Stock-Based Awards. The Parent has established the 2004 Stock Incentive Plan ("Stock Incentive Plan") for the benefit of the employees of the Parent and its subsidiaries. Subject to the terms and conditions of the Stock Incentive Plan, the Executive shall be eligible to participate in the Stock Incentive Plan, and shall be eligible to receive annual stock option and/or restricted stock awards under the Stock Incentive Plan. The Compensation Committee shall approve any such awards made to the Executive pursuant to the Stock Incentive Plan.
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Samples: Employment Agreement (KMG America CORP), Employment Agreement (KMG America CORP), Employment Agreement (KMG America CORP)
Stock-Based Awards. The Parent has and the Company have established the 2004 Stock Incentive Plan ("“Stock Incentive Plan") for the benefit of the employees of the Parent and its subsidiaries”). Subject to the terms and conditions of the Stock Incentive Plan, the Executive shall be eligible to participate in the Stock Incentive Plan, and shall be eligible to receive annual stock option and/or restricted stock awards under the Stock Incentive Plan. The Compensation Committee shall approve any such awards made to the Executive pursuant to the Stock Incentive Plan.
Appears in 2 contracts
Samples: Employment Agreement (KMG America CORP), Employment Agreement (KMG America CORP)
Stock-Based Awards. The Parent has established the 2004 Stock Incentive Plan ("“Stock Incentive Plan"”) for the benefit of the employees of the Parent and its subsidiaries. Subject to the terms and conditions of the Stock Incentive Plan, the Executive shall be eligible to participate in the Stock Incentive Plan, and shall be eligible to receive annual stock option and/or restricted stock awards under the Stock Incentive Plan. The Compensation Committee shall approve any such awards made to the Executive pursuant to the Stock Incentive Plan.
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