Acceptance and Agreement by the Participant Forfeiture upon Failure to Accept Clause Example with 4 Variations from Business Contracts

Acceptance and Agreement by the Participant Forfeiture upon Failure to Accept. By accepting this Award, the Participant agrees to be bound by the terms, conditions, and restrictions set forth in the Plan, this Award Agreement, and the Travelers Group's policies, as in effect from time to time, relating to the Plan. The Participant's rights under the Award will lapse ninety (90) days from the Grant Date, Date and the Award will be forfeited on such date if the Participant does not accept the Award Agreement by such date. For the avoidance of doubt, the Participant's failure... to accept the Award Agreement shall not affect his or her continuing obligations under any other agreement between any member(s) of the Travelers Group and the Participant. Additionally, the Participant acknowledges and agrees that the Participant's acceptance of this Award is voluntary and not a condition of employment, and the Participant may decline to accept this Award without adverse consequences to the Participant's continued employment relationship with the Travelers Group. -8- 19. Waiver; Cumulative Rights. The Company's failure or delay to require performance by the Participant of any provision of this Award Agreement will not affect its right to require performance of such provision unless and until the Company has waived such performance in writing. Each right under this Award Agreement is cumulative and may be exercised in part or in whole from time to time. View More

Acceptance and Agreement by the Participant Forfeiture upon Failure to Accept. By accepting this Award, Option, the Participant agrees to be bound by the terms, conditions, and restrictions set forth in the Plan, this Award Agreement, and the Travelers Group's policies, as in effect from time to time, relating to the Plan. The Participant's rights under the Award Option will lapse ninety (90) days from the Grant Date, and the Award Option will be forfeited on such date if the Participant does not accept the Award Agreement by such date. For the avoidance of doubt, the Part...icipant's failure to accept the Award Agreement shall not affect his or her continuing obligations under any other agreement between any member(s) of the Travelers Group and the Participant. Additionally, the Participant acknowledges and agrees that the Participant's acceptance of this Award is voluntary and not a condition of employment, and the Participant may decline to accept this Award without adverse consequences to the Participant's continued employment relationship with the Travelers Group. View More

Acceptance and Agreement by the Participant Forfeiture upon Failure to Accept. By accepting this Award, Option, the Participant agrees to be bound by the terms, conditions, and restrictions set forth in the Plan, this Award Agreement, and the Travelers Group's policies, as in effect from time to time, relating to the Plan. The Participant's rights under the Award Option will lapse ninety (90) days from the Grant Date, and the Award Option will be forfeited on such date if the Participant does not accept the Award Agreement by such date. For the avoidance of doubt, the Part...icipant's failure to accept the Award Agreement shall not affect his or her continuing obligations under any other agreement between any member(s) of the Travelers Group and the Participant. Additionally, the Participant acknowledges and agrees that the Participant's acceptance of this Award Option is voluntary and not a condition of employment, and the Participant may decline to accept this Award Option without adverse consequences to the Participant's continued employment relationship with the Travelers Group. View More

Acceptance and Agreement by the Participant Forfeiture upon Failure to Accept. By accepting this Award, the Participant agrees to be bound by the terms, conditions, and restrictions set forth in the Plan, this Award Agreement, and the Travelers Group's policies, as in effect from time to time, relating to the Plan. The Participant's rights under the Award will lapse ninety (90) days from the Grant Date, Date and the Award will be forfeited on such date if the Participant does not accept the Award Agreement by such date. For the avoidance of doubt, the Participant's failure... to accept the Award Agreement shall not affect his or her continuing obligations under any other agreement between any member(s) of the Travelers Group and the Participant. Additionally, the Participant acknowledges and agrees that the Participant's acceptance of this Award is voluntary and not a condition of employment, and the Participant may decline to accept this Award without adverse consequences to the Participant's continued employment relationship with the Travelers Group. View More