Equity Compensation Grant Sample Clauses

Equity Compensation Grant. As a long term incentive, on the Effective Date under the Company’s Long-Term Equity Compensation Plan, Xxxxxxxx shall participate in any equity compensation program provided to all executive officers, based on criteria established by the Compensation Committee in its sole discretion each year.
Sample 1See All (5)
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Equity Compensation Grant. In addition to cash compensation, the Employee will be eligible to earn equity compensation during the Term. The amounts and form of all equity compensation awards shall be determined at the sole discretion of the Board or its designee and only in accordance with shareholder approved stock compensation plans. As of the Effective Date, under the Company’s Long-Term Equity Compensation Plan, the Employee will receive an award equal in value to $442,250, 50% of which will be awarded as restricted stock and 50% of which will be awarded as long-term incentive performance (“LTIP”) shares. For this purpose, the value of the restricted stock and the LTIP shares will be determined by the Company’s compensation consultants and will be based on the average closing price of the stock of the Company for the month of December, 2007. The restricted stock will vest at the rate of 25% for each complete year worked by the Employee under this Agreement, beginning on March 7, 2008 and vesting at the rate of 25% on each anniversary thereof. The performance shares will vest in accordance with the timing and performance targets set forth in the documentation for such LTIP shares. Future awards will vest on the schedule specified by the Board or its designee at the time of the award.
Sample 1
Equity Compensation Grant. As a long-term incentive, under the Company’s long-term equity compensation plan, Xxxxx shall participate in any equity compensation program provided to all executive officers, based on criteria established by the Compensation Committee in its sole discretion each year.
Sample 1
Equity Compensation Grant. The Company hereby grants to Kanders 8,274,000 fully vested, unregistered shares of common stock of the Company, par value $0.0001 per share (“Common Stock”) without cost as compensation to Kanders for the Redeployment Services (the “Equity Compensation Shares”); subject to the conditions set forth in Section 6 herein. For the avoidance of doubt, it is intended and understood that such Equity Compensation Shares when issued, shall constitute 19.99% of the total number of shares of Common Stock to be outstanding following the Acquisition and the issuance of the Equity Compensation Shares, without giving effect to any shares issuable upon conversion of the Note as hereinafter defined in Section 6(b)).
Sample 1
Equity Compensation Grant. As a long term incentive, on the Effective Date under the Company’s Long-Term Equity Compensation Plan, the Employee shall receive an award of stock options equal in value to thirty percent (30%) of the 2007 Base Salary of the Employee and restricted stock equal in value to seventy percent (70%) of the 2007 Base Salary of the Employee. For this purpose, the value of the stock shall be based on the closing market price of the Company on November 14, 2006 and the value of the stock and the value of the stock options shall be determined by the compensation committee. The stock options and restricted stock shall vest at the rate of 25% for each complete year worked by the Employee under this Agreement, beginning from the Effective Date and each anniversary thereof.
Sample 1
Equity Compensation Grant. In addition to cash compensation, the Employee will be eligible to earn equity compensation during the Term. The amounts and form of all equity compensation awards shall be determined at the sole discretion of the Board or its designee and only in accordance with shareholder approved stock compensation plans.
Sample 1
Equity Compensation Grant. As a long term incentive, on the Effective Date under the Company’s Long-Term Equity Compensation Plan, Xxxxxxx shall participate in any equity compensation program provided to all executive officers, based on criteria established by the Compensation Committee in its sole discretion each year. Initially, Xxxxxxx will be granted a restricted stock award equal to 100% of Base Salary, to vest pro rata over 4 years; the valuation date for such award will be based on the closing price of the Company’s stock on November 28, 2008.
Sample 1
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Related to Equity Compensation Grant

  • Equity Compensation Executive will continue to be eligible to receive stock and option grants, and other equity compensation awards (“Awards”), as determined by the Board or any committee thereof in the Board’s or such committee’s sole discretion.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • 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.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • 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 Compensation The Executive shall retain all rights to any equity-based compensation awards to the extent set forth in the applicable plan and/or award agreement.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Equity Incentive Subject to the terms of any applicable agreement, [a] the Executive may exercise any outstanding stock options that are vested when the Executive became Disabled and [b] those that would have been vested on the last day of the fiscal year during which the Executive becomes Disabled if the Executive had not become Disabled.

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