participate in the plan electronically.
The participant agrees to receive these documents electronically and, at his request, to agree to participate in the plan through an online or electronic system set up and maintained by the company or by any other third party designated by the company. 17. Impose other requirements. The company reserves the right to impose additional requirements for the participation of participants 153 in the plan, the premium and all actions acquired under the plan, as long as the company deems it necessary or desirable to comply with local law or facilitate the management of the plan, and to require that I sign additional agreements or commitments that may be necessary to carry out the above. (a) the delegation of tasks that involve much less authority and responsibility for the participant and are effective immediately before the participant`s change of control begins, (i) the change in control; (ii) the date of implementation of the initial written agreement or instrument that provides for the modification of control, or (iii) the date of adoption of a decision by the Board of Directors, which provides for the modification of the control, are substantially incompatible for the modification of the control; Gus also retains its free movement shares, but there is a restriction: as RSUs are often subject to additional custody conditions (such as a liquidation event), Gus` shares may expire before both conditions are met. If Gus` shares expire before the acquisition of the company or IpOs, he will not get to hold the shares. Notwithstanding the liquidation conditions, all actions that are not forgotten expire at the end. (Some companies will allow former employees to retain RSUs that have met the time-based vesting requirement, but not the event-based vesting requirement.