Common use of Equity Plan Participation Clause in Contracts

Equity Plan Participation. The Executive shall be eligible to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during the Term and shall receive awards, in such amounts and subject to such terms, as determined by the Committee.

Appears in 7 contracts

Samples: Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Summit Hotel Properties, Inc.)

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Equity Plan Participation. The Executive shall be eligible entitled to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during by the Term Company in which the Company's executives generally are permitted to participate. The terms and conditions of the Executive's participation in, and/or any award under, any such plan shall receive awards, be in such amounts and subject accordance with the applicable controlling plan document and/or award agreement. The number and/or price of any equity-based award granted to such terms, as the Executive shall be determined by the CommitteeBoard.

Appears in 3 contracts

Samples: Employment Agreement (ORBCOMM Inc.), Employment Agreement (ORBCOMM Inc.), Employment Agreement (ORBCOMM Inc.)

Equity Plan Participation. The Executive shall be eligible entitled to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during the Term and shall receive awards, in such amounts and subject to such terms, as determined by the CommitteeCompany in which the Company’s executives generally are permitted to participate. The terms and conditions of the Executive’s participation in, and/or any award under, any such plan shall be in accordance with the applicable controlling plan document and/or award agreement.

Appears in 2 contracts

Samples: Employment Agreement (ORBCOMM Inc.), Employment Agreement (ORBCOMM Inc.)

Equity Plan Participation. The Executive shall be eligible entitled to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during by the Term Company in which the Company’s senior executives generally are permitted to participate. The terms and conditions of the Executive’s participation in, and/or any award under, any such plan shall receive awards, be in such amounts and subject accordance with the applicable controlling plan document and/or award agreement. The number and/or price of any equity-based award granted to such terms, as the Executive shall be determined by the CommitteeBoard.

Appears in 2 contracts

Samples: Employment Agreement (ORBCOMM Inc.), Employment Agreement (ORBCOMM Inc.)

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Equity Plan Participation. The Executive shall be eligible to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during the Term and shall be eligible to receive awards, in such amounts and subject to such terms, as determined by the Committee.

Appears in 1 contract

Samples: Employment Agreement (Summit Hotel Properties, Inc.)

Equity Plan Participation. The Executive shall be eligible to participate in the Company’s 2011 Equity Incentive Plan and any subsequent equity incentive plan established during the Term (the “Equity Plan”) and shall receive awards, in such amounts and subject to such terms, as determined by the Committee.

Appears in 1 contract

Samples: Employment Agreement (Summit Hotel Properties, Inc.)

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