Employee Incentives Sample Clauses

Employee Incentives a. Incentive Stock Option. Employee shall receive 100,000 Incentive ------------------------- Stock Options with an exercise price of $ 5.00, as per Company's Stock Option plan. These Options will vest and become exercisable monthly on a pro rata basis beginning on the date of this agreement and ending on March 13, 2004.

Employee Incentives. ‌ (a) On or before the Implementation Date APD may pay (in the absolute discretion of the APD Board or any other person(s) delegated such authority by the APD Board) the short term incentives and other payments in respect of the financial year ended 30 June 2021 as contemplated by the Disclosure Letter, subject to the aggregate amount of such payments not exceeding the amounts specified in the Disclosure Letter. (b) APD must, prior to the Record Date, take such steps as are required (including, as applicable, applying for consents or waivers under the Listing Rules) to arrange that, subject to the Schemes becoming Effective: (i) a maximum of 20,090,778 APD Rights vest and become APD Securities which are Scheme Securities; (ii) subject to Bidder making relevant payments as contemplated by clause 6.5(c), the balance of the APD Rights, being no more than 20,090,778 APD Rights less the number of APD Rights vested as contemplated by clause 6.5(b)(ii), are cancelled and cash-settled; and (iii) each outstanding Employee Share Scheme Loan will be repaid in full, which repayment may be made out of the Scheme Consideration in respect of the APD Securities to which such Employee Share Scheme Loan relates. (c) Subject to the Schemes becoming Effective, Bidder undertakes and warrants to APD (in APD’s own right and separately as trustee for each relevant holder of APD Rights) that Bidder will pay, or procure the payment of, the amount to be paid to relevant holders of APD Rights in consideration for cancellation of such APD Rights as contemplated by clause 6.5(b)(ii), in cleared funds, into a trust account operated by APD as trustee for the relevant holders of APD Rights before 12 noon on the Business Day immediately before the Implementation Date. APD must notify Bidder of such amount no later than 5 Business Days before the Implementation Date. (d) To avoid doubt, ▇▇▇▇▇▇ acknowledges and agrees that, despite any other provision of this deed: (i) the APD Board can exercise such discretions and authorise such actions and take such steps under the rules of the APD Employee Share Schemes and the APD Group’s short term incentive plans (or otherwise) as it considers necessary or desirable to give effect to the arrangements and payments contemplated by clause 6.5(a)); and (ii) no action or matter contemplated in this clause 6 will give rise to, or in any way contribute to, any breach of a Condition or any breach of any provision of this deed.

Employee Incentives. Recognizing that, as Monsanto's exclusive agent for sale and distribution of Roundup Products, the Agent is to promote the sale of Roundup Products NO LESS aggressively than any other product or product line that the Agent sells, the Agent shall cause its appropriate officers and other management to devote an appropriate portion of their personal efforts to the sale and distribution of Roundup Products covered by this Agreement. Further, the Agent shall ensure that the appropriate personnel are compensated in a manner to encourage them to promote the sale of Roundup Products no less aggressively than any other product or product line that the Agent sells.

Employee Incentives. Corixa will use its reasonable best efforts to structure the compensation paid to Corixa employees who work primarily on GenQuest matters in such a manner that incentivizes such employees to meet the management goals and objectives of GenQuest by utilizing such goals and objectives to assess employee performance to the same extent as Corixa utilizes management goals and objectives of Corixa to assess the performance of employees who work solely for Corixa. Corixa shall include in its performance goals, for purposes of its employee stock grant and bonus programs, reasonable performance goals of GenQuest and shall reasonably reflect the attainment or nonattainment of such goals in determining stock grants and bonus levels for Corixa employees.

Employee Incentives. 32 Section 6.5. Insurance..............................................................................32 Section 6.6. Liens..................................................................................33 Section 6.7. Promoting Safe Use-Practices...........................................................33 Section 6.8. Monsanto Inspection Rights.............................................................33 Section 6.9. Recalls................................................................................33 Section 6.10. New Roundup Products...................................................................33 Section 6.11. Confidentiality........................................................................34 Section 6.12. Noncompetition.........................................................................34 Section 6.13. Industrial Property....................................................................36 Section 6.14. Conflicts of Interest..................................................................38

Employee Incentives. Except for as otherwise expressly provided in the Transaction Documents, no Group Company has or intends to have any share incentive plan, share option or profit sharing plan, bonus plan or other reward plans for any of its directors, officers or employees.

Employee Incentives creating or altering any scheme for the incentivisation of the JVC's Employees and/or management;

Employee Incentives. (a) The terms of any offer under clause 10.1, will take into account any performance incentives (if any) applicable to Transferring Employees under the existing terms of employment and granted performance incentive arrangements (to the extent Fairly Disclosed in the Disclosure Materials) on the basis that there is continuity of employment for the purposes of those incentives. (b) To the extent that the parties agree (acting reasonably) that any equity incentives under those arrangements are to continue to be provided by the Seller in place of performance incentives offered by the Buyer, the Buyer will compensate the Seller for the value of any equity issued under those arrangements to the extent of the Buyer’s Sale Interest and to the extent they relate to the period after the Transfer Date.

Employee Incentives. Stock Option ------------ (a) Employer will grant to Employee incentive stock options ------------- to purchase shares of common stock of International Humate Fertilizer, Inc. after one year of employment. The specific terms and conditions governing the grant of these options and the exercise of said options will be set forth in more detail in an Employee Stock Option agreement approved by the stockholders and directors of the company. (b) These options may be assigned. (c) These options may only be exercised by Employee during the terms of his employment hereunder. However, in the event that the employment term is terminated by Employer for reasons other than cause, Employee shall retain the right to exercise any unused portion.