Common use of Addendums Clause in Contracts

Addendums. The Company may adopt addendums to this Agreement, which shall constitute part of this Agreement. Notwithstanding any provisions in this Agreement, the Restricted Stock Units will be subject to any country-specific terms set forth in an Addendum for the Recipient’s country of residence or employment. Moreover, if the Recipient relocates to one of the countries included in the Addendum, the terms for such country will apply to the Recipient, to the extent the Company determines that the application of such terms is necessary or advisable.

Appears in 5 contracts

Sources: Restricted Stock Unit Agreement (SPX Corp), Performance Based Restricted Stock Unit Agreement (SPX Corp), Time Based Restricted Stock Unit Agreement (SPX Corp)

Addendums. The Company may adopt addendums to this Agreement, which shall constitute part of this Agreement. Notwithstanding any provisions in this Agreement, the Restricted Stock Units will shall be subject to any country-specific terms set forth in an Addendum for the Recipient’s country of residence or employment. Moreover, if the Recipient relocates to one of the countries included in the Addendum, the terms for such country will shall apply to the Recipient, to the extent the Company determines that the application of such terms is necessary or advisable.

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (SPX Technologies, Inc.), Restricted Stock Unit Award Agreement (SPX Technologies, Inc.)

Addendums. The Company may adopt addendums to this Agreement, which shall constitute part of this Agreement. Notwithstanding any provisions in this Agreement, the Restricted Stock Units will be subject to any country-specific terms set forth in an Addendum for the Recipient’s country of residence or employment. Moreover, if the Recipient relocates to one of the countries included in the Addendum, the terms for such country will apply to the Recipient, to the extent the Company determines that the application of such terms is necessary or advisable.included

Appears in 1 contract

Sources: Performance Based Restricted Stock Unit Agreement (SPX Corp)