Incentive Plan Awards Sample Clauses

Incentive Plan Awards. At any time VEI issues one or more shares of Class A Stock pursuant to an Incentive Plan, whether such share or shares are issued upon exercise of an option, settlement of a restricted stock unit, as restricted stock or otherwise, the Company shall issue to VEI a corresponding number of Class A Units; provided, that VEI shall be required to concurrently contribute the net proceeds (if any) received by VEI from or otherwise in connection with such corresponding issuance of one or more shares of Class A Stock, including the exercise price of any option exercised, to the Company. If any such shares of Class A Stock so issued by VEI in connection with an Incentive Plan are subject to vesting or forfeiture provisions, then the Class A Units that are issued by the Company to VEI in connection therewith in accordance with the preceding provisions of this Section 3.1(h) shall be subject to vesting or forfeiture on the same basis (and, if any of such shares of Class A Stock vest or are forfeited, then a corresponding number of the Class A Units issued by the Company in accordance with the preceding provisions of this Section 3.1(h) shall automatically vest or be forfeited). Any cash or property held by either VEI or the Company or on either’s behalf in respect of dividends paid on restricted Class A Stock that fails to vest shall be returned to the Company upon the forfeiture of such restricted Class A Stock.
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Incentive Plan Awards. On the Effective Date, Corporation shall grant to Officer 150,000 restricted shares of Corporation’s common stock which will vest in whole on December 31, 2021, subject to the terms of a restricted stock agreement, substantially in the form customarily used by Corporation for grants of restricted stock to officers, to be executed as of the Effective Date. Following such grant of restricted stock, Officer acknowledges and agrees that he will not be an “Eligible Person”, as such term is defined in the 2015 Stock Incentive Plan, and will not be eligible to receive cash bonus compensation or future awards or other benefits under the Incentive Plans. Unvested awards granted on or prior to the Effective Date shall be governed by the terms of the Incentive Plans and any restricted stock agreements between Corporation and Officer, as applicable.
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Incentive Plan Awards. Any equity awards (including stock options and restricted stock awards) previously granted to Executive shall be governed by the terms of their respective award agreements. Executive shall not be entitled to a bonus for 2018.
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Incentive Plan Awards. These amounts represent the number of shares covered by performance based restricted stock awards granted by Digimarc on January 2, 2007. The grant date fair value of this award was determined by Digimarc using a Monte Carlo valuation model that resulted in a substantial discount to the fair market value of Digimarc's common stock on the date of grant, based on the probability weighting of the specified performance goal.
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Incentive Plan Awards 
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Related to Incentive Plan Awards

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the General Partner from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the General Partner, the Partnership or any of their Affiliates or from issuing REIT Shares, Capital Shares or New Securities pursuant to any such plans. The General Partner may implement such plans and any actions taken under such plans (such as the grant or exercise of options to acquire REIT Shares, or the issuance of restricted REIT Shares), whether taken with respect to or by an employee or other service provider of the General Partner, the Partnership or its Subsidiaries, in a manner determined by the General Partner, which may be set forth in plan implementation guidelines that the General Partner may establish or amend from time to time. The Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the General Partner, amendments to this Agreement may become necessary or advisable and that any approval or Consent to any such amendments requested by the General Partner shall be deemed granted by the Limited Partners. The Partnership is expressly authorized to issue Partnership Units (i) in accordance with the terms of any such stock incentive plans, or (ii) in an amount equal to the number of REIT Shares, Capital Shares or New Securities issued pursuant to any such stock incentive plans, without any further act, approval or vote of any Partner or any other Persons.

  • Awards (1) The tribunal, in its award, shall set out its findings of law and fact, together with the reasons therefore, and may, at the request of a Contracting Party, award the following forms of relief:

  • Stock Incentives Executive shall be entitled to such vesting or other benefits as are provided by the award agreement pertaining thereto.

  • Stock Incentive Plan Executive shall be eligible for awards under the Employer’s Stock Incentive Plan. The type, timing and size of awards will be at the discretion of the Board of Directors.

  • Equity Incentive Awards Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board. In the event of a Change of Control (as defined in the Redwood Trust, Inc. Executive Deferred Compensation Plan) in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Equity Awards “Equity Awards” will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

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