Common use of Restricted Equity Clause in Contracts

Restricted Equity. Employee shall receive 200,000 Class A Units (collectively, the “Equity Award”) of the Company pursuant to the terms of the BJ Services, LLC Class A Unit Incentive Plan (the “Plan”). If there are any conflicts between the terms of the Plan and this Employment Agreement with respect to such Equity Award, the terms of the Plan shall control.

Appears in 1 contract

Sources: Employment Agreement (BJ Services, Inc.)

Restricted Equity. Employee shall receive 200,000 450,000 Class A Units (collectively, the “Equity Award”) of the Company pursuant to the terms of the BJ Services, LLC Class A Unit Incentive Plan (the “Plan”). If there are any conflicts between the terms of the Plan and this Employment Agreement with respect to such Equity Award, the terms of the Plan shall control.

Appears in 1 contract

Sources: Employment Agreement (BJ Services, Inc.)

Restricted Equity. Employee shall receive 200,000 325,000 Class A Units (collectively, the “Equity Award”) of the Company pursuant to the terms of the BJ Services, LLC Class A Unit Incentive Plan (the “Plan”). If there are any conflicts between the terms of the Plan and this Employment Agreement with respect to such Equity Award, the terms of the Plan shall control.

Appears in 1 contract

Sources: Employment Agreement (BJ Services, Inc.)