Special Grant. On March 10, 2006, Executive was granted a special award under the LTIP of 116,109 performance restricted share units (the “Special Grant”). The Special Grant will be scheduled to vest and be settled in accordance with the performance criteria and vesting schedule set forth on Exhibit B of the applicable Special Grant Award Agreement. Notwithstanding the foregoing, this Special Grant was made contingent upon Executive and Company executing this Agreement by May 23, 2006. In the event this Agreement is not executed by Executive and the Company by May 23, 2006, Executive will forfeit the Special Grant.
Special Grant. Within 30 days of the Effective Time, or, if the Effective Time occurs during the two-month period prior to March 3, 2003, within 30 days thereafter, subject to the approval of the trustee (the “Trustees”) of Parent’s Restricted Share Plan (the “Plan”), the Executive will receive a one-time special retention grant of restricted shares of the Parent (the “Special Restricted Shares”) pursuant to the Plan, with a value equal to $10,000,000 (the “Restricted Share Value”), based on the closing price (the “Fair Market Value”), as of the date of grant of such Special Restricted Shares, of ordinary shares of the Parent on the principal stock exchange on which such shares are traded. The number of Special Restricted Shares granted shall be determined by dividing the Restricted Share Value by the Fair Market Value on the date of grant of such Special Restricted Shares. The Special Restricted Shares will vest with respect to 1/3 of the shares on each of the first three (3) anniversaries of the Effective Date, provided the Executive is still employed on each applicable vesting date. Upon a termination of employment of the Executive by the Company without Cause or by the Executive for Good Reason or by reason of his death or Disability, the Special Restricted Shares shall immediately vest. All other terms and conditions of the Special Restricted Shares will be governed by the Plan. To the extent the grant of Special Restricted Shares is not approved by the Trustees or would violate rules and regulations under the Plan or applicable law (the “Excess Amount”), the Executive will receive a one-time special cash bonus (the “Special Cash Bonus”) equal to the Excess Amount. The Special Cash Bonus, if any, will be paid to the Executive in three equal installments on each of the first three (3) anniversaries of the Effective Date, provided the Executive is still employed by the Company on each applicable anniversary. Upon a termination of employment of the Executive by the Company without Cause or by the Executive for Good Reason, the Special Cash Bonus shall immediately vest and be payable.
Special Grant. Effective as of the Effective Date, the Company shall grant the Executive 10,000 nonqualified stock options (“Options”). The Options shall vest in three equal increments on each of the first, second and third anniversaries of the Effective Date, subject to the Executive’s continued employment with the Company through the applicable vesting date; provided that, if the Executive’s employment is terminated by the Company without Cause or the Executive resigns with Good Reason, any unvested Options shall vest on the date of such termination, subject to the release of claims requirement in Section 5.4 or Section 6.2, as applicable. The exercise price of the Options shall equal the fair market value of the underlying common stock on the date of grant and the maximum term of the Options (subject to earlier expiration in connection with the Executive’s termination of employment) shall be six years. The Options shall be granted pursuant to the Company’s 2007 Stock Incentive Plan and the standard form of stock option agreement thereunder (as modified to reflect this Section 3.4(A).
Special Grant. The Executive will be granted a special award of RSUs which will be made following the Effective Date but prior to December 31, 2017. The award will cover a number of shares of the Company’s common stock determined by dividing $900,000 by the Share Price on the date of grant of the award, rounded to the nearest whole number (the “Special Time-Based Grant”). The Special Time-Based Grant will vest in three equal installments on each of December 31, 2018, December 31, 2019 and December 31, 2020, subject to continued employment with the Company through the respective vesting dates. The remaining terms of the Special Time-Based Grant (including any accelerated vesting), shall be as set forth in substantially the form of the Restricted Stock Unit Issuance Agreement attached hereto as Exhibit B.
Special Grant. You will be granted, at the next regularly scheduled meeting of the Committee which follows the execution of this Agreement, a special award under the LTIP of restricted stock units with a target value, determined by the Company pursuant to a reasonable and uniform methodology, equal to $2,000,000 on the date of grant, which will be scheduled to vest and be settled in accordance with the applicable vesting schedule provided in the applicable award agreement under the LTIP.
Special Grant. You have been awarded a special grant (the ------------- "Special Grant") under Viacom's 1997 Long-Term Management Incentive Plan (the "l997 LTMIP") of stock options to purchase One Hundred Thousand (100,000) shares of Viacom's Class B Common Stock, effective as of May 25, 2000 (the "Date of Special Grant"), with an exercise price of $54.0625 for each share (the closing price of the Class B Common Stock on the NYSE on the date of grant). The Special Grant shall vest in three equal installments on the first, second and third anniversaries of the Date of Special Grant.
Special Grant. The License grant shall contain access by Licensee to certain software elements listed as follows:
Special Grant. Effective on the Date of Grant, Tidewater hereby grants to the Employee an additional restricted stock award of [ ] shares of Common Stock (the “Special Grant” and, together with the 2011 Grant, the “Restricted Stock”) under the 2006 Plan, subject to the terms, conditions, and restrictions set forth in the 2006 Plan and in this Agreement.
Special Grant. Subject to the terms and conditions set forth herein, you have been awarded a special grant (the “Special Grant”) of stock in the amount of Five Million (5,000,000) shares of Odyssey’s Class A Common Stock, effective as of January 1, 2010 (the “Date of Special Grant”) . The Special Grant shall be distributed in three equal installments with the first, being made on or before March 31, 2011, and second and third distributed on January 31, 2012 and January 31, 2013. The Special Grant is not barred by Sections 8(b), 8(c) or 9, nor must you be an employee of Odyssey on such distribution date to be eligible to receive such installment.
Special Grant. Executive will receive a special one-time equity grant comprised of Restricted Stock Units (RSUs) valued at $100,000. This special grant will occur in 2023 in conjunction with the Annual Stock Grant. RSUs shall vest over a period of twenty-four (24) months, with one-half vesting on the one-year anniversary of the Vesting Commencement Date, with the remaining one-half vesting on the second anniversary of the vesting Commencement Date, rounded down to the nearest whole share; provided, that with respect to the last installment, the number of RSUs that vest in the installment shall become fully vested in the total number of RSUs described herein.
