Common use of Annual Equity Incentive Awards Clause in Contracts

Annual Equity Incentive Awards. With respect to each fiscal year of the Company during the Employment Period, the Executive shall receive annual equity incentive award grants (“Annual Equity Awards”) with respect to a number of shares of Company common stock (whether in the form of stock options, restricted stock shares or restricted stock units) with a value commensurate with the Executive’s position and determined on a basis and with terms and conditions, including without limitation vesting, comparable to similarly situated executives of the Company.

Annual Equity Incentive Awards. With respect to each fiscal year of the Company during the Employment Period, the Executive shall be eligible to receive annual equity incentive award grants (“Annual Equity Awards”) with respect awards under the Company’s 2012 Long-Term Incentive Plan or any other stock or long-term incentive plans that the Company may adopt from time to a number of shares of Company common stock (whether in the form of stock options, restricted stock shares or restricted stock units) with a value commensurate with the Executive’s position and determined time on a basis and with terms and conditions, including without limitation vesting, comparable conditions no less favorable than those provided to similarly situated other senior executives of the Company.

Annual Equity Incentive Awards. With respect to each fiscal year of Beginning with the Company Company’s annual equity review in July, 2009, during the Employment Period, the Executive shall be eligible to receive annual equity incentive award grants (“Annual awards under the Equity Awards”) with respect to a number of shares of Company common stock (whether in the form of stock options, restricted stock shares or restricted stock units) with a value commensurate with the Executive’s position and determined Plans on a basis and with terms and conditions, including without limitation vesting, comparable conditions no less favorable than those provided to similarly situated other senior executives of the Company.