Common use of Equity-Based Compensation Clause in Contracts

Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based compensation awards on the same terms and conditions as other senior executives of the Company.

Appears in 10 contracts

Samples: Employment Agreement (New Home Co Inc.), Employment Agreement (New Home Co Inc.), Employment Agreement (New Home Co LLC)

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Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based compensation awards on the same terms and conditions as other senior executives of based upon Executive's and/or the Company's achievement of annual performance goals or objectives established by the Committee, in its sole discretion; provided that the target grant date value of such awards granted each year during the Employment Period shall be not less than 125% of Executive's Base Salary.

Appears in 3 contracts

Samples: Employment Agreement (UCP, Inc.), Employment Agreement (UCP, Inc.), Employment Agreement (UCP, Inc.)

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Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based equity‑based compensation awards on the same terms and conditions as other senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (New Home Co Inc.)

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