2010 Emergence Incentive Plan Award. For the 2010 fiscal year, the Executive shall be eligible to receive a grant of a combination of non-qualified stock options and either restricted stock or restricted stock units in settlement of the Executive’s participation in the EIP for the 2010 fiscal year upon the attainment of one or more of the pre-established performance goals under the EIP for fiscal year 2010, with such grant, if any, to be made no later than March 15, 2011. The terms and conditions applicable to such equity awards shall be no less favorable to the Executive than as set forth on Exhibit A attached hereto.
Appears in 5 contracts
Samples: Employment Agreement (Chemtura CORP), Employment Agreement (Chemtura CORP), Employment Agreement (Chemtura CORP)
