Equity Based Incentive Awards Sample Clauses

Equity Based Incentive Awards. While the Executive remains an employee of the Company, the Executive shall be eligible to participate in stock option, restricted stock and other equity incentive programs established by the Company from time to time to provide equity-based incentives to key employees of the Company. All such equity-based incentives shall be awarded in the discretion of the Board, or a committee thereof, pursuant to the terms of a stock option agreement, restricted stock agreement or other documentation required by the Board, or a committee thereof, and the Company’s equity incentive plan in effect at the time of such award, if any. The amount and vesting terms related to any such grant shall be in the discretion of the Board, or a committee thereof.
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Equity Based Incentive Awards. Marciano shall not be eligible to receive equity or other non-cash awards under the Company’s 2004 Equity Incentive Plan, any successor plan or otherwise with respect to his provision of the Consulting Services. Notwithstanding anything to the contrary in the award agreements evidencing Marciano’s stock options, restricted stock awards or other equity awards that are currently outstanding and not otherwise vested or scheduled to vest in accordance with their terms on or before the Retirement Date (the “Outstanding Unvested Equity Awards”), any Outstanding Unvested Equity Awards shall not terminate or be forfeited on the Retirement Date so long as Marciano continues to serve on the Board immediately following the Retirement Date. Instead, any Outstanding Unvested Equity Awards shall continue to become vested and exercisable based on Marciano’s continued service as a member of the Board, on the same basis as if he had remained an employee of the Company for the period of time he continues to serve on the Board, with each installment of such Outstanding Unvested Equity Awards becoming vested and exercisable on the applicable vesting date as long as Marciano continues to serve as a member of the Board through the applicable vesting date. With respect to any Outstanding Unvested Equity Awards that are stock options, the date Marciano ceases to serve as a member of the Board shall be treated as Marciano’s “Severance Date” for purposes of the applicable award agreements, and Marciano will be considered to have retired from the Company on such Severance Date for purposes of such award agreements. In addition, and notwithstanding anything to the contrary in the Employment Agreement, Marciano shall not be eligible to receive any performance share, stock option or other awards under the Company’s 2004 Equity Incentive Plan or any successor plan with respect to his employment by the Company during the Company’s current fiscal year (fiscal 2012). For the avoidance of doubt, nothing in this Section 5 is intended as, nor shall be construed as, an amendment to the terms of any of Marciano’s stock options, restricted stock awards or other equity awards that are not Outstanding Unvested Equity Awards (i.e., equity awards that are currently vested or scheduled to vest in accordance with their terms on or before the Retirement Date).
Sample 1
Equity Based Incentive Awards. In order to compensate Executive for the forfeited awards from his prior employer, on or about the Employment Date, the Company will grant Executive a one-time award of 10,000 Restricted Stock Units equivalent to the Company’s common stock (“RSU’s”) pursuant to the Waste Management, Inc. 2004 Stock Incentive Plan. This grant of RSU’s will be subject to the restrictions imposed by, and governed by the provisions of, the 2004 Stock Incentive Plan and the award agreement issued to Executive in connection thereto. The RSU’s shall vest in their entirety on the third (3rd) anniversary of the grant date of the award, unless earlier vested or forfeited pursuant to the terms of the 2004 Stock Incentive Plan or award agreement. On or about January 29, 2007, Executive will also be entitled to receive grant(s) under the Company’s equity based compensation plan(s) to the same extent and on the same basis as other similarly-situated executive employees generally.
Sample 1
Equity Based Incentive Awards. As partial consideration for this Agreement, the Executive has or will receive the following equity award grants on the dates specified and on the additional terms and conditions set forth on Schedule 1 (collectively, the “Initial Equity Grant”): (i) 250,000 shares of restricted stock on April 20, 2006, (ii) 500,000 common stock options on April 20, 2006 and (iii) 400,000 common stock options on January 1, 2007. In addition to the Initial Equity Grant, during the Term the Executive may, in the sole discretion of the Board after consideration of the recommendations of the Compensation Committee, receive one or more additional equity award grants (“Equity Awards”) from time to time. Any such Equity Awards will be determined by the Board in its sole discretion, after consideration of the recommendations of the Compensation Committee, and will take into account the following factors, among others: (a) the Company’s needs in retaining the services of the Executive, (b) the amount and nature of Equity Awards granted to other executives and employees, and (c) the specific role and contribution of the Executive. In determining whether to make an Equity Award and in determining the amount of any Equity Award, the Board (and the Compensation Committee in making its recommendations to the Board) will focus on overall Company performance and individual contributions to the achievement of established Company goals as well as on comparable marketplace compensation comparisons. The Executive acknowledges that although additional Equity Awards may be granted, such Equity Awards are neither required nor guaranteed by this Agreement. The Initial Equity Grant will be granted in accordance with, and governed by the terms and conditions of, the Company’s Amended and Restated 2003 Stock Option Plan (the “Stock Option Plan”). Any additional Equity Awards will be granted in accordance with, and governed by the terms and conditions of, the Stock Option Plan and any replacement or superseding plan, as applicable.
Sample 1
Equity Based Incentive Awards. At the sole discretion of the Board or the Committee, the Executive shall be eligible to participate throughout the Employment Term in such long-term incentive plans and programs as may be in effect from time to time in accordance with the Company’s compensation practices and the terms and provisions of any such plans or programs.
Sample 1
Equity Based Incentive Awards 
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Related to Equity Based Incentive Awards

  • Equity Incentive Awards Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board. In the event of a Change of Control (as defined in the Redwood Trust, Inc. Executive Deferred Compensation Plan) in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Equity-Based Awards For each calendar year during the Term, the Executive shall be eligible to participate in and receive equity-based awards under the Company’s 2014 Stock Incentive Plan, and any and all successor or replacement plans as may be determined by the Board or the Committee (collectively, “Incentive Plan”).

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 25% of his Base Compensation (the “Annual Target Bonus”). Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board. The determinations of the Board with respect to such bonus shall be final and binding. Any incentive bonus for a fiscal year shall in no event be paid later than 21/2 months after the close of such fiscal year.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

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