Common use of Equity Compensation; Long-Term Incentive Compensation Clause in Contracts

Equity Compensation; Long-Term Incentive Compensation. In the event of any Change of Control (A) all then unvested restricted shares, if any, held by the Executive shall immediately vest and be fully exercisable and all restrictions shall lapse; (B) all unpaid long-term incentive compensation shall be treated in accordance with the terms and provisions of the Incentive Compensation Plan (or such successor plan as in effect), and any applicable long-term incentive compensation program adopted thereunder in which the Executive participated.

Appears in 3 contracts

Samples: Employment Agreement (Revlon Inc /De/), Employment Agreement (Revlon Inc /De/), Employment Agreement (Revlon Inc /De/)

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Equity Compensation; Long-Term Incentive Compensation. In the event of any Change of Control Control, (A1) all then unvested restricted shares, if any, shares held by the Executive shall immediately vest and be fully exercisable and all restrictions shall lapse; and (B2) all unpaid longLong-term incentive compensation Term Incentive Awards shall be treated in accordance with the terms and provisions of the Incentive Compensation Plan (or such successor plan as in effect)Plan, and any applicable long-term incentive compensation program adopted thereunder in which the Executive participated.

Appears in 2 contracts

Samples: Employment Agreement (Revlon Inc /De/), Employment Agreement (Bari Cosmetics, Ltd.)

Equity Compensation; Long-Term Incentive Compensation. In the event of any Change of Control (A) all then unvested restricted shares, if any, shares held by the Executive shall immediately vest and be fully exercisable and all restrictions shall lapse; (B) all unpaid long-term incentive compensation Long Term Incentive Compensation shall be treated in accordance with the terms and provisions provision of the Long Term Incentive Compensation Plan (or such successor plan as in effect), and any applicable long-term incentive compensation program adopted thereunder in which the Executive participatedPlan.

Appears in 1 contract

Samples: Employment Agreement (Revlon Inc /De/)

Equity Compensation; Long-Term Incentive Compensation. In the event of any Change of Control Control: (A) all then unvested restricted shares, if any, held by the Executive shall immediately vest and be fully exercisable and all restrictions shall lapse; and (B) all unpaid long-term incentive compensation shall be treated in accordance with the terms and provisions of the Incentive Compensation Plan (or such successor plan as in effect), and any applicable long-term incentive compensation program adopted thereunder in which the Executive participated.

Appears in 1 contract

Samples: Employment Agreement (Revlon Inc /De/)

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Equity Compensation; Long-Term Incentive Compensation. In the event of any Change of Control (A) all then unvested restricted shares, if any, held by the Executive shall immediately vest and be fully exercisable and all restrictions shall lapselapse as provided by the Executive’s Restricted Stock Agreement; (B) all unpaid long-term incentive compensation shall be treated in accordance with the terms and provisions of the Incentive Compensation Plan (or such . 13 Exhibit 10.11 successor plan as in effect), and any applicable long-term incentive compensation program adopted thereunder in which the Executive participated.

Appears in 1 contract

Samples: Employment Agreement (Revlon Inc /De/)

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