Common use of Incentive Programs Clause in Contracts

Incentive Programs. All stock options or equity awards granted by the Corporation shall vest 100% upon the effective date of the Change in Control. In addition, following a Qualifying Termination, and notwithstanding anything to the contrary in the Corporation's stock option plans and the Executive's stock option agreements, Executive shall have the full term set forth in the stock option agreements to exercise such options (irrespective of termination of employment).

Appears in 5 contracts

Samples: Employment Contract (Sense Holdings Inc), Employment Contract (Sense Holdings Inc), Employment Agreement (Sense Holdings Inc)

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Incentive Programs. All stock options or equity awards granted by the Corporation shall vest 100% upon the effective date of the Change in Control. In addition, following a Qualifying Termination, and notwithstanding anything to the contrary in the Corporation's stock option plans and the ExecutiveCTO's stock option agreements, Executive Financial shall have the full term set forth in the stock option agreements to exercise such options (irrespective of termination of employment).

Appears in 1 contract

Samples: Employment Agreement (Sense Holdings Inc)

Incentive Programs. All stock options or equity awards granted by the Corporation Company shall vest 100% upon the effective date of the Change in Control. In addition, following a Qualifying Termination, and notwithstanding anything to the contrary in the Corporation's stock option plans and the Executive's stock option agreementsCompany’s Stock Option Plan, Executive shall have the full term set forth in the stock option agreements to exercise such options (irrespective of termination of employment).

Appears in 1 contract

Samples: Employment Agreement (Next Inc/Tn)

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Incentive Programs. All stock options or equity awards granted by the Corporation shall vest 100% upon the effective date of the Change in Control. In addition, following a Qualifying Termination, and notwithstanding anything to the contrary in the Corporation's stock option plans and the ExecutiveCFO's stock option agreements, Executive CFO shall have the full term set forth in the stock option agreements to exercise such options (irrespective of termination of employment).

Appears in 1 contract

Samples: Employment Agreement (Sense Holdings Inc)

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