Equity Incentives Sample Clauses

Equity Incentives. During the Term, the Executive shall be eligible to participate, at a level comparable to similarly situated executives of the Company, in such long-term compensation arrangements as may be authorized from time to time by the Board, including any share incentive plan the Company may adopt from time to time in its sole discretion.

Equity Incentives. The Executive will be eligible for participating in a share incentive plan (if any) pursuant to the terms and conditions thereof as determined by the Board, and any award granted thereunder will be governed by an award agreement to be entered into separately between the Company and the Executive.

Equity Incentives. The Executive shall be given consideration, at least annually, for the grant of options to purchase shares of the common stock of the Company. In addition, the Executive shall be given consideration to receive awards under any stock option, stock purchase or equity-based incentive compensation plan or arrangement adopted by the Company from time to time for which executives of the Company of a comparable level are eligible to participate. The Executive’s awards under such plans and arrangements may be determined from time to time by the Compensation Committee.

Equity Incentives. The Executive shall be eligible to participate in the Company’s and the Parent’s long-term incentive plans on terms determined by the Board to be commensurate with his position and duties.

Equity Incentives. The Employee shall be entitled to participate in the equity incentive plan of RCG (the “Equity Plan”) as follows: (i) The Employee shall be granted stock options (which, to the extent permissible under the Internal Revenue Code of 1986, as amended, shall be incentive stock options) with seven (7) year terms to purchase shares of common stock of RCG representing, in the aggregate, 0.17% of the outstanding shares of common stock of RCG on the Closing Date (the “Options”). The Options will be subject to the plan documentation referred to below and will vest 20% per year commencing with the 1st anniversary of the Closing Date based upon continuous employment through each anniversary date and can be exercised by means of a cashless exercise in the Employee’s discretion. The strike price of these Options will be as follows based upon a percentage of the fair market value of RCG and its subsidiaries (including the Company) at the Closing Date, which for such purpose shall be the price paid by Parent per common share of RCG: One fifth of the Options shall constitute Tranche I and have a strike price of 107.5% of fair market value, one fifth of the Options shall constitute Tranche II and have a strike price of 115% of fair market value, one fifth of the Options shall constitute Tranche III and have a strike price of 120% of fair market value, one fifth of the Options shall constitute Tranche IV and have a strike price of 125% of fair market value, and one fifth of the Options shall constitute Tranche V and have a strike price of 130% of fair market value. Except for termination for Cause, vested Options will be exercisable for thirty (30) days following termination of employment and any unvested Options will be forfeited. Upon a termination for Cause, all Options will be forfeited immediately. (ii) In addition, the Employee shall be granted performance-based restricted shares of 0.1% of the common stock of RCG as of the Closing Date, subject to vesting and the other terms and conditions set forth in the applicable plan documentation referred to below (the “Restricted Shares”). The Restricted Shares shall be divided into two equal tranches with restrictions on each tranche lapsing as follows: The first tranche will fully vest on the 2nd anniversary of the Closing Date subject to continuous employment through such date if Return on Average Equity (“ROAE”) measured over Years 1 and 2 is at least 13%. The second tranche will fully vest on the 4th anniversary of the Clo...

Equity Incentives. To the extent the Company adopts and maintains a share incentive plan, the CFO will be eligible to participate in such plan pursuant to the terms thereof as determined by the Board.

Equity Incentives. Executive shall be eligible to participate in the Company’s equity incentive plan, as in effect from time to time.

Equity Incentives. To the extent the Company adopts a share incentive plan, the Director will be eligible to participate in such plan pursuant to the terms thereof as determined by the Board.

Equity Incentives. Executive may receive additional equity awards, at times and on terms determined by the Committee in its discretion.