Award Acceptance Contract Clauses (44)

Award Acceptance. The grant of this Award is contingent upon your acceptance, by the date and in the manner specified by Global & Executive Compensation and/or the Company's stock plan service provider, of these Terms and Conditions, the Country-Specific Notices and Restrictive Covenants Agreement as described in Section II.A.3. If you decline the Award or if you do not accept the Award and any applicable documents described in the preceding sentence by the deadline date and in the manner specified, then the Awar...d will be cancelled as of the grant date of the Award.2.Rights of Award Holders. Unless and until the vesting conditions of the Award have been satisfied and cash or shares of Common Stock, as applicable, have been delivered to you in accordance with the Award Documentation, you have only the rights of a general unsecured creditor of Marsh & McLennan Companies. Unless and until shares of Common Stock have been delivered to you, you have none of the rights of ownership to such shares (e.g., units cannot be used as payment for stock option exercises; units may not be transferred or assigned; units have no voting rights).3.Restrictive Covenants Agreement. As described in Section II.A.1., a Restrictive Covenants Agreement ("Restrictive Covenants Agreement") in a form determined by Marsh & McLennan Companies must be in place in order to accept the Award and you must execute or reaffirm, as determined by Marsh & McLennan Companies, in its sole discretion, the Restrictive Covenants Agreement in order for the Award to vest pursuant to certain employment events as described in Section III. Failure to timely execute the Restrictive Covenants Agreement by the date specified in the Grant Documentation or failure to timely execute or reaffirm and comply with the Restrictive Covenants Agreement as described in Section III.F.1. or 2., as applicable, will result in cancellation or forfeiture of any rights, title and interest in and to the Award, without any liability to the Company. 1 B.Stock Units. View More

Award Acceptance. To retain this Award, you must accept it by signing the Agreement below and, by signing this Agreement, you will be deemed to consent to the application of the terms and conditions set forth in this Agreement and the Plan. Return the signed Agreement to [•]. I Accept: Print Name EID Signature Date VESTING SCHEDULE TABLE EX-10.6 4 rezi-ex106_892.htm EX-10.6 rezi-ex106_892.htm Exhibit 10.6 AMENDED AND RESTATED 2018 STOCK INCENTIVE PLAN OF RESIDEO TECHNOLOGIES, INC. AND ITS AFFILIATES FORM OF RESTR...ICTED STOCK UNIT AGREEMENT RESTRICTED STOCK UNIT AGREEMENT (this "Agreement") as of the [DAY] day of [MONTH, YEAR] (the "Award Date") between Resideo Technologies, Inc. (the "Company") and [EMPLOYEE NAME] (the "Participant"). View More