One. The Board of Directors has adopted the Plan to provide incentives to attract, retain and motivate eligible individuals whose current and potential contributions are significant to the success of Symantec Corporation (the « Company ») and its subsidiaries and affiliates. B. The Participant shall provide valuable services to the Company and/or its subsidiaries and affiliates, and this Performance-Based Restricted Share Agreement will be entered into in accordance with the Plan in connection with the issuance of rights in respect of Common Shares in the form of yield-based Restricted Share Units (each, an « PRU »). C. All capitalized terms in this Agreement shall have the meanings adjected to them in Appendix A or B. All undede defined terms have the meaning assigned to them in the plan. NOW is therefore agreed as follows: 1. Granting of restricted share units based on performance. The Corporation hereby allocates to participating PRAs under the Plan. Each PRU constitutes the right to receive one ordinary share in the event of non-expirability based on the achievement of the performance targets set out in Annex B (each, a « Share »), subject to the provisions of this Agreement (including any Annex thereto). The number of common shares subject to this premium, the exercise plan applicable to PRAs and shares, the dates on which such non-expirable shares are issued to the Participant and the other terms governing this bonus are set out in this Agreement (including all schedules).
REWARD SUMMARY The table above shows what happens to Sean and Gus` shares when they leave the company – in this example, Sean and Gus are partially derealable upon termination. the tax obligations arise before the delivery of ordinary shares to the Participant or it is determined after the delivery of shares or other property that the amount of the tax obligations was greater than the amount withheld by the Company and/or an Affiliate, the Participant shall indemnify the Company and its affiliates for any breach by the Company and/or an affiliate, to withhold the correct amount, release it and compensate it. The Company may refuse to deliver the Shares if the Participant fails to comply with the Participant`s obligations153 in relation to the tax obligations described in this paragraph 7. 8. Compliance with Laws and Regulations. One. The issuance of common shares under the PRU is subject to compliance by the Company and the Participant with all applicable legal requirements and all applicable regulations of an exchange (or established market, as the case may be) on which the common shares may be traded at the time of such issuance. b.
The Company`s failure to obtain approval from a regulatory authority deemed lawful by the Company releases the Company from any liability for the non-issuance of common shares for which such approval has not been obtained. However, the Corporation will do its best to obtain all of these permits. .