Common use of Certain Conditions of the Award Clause in Contracts

Certain Conditions of the Award. This provision supplements the “Certain Conditions of the Award” section of this Agreement: By accepting the Award, the Participant acknowledges and agrees that (i) the Participant is making an investment decision and iii) the value of the underlying Shares is not fixed and may increase or decrease over the vesting period without compensation to the Participant.

Appears in 3 contracts

Sources: Restricted Stock Unit Agreement (Cadence Design Systems Inc), Restricted Stock Unit Agreement (Cadence Design Systems Inc), Restricted Stock Unit Agreement (Cadence Design Systems Inc)

Certain Conditions of the Award. This provision supplements the “Certain Conditions of the Award” section of this Agreement: By accepting the Award, the Participant acknowledges and agrees that (i) the Participant is making an investment decision and iii(ii) the value of the underlying Shares is not fixed and may increase or decrease over the vesting period without compensation to the Participant.

Appears in 2 contracts

Sources: Incentive Stock Award Agreement (Cadence Design Systems Inc), Incentive Stock Award Agreement (Cadence Design Systems Inc)