Nature of Remedies. (a) The remedies set forth in Sections 9 and 10 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies. (b) The Company shall be entitled to place a legend on any certificate evidencing any stock acquired upon exercise of this Option referring to the repurchase right set forth in Section 9(a). The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a) has occurred or is reasonably likely to occur.
Appears in 10 contracts
Sources: Stock Option Agreement (Tempur Pedic International Inc), Stock Option Agreement (Tempur Pedic International Inc), Stock Option Agreement (Tempur Pedic International Inc)
Nature of Remedies. (a) a. The remedies set forth in Sections 9 10 and 10 11 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies.
(b) b. The Company shall be entitled to place a legend on any certificate evidencing any stock Stock acquired upon exercise vesting of this Option Award referring to the repurchase right set forth in Section 9(a)10(a) above. The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a10(a) has occurred or is reasonably likely to occur.
Appears in 3 contracts
Sources: Restricted Stock Unit Award Agreement (Somnigroup International Inc.), Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.), Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.)
Nature of Remedies. (a) The remedies set forth in Sections 9 12 and 10 13 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies.
(b) . The Company shall be entitled to place a legend on any certificate evidencing any stock Shares acquired upon exercise vesting of this Option Award referring to the repurchase right set forth in Section 9(a)12(a) above. The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a12(a) has occurred or is reasonably likely to occur.
Appears in 2 contracts
Sources: 2017 Performance Restricted Stock Unit Award Agreement (Tempur Sealy International, Inc.), Employment Agreement (Tempur Sealy International, Inc.)
Nature of Remedies. (a) The remedies set forth in Sections 9 10 and 10 11 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies.
(b) The Company shall be entitled to place a legend on any certificate evidencing any stock acquired upon exercise of this Option referring to the repurchase right set forth in Section 9(a10(a). The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a10(a) has occurred or is reasonably likely to occur.
Appears in 1 contract
Sources: Stock Option Agreement (Tempur Pedic International Inc)
Nature of Remedies. (a) The remedies set forth in Sections 9 10> and 10 11 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies.
(b) The Company shall be entitled to place a legend on any certificate evidencing any stock acquired upon exercise of this Option referring to the repurchase right set forth in Section 9(a10(a). The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a10(a) has occurred or is reasonably likely to occur.
Appears in 1 contract
Sources: Stock Option Agreement (Tempur Sealy International, Inc.)
Nature of Remedies. (a) a. The remedies set forth in Sections 9 10 and 10 11 above are in addition to any remedies available to the Company and its Affiliates in any non-competition, employment, confidentiality or other agreement, and all such rights are cumulative. The exercise of any rights hereunder or under any such other agreement shall not constitute an election of remedies.
(b) b. The Company shall be entitled to place a legend on any certificate evidencing any stock acquired upon exercise of this Option referring to the repurchase right set forth in Section 9(a)10(a) above. The Company shall also be entitled to issue stop transfer instructions to the Company’s stock transfer agent in the event the Company believes that any event referred to in Section 9(a10(a) has occurred or is reasonably likely to occur.
Appears in 1 contract
Sources: Non Qualified Premium Priced Stock Option Agreement (Tempur Sealy International, Inc.)