Common use of Equity-Based Incentives Clause in Contracts

Equity-Based Incentives. The Executive shall be eligible for grants of equity awards available to senior executive officers of the Company under the Plan, as the Board or the Compensation Committee of the Board (“Compensation Committee”) may from time to time determine. In addition, the Executive shall be eligible to receive the equity-based incentive bonuses based upon the achievement of specified performance goals set forth in Attachment B (the cash- and equity-based incentive bonuses set forth in Attachment B are collectively referred to herein as the “Performance Bonuses”). Each equity award granted to the Executive shall specify in the applicable award agreement that upon termination of the Executive’s employment for any reason by the Company or by the Executive any unvested portion of the equity awards shall immediately vest.