Example ContractsClausesEquity Incentive Compensation
Equity Incentive Compensation
Equity Incentive Compensation contract clause examples

Equity Incentive Compensation. The Executive shall be entitled to participate, commensurate with the Executive’s position, in the Company’s incentive compensation plan(s) (i.e., stock/restricted stock units/options/warrants, etc. (each individually or collectively, “Equity Awards”)), pursuant to the [[Company:Organization]] Stock Incentive Plan or such other equity plan or arrangement as may be in effect from time to time (such plan or arrangement hereinafter referred to as the “Plan”). Any Equity Awards shall be documented on an award agreement which shall at least conform to the terms and conditions set forth in this paragraph (the “Award Agreement”). Any Equity Awards shall vest immediately upon: # a Change in Control (defined below), # a termination of Executive’s employment by the Company Without Cause, # a termination of employment by Executive for Good Reason, or # Executive’s death or Disability. Shares of the Company’s Common Stock shall be issued with respect to the vested Equity Awards upon the earlier of: # a Change in Control, or # Executive’s “separation from service” as defined for purposes of Code [Section 409A] (the “Delivery Event”); provided, however, that the delivery of shares shall be delayed until the earlier of # six (6) months following separation from service, or # Executive’s death, if necessary to comply with the requirements of Code [Section 409A]. All shares underlying vested Equity Awards shall be delivered to Executive upon a Delivery Event regardless as to the reason triggering such Delivery Event (including the reason the Executive’s employment is terminated). This Section 5(d) shall be in addition to and shall not in any way modify, amend or restate any other grant of equity awards, including restricted stock units, made pursuant to this Agreement or to any grant agreement previously executed by Executive.

Incentive Compensation (Equity). Executive shall be eligible to participate in Ultra’s Stock Incentive Plan (defined below), and may receive periodic equity or equity-based grants, which Ultra expects will be awarded annually, pursuant to that Plan at the discretion of the Compensation Committee. The terms and conditions of any such grants shall be specified at the time of grant in award agreements specific to each such grant.

Equity Incentive Compensation. During the Term, the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Bank in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) the Company's 2015 Stock Option and Incentive Plan.

Equity Incentive Compensation. During the Employment Period, the Executive shall be eligible for equity grants under the [[Company:Organization]], Inc. Amended and Restated 1997 Stock Incentive Plan or any successor plan or plans, having such terms and conditions as awards to other peer executives of the Company, as determined by the Compensation Committee in its sole discretion, unless the Executive consents to a different type of award or different terms of such award than are applicable to other peer executives of the Company. Nothing herein requires the Compensation Committee to grant the Executive equity awards or other long-term incentive awards in any year. For the year 2020, the Company shall award the Executive the annual grant upon joining (“2020 Grant”) in the form of Restricted Stock Units (“RSUs”). The annual stock incentive grant value for the 2020 Grant will be 175,000 USD. The actual grant value of 2020 Grant will be calculated based on proration of the period between the Effective Date and December 31, 2020 to full calendar year 2020. The 2020 Grant shall have such terms and conditions of the Company’s stock incentive grant as provided to other executives.

Equity Incentive Compensation. The Employee shall be entitled to participate, commensurate with the Employee's position, in the IDI, Inc. 2015 Stock Incentive Plan and/or the [[Company:Organization]]. 2018 Stock Incentive Plan, and/or successor stock incentive plan adopted by the Company.

Incentive Compensation (Equity). Executive will be eligible to receive an award of restricted stock units under the Stock Incentive Plan (defined below), subject to approval of the Compensation Committee and the terms and conditions of the Stock Incentive Plan and the award agreement attached hereto as [Schedule 2].

Incentive Compensation (Equity). Executive will be eligible to receive an award of restricted stock units under the Stock Incentive Plan (defined below), subject to approval of the Compensation Committee and the terms and conditions of the Stock Incentive Plan and the award agreement attached hereto as [Schedule 2].

The Executive shall be eligible to participate in the Company’s equity incentive plans, as in effect from time to time, and shall be considered for grants and awards at such times and in such amounts as shall be deemed appropriate by the Compensation Committee, in its sole discretion.

Equity Incentive Compensation. During the Employment Period, the Executive shall be eligible for equity grants under the [[Company:Organization]], Inc. Amended and Restated 1997 Stock Incentive Plan or any successor plan or plans, having such terms and conditions as awards to other peer executives of the Company, as determined by the Compensation Committee in its sole discretion, unless the Executive consents to a different type of award or different terms of such award than are applicable to other peer executives of the Company. Nothing herein requires the Compensation Committee to grant the Executive equity awards or other long-term incentive awards in any year.

Equity Incentive Compensation.Executive Chairman shall be entitled to participate, commensurate with his position, in the Company’s incentive compensation plan(s) (i.e., stock/restricted stock units/options/warrants, etc. (each individually or collectively, “Equity Awards”)), pursuant to the [[Company:Organization]] Stock Incentive Plan or such other equity plan or arrangement as may be in effect from time to time (such plan or arrangement hereinafter referred to as the “Plan”). Any Equity Awards shall be documented on an award agreement which shall at least conform to the terms and conditions set forth in this paragraph (the “Award Agreement”).

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