Conditions for Eligibility. Your eligibility to receive or retain the Retention Cash Award (Section V) is subject to all of the following conditions: · You sign and comply with the terms of the Abbott U.S. Employee Agreement (Exhibit C), which will be effective on the Effective Date. · You sign and comply with the Abbott Business Code of Conduct (Exhibit D), which will be effective on the Effective Date. · You, with due diligence and good faith, fulfill your tasks and objectives both resulting from your present function and/or from tasks and obligations assigned to you in the future. · You do not terminate your employment (other than due to your death) prior to the Payment Date, and you are not terminated by Abbott for Cause (as defined below) or for breach of this Agreement. · You comply with the covenants set forth in this Agreement and do not otherwise breach this Agreement. · If you are terminated by Abbott without Cause (as defined in Section IX.1.), and without having breached this Agreement, you timely sign and do not revoke a release in the form provided by Abbott. Abbott retains the right to recoup any compensation or benefits paid or payable to you hereunder, including the Retention Cash Award, in the event of any breach of this Agreement by you.
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Conditions for Eligibility. Your eligibility to receive or retain the any Retention Grant (Section IV(c)) and any Retention Cash Award (Section V) is subject to all of the following conditions: · You sign and comply with the terms of the Abbott U.S. Employee Agreement (Exhibit CD), which will be effective on the Effective Date. · You sign and comply with the Abbott Business Code of Conduct (Exhibit DE), which will be effective on the Effective Date. · You, with due diligence and good faith, fulfill your tasks and objectives both resulting from your present function and/or from tasks and obligations assigned to you in the future. · You do not terminate your employment (other than due to your death) prior to the applicable Payment Date or Vesting Date, and you are not terminated by Abbott for Cause (as defined below) or for breach of this Agreement. · You comply with the covenants set forth in this Agreement and do not otherwise breach this Agreement. · If you are terminated by Abbott without Cause (as defined in Section IX.1.)Cause, and without having breached this Agreement, you timely sign and do not revoke a release in the form provided by Abbott. Abbott retains the right to recoup any compensation or benefits paid or payable to you hereunder, including the Retention Grant and the Retention Cash AwardAwards, in the event of any breach of this Agreement by you.
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