Equity Program. The Executive shall be eligible to participate in equity incentive programs established by the Company from time to time in the future to provide stock options and other equity-based incentives to key employees of the Company. All such stock options and other equity-based incentives shall be awarded in the discretion of the Board pursuant to the terms of the Company’s Amended and Restated 2014 Incentive Compensation Plan and/or such other plans as shall from time to time be established by the Company (the “Equity Plan”).
Equity Program. Executive shall be considered an eligible employee for purposes of participation in the Monsanto Company Long-Term Incentive Plan, or any successor thereto, with such participation to be on terms and conditions comparable to those applicable to other executives eligible to participate in such plan.
Equity Program. Executive shall receive an award of restricted stock units under the Warner Bros. Discovery, Inc. Stock Incentive Plan or a successor plan (the “Stock Plan”) on the next business day following the Effective Date (the “Promotion RSUs”). The Promotion RSUs shall vest over a period of almost three (3) years, in three (3) substantially equal installments beginning on the first anniversary of the Effective Date, the second anniversary of the Effective Date, and with the third installment vesting on a date no later than the day before the third anniversary of the Effective Date. The Promotion RSUs shall otherwise be subject to the terms and conditions of the Stock Plan and implementing award agreement. In all cases the Promotion RSUs shall vest by the end of the Term of Employment. The number of Promotion RSUs shall be calculated by dividing the target value of Two Million Dollars ($2,000,000) by the closing price of Warner Bros Discovery, Inc. shares on July 14, 2022, rounded up to the nearest whole share. Subject to the approval of the Compensation Committee of the Board of Directors of Warner Bros. Discovery, Inc., which Company shall use good faith efforts to obtain, beginning in 2023 (i.e., the first annual grant shall be made during the normal grant cycle in 2023) and for the balance of the Term of Employment, Executive shall receive an annual equity award under the Stock Plan at an annual target value of Eight Million Five Hundred Thousand Dollars ($8,500,000) during the normal annual grant cycle in accordance with Company’s then-standard practices and procedures for awards to Senior Executives (the “Annual Equity Grant”). The equity instruments, terms and conditions, and calculation of number of awards shall be based on Company’s then-standard practices and procedures for awards to Senior Executives. In the award agreements granting the Promotion RSUs and any Annual Equity Grant, Company hereby agrees to provide that if an Approved Transaction, Control Purchase, or Board Change, as such terms are defined in the Stock Plan (each a “Change in Control”), occurs before such equity award has vested and provided that there is an equitable substitution or replacement for the equity award in connection with a Change in Control, the vesting of the equity award shall fully accelerate as a result of the Change in Control only if (i) within 12 months after the Change in Control, (A) the Company or a Subsidiary (as defined in the Stock Plan) terminates Executive’s em...
Equity Program. Executive shall be entitled to participate in the Company’s equity program as described on Exhibit A attached hereto.
Equity Program. At Closing under the Purchase Agreement, in addition to any rollover equity issued to the Executive at that Closing (the “Rollover Equity”), Safety Products Holdings, Inc. or its parent company shall issue to Executive 4.25% of its fully diluted equity (the “Incentive Equity”). The Rollover Equity and the Incentive Equity shall be subject to the terms of an agreement to be negotiated by the parties that will be substantially consistent with those terms set forth in the term sheet attached hereto as Exhibit C.
Equity Program. Executive will be recommended for equity awards in the first quarter of 2014 as follows:
Equity Program. Executive will be recommended for an award of performance-based restricted stock units (“PRSUs”) under the Discovery Communications, Inc. 2013 Incentive Plan, or a successor plan (the “Stock Plan”), within 60 days after Executive’s execution of this Agreement. The award, which is subject to approval by the Compensation Committee, will be based on a target value of TWO MILLION DOLLARS ($2,000,000), with the number of PRSUs based on the target value divided by the fair market value of a share of Series A common stock of Discovery Communications, Inc. on the trading day prior to the date of grant. The award will be subject to the terms and conditions of the Stock Plan and the implementing award agreement(s), with 50% vesting on July 31, 2017 and 50% on July 31, 2018 (in both cases assuming satisfaction of the applicable performance metrics and the other terms and conditions of the award). Executive will be considered for future equity awards in accordance with the Company’s standard practices and procedures for awards to senior executives. The Company represents that the Compensation Committee has reviewed and approved in concept the terms of this Agreement, including the target value of the equity award in this Section.
Equity Program a. The following is hereby added at the end of Section III(D): “The Compensation Committee has reviewed the appropriate annual equity target for Executive for the annual award to be made in Q1 2018 and has determined that the target value shall be THREE MILLION DOLLARS ($3,000,000), and Executive shall be recommended for an award of that target value in the annual equity cycle in Q1 2018. The equity instruments, terms and conditions, and calculation of number of units shall be based on Company’s standard practices and procedures for awards to senior executives at Executive’s level.”
Equity Program. Vendor must be committed to addressing equity issues and utilizing their scooter service to expand mobility to people facing financial and technological barriers. To support public knowledge of these options, vendors must create and distribute print publications and a webpage explaining their cash payment options, phone access, program qualifications (if any), and how residents can access scooters via these methods.
Equity Program. Executive will be recommended for a long-term incentive equity award of performance-based Restricted Stock Units (“PRSUs”) under the Discovery Communications, Inc. 2005 Incentive Plan (the “Stock Plan”) within 60 days after Executive’s execution of this Agreement. The award, which is subject to approval by the Equity Compensation Subcommittee of the Compensation Committee, will be based on a target award value of FOUR HUNDRED THOUSAND DOLLARS ($400,000), with the number of PRSUs to be based on the target value divided by the fair market value of a share of Series A common stock of Discovery Communications, Inc. on the date of
