Example ContractsClausesEquity Incentives
Equity Incentives
Equity Incentives contract clause examples

Equity Incentives. Pursuant to the terms of the [[Company:Organization]] Amended and Restated 2010 Incentive Compensation Plan and the equity incentive agreements effective by and between Employee and the Company, under which the Company granted to Employee deferred stock units (“DSUs”), market stock units (“MSUs”), performance stock units (“PSUs”) and options to purchase common units of the Company (“Options,” and collectively, the “Equity Incentives”), as of the Termination Date: # Employee’s MSUs, DSUs, PSUs and Options cease vesting; # Employee has and shall have no right to exercise any unvested portion of the Options or receive any unvested portion of the DSUs; # Employee does not have and shall not have any rights under the unvested portion of the Options or DSUs and does not have other any rights or entitlements to purchase units or shares of the Company or any subsidiary or affiliate of the Company; and # Employee’s MSUs and PSUs cease vesting, are voided and Employee shall have no right to any compensation under the MSUs or PSUs. Employee has until February 13, 2019, to exercise any vested portion of Employee’s Options or the Employee will lose all rights to such vested portion of the Options. The exercise price for the Options cannot be offset against any amounts payable to the Employee by the Company or any subsidiary or affiliate thereof.

Equity Incentives. Subject to the approval of the Compensation Committee and the terms of the 2005 Equity Plan, as amended, and subject to Executive being employed by the Company as of the date of grant, Executive will receive the following grants of equity awards:

Equity Incentives. Executive shall be eligible to participate in the Company’s equity compensation program on a basis consistent with the other Company executives. In addition, Executive will be granted ten thousand (10,000) restricted stock units (the “Initial Equity Grant”) within fifteen (15) days of commencement of employment with the Company. The Initial Equity Grant will be subject to a 4-year vesting period, with fifty percent (50%) based on continued employment and fifty percent (50%) based on performance measured against whether the Company exceeds the midpoint for Total Shareholder Return ranking within its Peer Group as defined in the Company’s 2021 Proxy Statement.

Equity Incentives. Effective on the Resignation Date, all of Executive's then existing unvested shares of Restricted Stock Awards (as shown in the table below) and all related accrued dividends (“Unvested RSAs”) from the Company (symbol: CSGS) will automatically vest in full and be earned and distributed to Executive in accordance with their terms.

Equity Incentives. Effective on the Executive Officer Resignation Date, all of Executive's then existing unvested shares of Restricted Stock Awards (as shown in the table below) and all related accrued dividends (“Unvested RSAs”) from the Company (symbol: CSGS) will automatically vest in full and be earned and distributed to Executive in accordance with their terms.

Equity Incentives. Pursuant to the terms of the [[Company:Organization]] Amended and Restated 2010 Incentive Compensation Plan and the equity incentive agreements effective by and between Employee and the Company, under which the Company granted to Employee deferred stock units (“DSUs”), market stock units (“MSUs”), performance stock units (“PSUs”) and options to purchase common units of the Company (“Options,” and collectively, the “Equity Incentives”), as of the Termination Date: # Employee’s MSUs, DSUs, PSUs and Options cease vesting; # Employee has and shall have no right to exercise any unvested portion of the Options or receive any unvested portion of the DSUs; # Employee does not have and shall not have any rights under the unvested portion of the Options or DSUs and does not have other any rights or entitlements to purchase units or shares of the Company or any subsidiary or affiliate of the Company; and # Employee’s MSUs and PSUs cease vesting, are voided and Employee shall have no right to any compensation under the MSUs or PSUs. Employee has until July 21, 2019, to exercise any vested portion of Employee’s Options or the Employee will lose all rights to such vested portion of the Options. The exercise price for the Options cannot be offset against any amounts payable to the Employee by the Company or any subsidiary or affiliate thereof.

Equity Incentives. Upon execution of this Agreement the Company shall grant to Executive Restricted Stock Units (“RSUs”) as set forth in Exhibit A attached hereto and subject to the conditions thereunder. Thereafter, Executive shall be eligible to participate in the Company’s equity compensation program on a basis consistent with the other Company executives.

Equity Incentives. The Company previously granted to Executive restricted shares equal to 3% of the Company’s then outstanding Common Stock (the “Grant”). The Grant will continue to be governed by the applicable grant documents and the Company’s 2020 Equity Incentive Plan (the “Plan”).

Equity Incentives. Subject to approval by the Board (or the compensation committee thereof), as soon as practicable following the Effective Date, Executive will be granted an option to purchase up to 300,000 shares of the Company’s common stock (the “Option”). Subject to the Executive continuing to serve as Executive Vice President, Chief Commercial Officer of the Company (except as set forth below), vesting of the Option will be as follows: # 300,000 shares (the “Time-Based Shares”) vesting over a four-year period, with 75,000 shares vesting on the first anniversary of the date of grant, and then the remainder of the Time-Based Shares vesting pro rata monthly thereafter over the next three years. The Option will have a ten-year term and will be treated as an incentive stock option to the maximum extent possible under applicable regulations, with the remainder being non-statutory stock options. The portion of the Option that is vested as of the date of termination of the Executive’s service with the Company shall remain exercisable for a period of 90 days following termination. Any portion of the Option that vests as a result of a Post-Termination Vesting Event shall remain exercisable for a period of 90 days following the occurrence of such event. The amount of 24,750 unvested stock options, which were previously granted to the Executive for board service, will be cancelled upon commencement of employment.

Equity Incentives. Equity incentives may be granted to Executive from time to time pursuant to the terms and conditions of the Plan, at the discretion of the Committee.

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