Examples of Equity Compensation Plan in a sentence
Amended and Restated Equity Compensation Plan, as amended and restated (the “Plan”).
During the term of Executive’s employment under this Agreement, Executive will be eligible to participate in the 2020 Omnibus Equity Compensation Plan (the “Plan”) and receive awards thereunder as may be determined by the Board or the Committee from time to time.
During the Term, and the Extended Term, if applicable, of this Agreement, Executive shall be granted annual, equity-based long term incentive compensation at the discretion of the Executive Compensation Committee under the Company’s Omnibus Equity Compensation Plan (the “Omnibus Plan”), consistent with existing compensation practices (“LTI”); provided, however, that the target annual equity grant shall not be less than two hundred fifty percent (250%) of Executive’s Base Salary.
Executive shall be eligible to participate in the Company’s Performance Based Long-Term Equity Compensation Plan (the “Restricted Share Plan”), a copy of which is attached as Exhibit B, which Plan was established and adopted for 2004 performance and provides for awards of restricted stock under certain circumstances in 2005.