Incentive Equity Awards. During the Employment Period, and for so long as the Company offers an incentive equity plan similar to the Company’s 2021 Incentive Equity Plan (the “Incentive Equity Plan”), Executive will be eligible to receive grants under each such Incentive Equity Plan, the specific amount of which shall be in the sole discretion of the Company’s Board or the compensation committee thereof, as applicable. In addition, Company and Employee agree that as consideration for entering into this Agreement:
Incentive Equity Awards. In connection with your ongoing employment, the Company may propose to the Board from time to time, that a stock option grant be made to you of Company’ common stock pursuant to the Company’s 2018 Equity Incentive Plan (the “Proposed Grant”). Any Proposed Grant will be subject to the terms and conditions of a Option Agreement to be entered into by you and the Company. Your ownership of the common stock will be subject to a vesting schedule and will be contingent on your continued employment or continuous service as a consultant or advisor with the Company.
Incentive Equity Awards. During the Employment Period, Executive shall be eligible to participate in the Company’s 2006 Stock Incentive Plan and any successor or replacement plan, in accordance with the terms of the Stock Plan and any applicable grants (except as provided herein), at a level determined by the Compensation Committee.
Incentive Equity Awards. You were recently granted an option to acquire 69,940 shares of common stock of the Parent and restricted stock units with respect to 36,450 shares of common stock of the Parent, each pursuant to separate award agreements. In the event of a Change in Control, all outstanding and unvested Parent Incentive Equity (as defined below) held by you shall become vested and, in the case of options, exercisable, as of immediately prior to the occurrence of the Change in Control.
Incentive Equity Awards. In the event of a Change in Control, all outstanding and unvested Parent Incentive Equity (as defined below) held by you shall become vested and, in the case of options, exercisable, as of immediately prior to the occurrence of the Change in Control.
Incentive Equity Awards. The Executive has previously received equity awards pursuant to the Original Agreement.
Incentive Equity Awards. Subject to approval by the Board, and as a material inducement to you entering into employment with the Company, the Company will grant to you an option to purchase 201,800 shares of the Company’s common stock at a price per share equal to the fair market value per share of the Company’s common stock on the date of grant (the “Proposed Grant”). The Proposed Grant will be subject to a vesting schedule as follows: one quarter of the shares subject to the option will vest on the first anniversary of the Start Date, and following that, 1/36th of the remaining shares subject to the option will vest on a monthly basis, contingent on your continued employment with the Company. In connection with your ongoing employment, the Company may propose to the Board from time to time, that a stock option grant be made to you of Company’ common stock pursuant to the Company’s 2018 Equity Incentive Plan (an “Additional Grant”). Any Proposed Grant or Additional Grant will be subject to the terms and conditions of an Option Agreement to be entered into by you and the Company. Your ownership of the common stock will be subject to a vesting schedule and will be contingent on your continued employment or continuous service as a consultant or advisor with the Company. The Board may also, in its discretion, award you additional stock option grants or other equity awards subject to time based and/or performance based vesting. The terms of the equity incentive plan and any associated award agreement (collectively the “Equity Documents”) shall apply to any equity grant. In the event of any conflict between the terms set forth in this Agreement and the terms of the Equity Documents, the terms of the Equity Documents shall control.
Incentive Equity Awards. (i) The Company shall grant to Executive (A) as a sign-on bonus thirty days following the parties’ execution of this Agreement (the “0000 XXX Grant”), 235,000 restricted stock units; and (B) thereafter on June 30, 2007 (the “0000 XXX Grant” and collectively with the 0000 XXX Grant, the “Special RSU Grants” and each individually, a “Special RSU Grant”) (the respective date each Special RSU Grant is made, the “Grant Date” thereof) restricted stock units in a number equal to (x) $8 million divided by (y) the average closing price per share of the Company’s common stock for the 30-day period preceding the Grant Date of the 0000 XXX Grant (such closing prices, in each case, as reported in the Wall Street Journal for those dates during such 30-day period on which the principal national stock exchange or quotation system on which the Company’s stock is traded is open for business). Each Special RSU Grant shall be granted under and subject to the terms and conditions of the Company’s 2003 Incentive Compensation Plan, as amended and restated, or an applicable successor plan (in either case, the “Equity Plan”) and a restricted stock unit agreement in the form attached hereto as Exhibit A to be entered into with respect to such Special RSU Grant by and between the Company and Executive (each, an “RSU Agreement”), provided, however, that the parties hereby agree, and the RSU Agreements shall respectively provide, that the 0000 XXX Grant shall vest with respect to twenty-five percent (25%) of the shares of common stock subject to the 0000 XXX Grant on December 31, 2006 and each subsequent December 31st through December 31, 2009, and that the 0000 XXX Grant shall vest with respect to one third (1/3) of the shares of common stock subject to the 0000 XXX Grant on December 31, 2007 and each subsequent December 31st through December 31, 2009, subject to certain provisions relating to accelerated vesting and forfeiture as described in this Agreement, the applicable RSU Agreement and the Equity Plan; provided, however, that, notwithstanding anything to the contrary set forth in the Equity Plan, in the RSU Agreements, in this Agreement or in any other Company plan or policy, it is hereby agreed that this Agreement (or any written amendment hereto signed by Executive and the Company that expressly states that it supersedes this proviso) and the RSU Agreement in the form of Exhibit A hereto contain the only provisions regarding forfeiture that shall apply to the Special RSU Gran...
Incentive Equity Awards. On January 21, 2016, in consideration of his agreement to serve as the Company’s Chief Executive Officer, the Executive was granted (i) a nonqualified stock option under Addus HomeCare’s 2009 Stock Incentive Plan (the “2009 Incentive Plan”) to purchase 150,000 shares of Addus HomeCare’s common stock, par value $0.001 per share (“Common Stock”), and (ii) 10,000 restricted shares of Common Stock under the 2009 Incentive Plan.
Incentive Equity Awards. A pro-rated amount of outstanding unvested Phantom Stock Units (“PSUs”) awarded pursuant to that certain Phantom Stock Unit Award Agreement, dated February 6, 2019, between Employee and the Company (“PSU Agreement”) shall vest in accordance with this Section 2(c). The 69,444 PSUs granted pursuant to the PSU Agreement are comprised of 17,361 Time-Vesting Phantom Stock Units and 52,083 Performance-Based Phantom Stock Units. Any capitalized term in this Section 2(c) not otherwise defined herein shall have the meaning set forth in the PSU Agreement. The Company and Employee agree and acknowledge that the PSUs that shall vest under the PSU Agreement shall be calculated as follows:
