Annual Long Term Incentive. With respect to each calendar of the company ending during the Employment Term, Company Founder shall be eligible to receive additional long term incentive award of not less than sixty (60%) percent of his Base Salary or at least $ 500,000.00, whichever is greater .
Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will be eligible for Long Term Incentive opportunities with an approximate value of at least $325,000.00 for each award (the form of such award to be determined by the Compensation Committee of CCOH), consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.
Annual Long Term Incentive. Employee will be eligible for additional Long Term Incentive opportunities with an approximate value of $300,000.00 for each award (the allocation of such award between stock options and restricted shares of Class A common stock of CCOH to be determined by the Compensation Committee of CCOH), pursuant to the Plan, and applicable award agreement, consistent with other comparable positions, taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.
Annual Long Term Incentive. Employee shall be immediately eligible for additional long-term incentive opportunities with an approximate value of not less than Two Million Dollars ($2,000,000.00) for each award, consistent with other comparable positions and pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by the Board or the Compensation Committee of the Board (the “Compensation Committee”), as applicable. The terms of this grant will be governed by the Equity Plan and an award agreement that contains the terms and conditions of such award as determined by the Board or the Compensation Committee, as applicable, in its discretion with respect to each annual grant.
Annual Long Term Incentive. Awards During each calendar year that commences during the Employment Period, you will be granted annual long-term incentive awards with a target grant date fair value of $4,500,000 (the “Target LTI Opportunity”). The grant timing, form and terms and conditions of such long-term incentive awards will be no less favorable than those applicable to other executive officers of Cabot. Your Target LTI Opportunity will be subject to review annually for increase but not decrease.
Annual Long Term Incentive. You will receive an annual long term incentive equity award with a target grant value of $750,000 the form and vesting schedule of which shall be the same as provided to similarly situated executives as determined by the Compensation Committee.
Annual Long Term Incentive. In addition to the Base Salary, the annual target long- term incentive will be based on the attainment of certain corporate and individual performance objectives of MMED to be set by the Board during the particular year in agreement with the Executive (“LTI”), awarded at the discretion of the Board, acting reasonably, including whether such LTI is awarded in the form of Restricted Share Units (“RSUs”) or in the form of stock options, subject to and in accordance with the terms and conditions of the RSU and Option plans, which are subject to Board approval, as amended from time to time (the “Deferred Incentive Plans”). Any award of the LTI will be subject to the terms established by the Board for this purpose and the LTI will be governed by the terms of the Deferred Incentive Plans.
Annual Long Term Incentive. Beginning in 2016, Employee will be eligible for additional Long Term Incentive opportunities, the allocation of such award between stock options and restricted shares of Class A common stock of Clear Channel Outdoor Holdings, Inc. (“CCOH”) to be determined by the Compensation Committee of CCOH, consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.
Annual Long Term Incentive. Beginning in fiscal year 2024, Employee will be eligible to receive an annual long term incentive award (each, an “Annual LTI Award”), with a target value of $1,200,000.00 for the Annual LTI Award granted each year, pursuant to the Plan, and applicable award agreement, consistent with other comparable positions, taking into consideration demonstrated performance and potential, and subject to approval by the Chief Executive Officer and the Board of Directors or the Compensation Committee of CCOH, as applicable, provided that, in no event shall the grant date fair value of any such award be less than Three Hundred Thousand Dollars ($300,000.00) on the date of grant.
Annual Long Term Incentive. Employee has already received Employee’s long-term incentive award in respect of fiscal year 2023. Employee will not be eligible for an annual Long Term Incentive opportunity in fiscal year 2024.
