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. To the extent the Company adopts and maintains 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. (a) For each fiscal year of the Company ending during the Term, the Company shall issue to Employee, as additional compensation, restricted stock or restricted stock units with respect to a number of shares of Common Stock of the Company, $.01 par value per share (the “Common Stock”) between zero and 20,000 with a target of 15,000, which amount shall be subject to equitable adjustment whenever there shall occur a stock split, combination, reclassification or other similar event involving the Common Stock (the “Performance Shares”). The actual number of Performance Shares subject to a given year’s award will be determined or adjusted, as applicable, based on the Company’s achievement in the applicable year of corporate and/or individual performance goals approved by the Company’s Board of Directors or its Compensation Committee. Such determination will occur within 30 days following the date on which the Company releases final earnings for the relevant fiscal year. Any award issued or to be issued under this paragraph will also be subject to time vesting in two equal annual installments, on the first and second anniversaries of the last day of the fiscal year with respect to which they were granted, based on Employee’s continued employment with the Company (and subject to accelerated full vesting in the event of a Change in Control, Employee’s death, Disability, termination without Cause or resignation with Good Reason during the two year time vesting period). (b) If Employee’s employment is terminated pursuant to Sections 9.3, 9.4 or 9.6, Employee will be entitled to a pro-rata portion (determined based on the number of full and partial months of the fiscal year that have transpired prior to the date of termination) of the Performance Shares that otherwise would have been earned under this Section 5.3 for the fiscal year of termination (based on actual corporate and/or individual performance in that year, determined at the same time and in the same manner as would have otherwise been applicable in the absence of the termination). Such shares will be issued or released from escrow (as applicable, depending on whether awarded in the form of restricted stock units or restricted stock) at the same time as would have otherwise been applicable in the absence of the termination, provided that the time-based vesting requirement otherwise applicable to such pro-rata Performance Share award will be waived. (c) The Company’s obligations under this Section 5.3 will be...

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