Common use of Ongoing Grants Clause in Contracts

Ongoing Grants. Executive shall be eligible to receive, solely in the discretion of the Board or the Committee, additional annual equity grants during the Employment Term.

Appears in 3 contracts

Sources: Employment Agreement (Valeant Pharmaceuticals International, Inc.), Employment Agreement (BIOVAIL Corp), Employment Agreement (Valeant Pharmaceuticals International)

Ongoing Grants. Executive shall be eligible to receive, solely in the discretion of the Board or the Committee, additional annual equity grants during the Employment Term.

Appears in 1 contract

Sources: Employment Agreement (Valeant Pharmaceuticals International, Inc.)