Common use of Long-Term Incentive Clause in Contracts

Long-Term Incentive. You will be eligible to receive long-term incentive awards pursuant to the terms of the Xxxxx Inc. Omnibus Incentive Plan (the “Omnibus Plan”) (or any successor plan thereto). Long-term incentive awards will be granted at the discretion of the Compensation Committee. Your outstanding profits units in the Company (as replaced by profits units in Weber HoldCo LLC) shall remain outstanding and subject to their terms and conditions (collectively, your “Prior Equity Interests”).

Appears in 6 contracts

Samples: Letter Agreement (Weber Inc.), Letter Agreement (Weber Inc.), Letter Agreement (Weber Inc.)

AutoNDA by SimpleDocs

Long-Term Incentive. You will be eligible to receive long-term incentive awards pursuant to the terms of the Xxxxx Inc. Omnibus Incentive Plan (the “Omnibus Plan”) (or any successor plan thereto). Long-term incentive awards will be granted at the discretion of the Compensation Committee. Your outstanding profits units and common units in the Company (as replaced by profits units and common units in Weber HoldCo Holdco LLC) shall remain outstanding and subject to their terms and conditions (collectively, your “Prior Equity Interests”).

Appears in 1 contract

Samples: Letter Agreement (Weber Inc.)

Long-Term Incentive. You will be eligible to receive long-term incentive awards pursuant to the terms of the Xxxxx Inc. Omnibus Incentive Plan (the “Omnibus Plan”) (or any successor plan thereto). Long-term incentive awards will be granted at the discretion of the Compensation Committee. Your outstanding profits units and common units in the Company (as replaced by profits units and common units in Weber HoldCo LLC) shall remain outstanding and subject to their terms and conditions (collectively, your “Prior Equity Interests”).

Appears in 1 contract

Samples: Letter Agreement (Weber Inc.)

AutoNDA by SimpleDocs

Long-Term Incentive. You will be eligible to receive long-term incentive awards pursuant to the terms of the Xxxxx Inc. Omnibus Incentive Plan (the “Omnibus Plan”) (or any successor plan thereto). Long-term incentive awards will be granted at the discretion of the Compensation Committee. Your outstanding profits units and common units in the Company (as replaced by profits units and common units in Weber HoldCo Holdco LLC) shall remain outstanding and subject to their terms and conditions (collectively, your "Prior Equity Interests").. July 9, 2021 Xxxxx-Xxxxxxx Products LLC

Appears in 1 contract

Samples: Letter Agreement (Weber Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.