Common use of Annual Long-Term Incentive Awards Clause in Contracts

Annual Long-Term Incentive Awards. After AGL issues shares of publicly traded stock, Executive will participate in the LTIP. The "target award" for the first year of the Initial Term will be 83,333 restricted shares of AGL stock and an option to purchase 166,667 shares of AGL stock, however the amount of any award made to Executive under LTIP will be based on the profitability of the AGL and Executive’s performance and will be subject to the discretion of the Compensation Committee of the AGL’s Board of Directors. All Long-Term Incentive awards will be subject to the terms and conditions of the LTIP.

Annual Long-Term Incentive Awards. After AGL issues shares of publicly traded stock, Executive will participate in the LTIP. The "“target award" ” for the first year of the Initial Term will be 83,333 restricted shares of AGL stock and an option to purchase 166,667 shares of AGL stock, however the amount of any award made to Executive under LTIP will be based on the profitability of the AGL and Executive’s performance and will be subject to the discretion of the Compensation Committee of the AGL’s Board of Directors. All Long-Term Incentive awards will be subject to the terms and conditions of the LTIP.

Annual Long-Term Incentive Awards. After AGL issues shares of publicly traded stock, Executive will participate in the LTIP. The "“target award" ” for the first year of the Initial Term will be 83,333 restricted shares of AGL stock and an option to purchase 166,667 shares of AGL stock, however the amount of any award made to Executive under LTIP will be based on the profitability of the AGL and Executive’s performance and will be subject to the discretion of the Compensation Committee of the AGL’s Board of Directors. All Long-Term Incentive awards will be subject to the terms and conditions of the LTIP.