Long-Term Incentive Plans. The Executive shall be eligible to participate in the Company’s 2014 Omnibus Incentive Plan or other long-term cash or equity incentive plans with awards of cash, stock options, restricted stock, restricted stock units, performance-based awards, or other awards as determined by the Compensation Committee. The Executive shall be eligible for a long-term incentive plan target of up to fifty percent (50%) of the Executive’s then Base Salary, or a greater amount determined by the Compensation Committee, subject to the achievement of certain performance goals and subject to terms and conditions of the applicable plan as in effect from time to time.
Appears in 4 contracts
Samples: Executive Employment Agreement (Radius Bancorp Inc.), Executive Employment Agreement (First Trade Union Bancorp Inc.), Executive Employment Agreement (Radius Bancorp Inc.)
