Tech Data 2014 Annual Report Download - page 173

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thereof shall be made with respect to the number of shares of Common Stock subject to the RSUs.
Section 8. Rights of Participant .
No person shall, by virtue of the granting of the RSUs to the Participant, be
deemed to be a holder of any Shares underlying the RSUs or be entitled to the rights or privileges of a holder of such
Shares unless and until the RSUs have vested with respect to such Shares and the Shares have been issued pursuant to
the vesting of the RSUs.
The grant of the RSUs is voluntary and occasional and the Participant shall not by virtue of the granting of the
RSUs have any claim or right to be granted RSUs in the future or to participate in any other compensation plan, program
or arrangement of the Company or of the Employer, even if RSUs have been granted repeatedly in the past.
The granting of the RSUs shall not
impose upon the Company or the Employer any obligations to employ or to
continue to employ the Participant; and the right of the Company or the Employer to terminate the employment of the
Participant shall not be diminished or affected by reason of the fact that the RSUs have been granted to the Participant.
Nothing herein contained shall impose any obligation upon the Participant to accept the grant of RSUs.
At all times while any portion of the RSUs is outstanding, the Company shall reserve and keep available, out of
shares of its authorized and unissued Common Stock or reacquired Shares, a sufficient number of Shares to satisfy the
requirements of the RSUs; comply with the terms of the RSUs promptly upon vesting of the RSUs; and pay all fees or
expenses necessarily incurred by the Company in connection with the issuance and delivery of Shares pursuant to the
vesting of the RSUs.
Section 9. Termination .
Subject to Section 8, the outstanding unvested RSUs granted hereunder shall terminate
and the Participant shall cease vesting in the RSUs on the earliest to occur of:
(i) termination of active employment or other relationship between the Company or the Employer and the
Participant for any reason other than due to the Participant’s death or Disability; or
(ii) termination of active employment or other relationship between the Company or the Employer and
the Participant due to the Participant’s death or Disability within three months of the Date of Grant.
An employment relationship between the Company or the Employer and the Participant shall be deemed to exist
during any period during which the Participant is actively employed by the Company or by any Subsidiary. Whether
authorized leave of absence or absence on military government service shall constitute termination of the employment
22