Stock Incentives. Executive shall be eligible to receive restricted shares of the common stock of the Company under the Company’s 2006 Stock Incentive Plan (the “Incentive Plan”) subject to the terms and conditions of such plan and as granted by the Compensation Committee. If the Company terminates Executive’s employment for any reason other than Cause pursuant to Section 5(b), all restricted stock held by Executive shall immediately vest, subject to the terms and conditions of the Incentive Plan.
Appears in 4 contracts
Samples: Employment Agreement (Dynamic Materials Corp), Employment Agreement (Dynamic Materials Corp), Employment Agreement (Dynamic Materials Corp)
Stock Incentives. Executive shall be eligible to receive restricted shares of the common stock of the Company under the Company’s 2006 Stock Incentive Plan (the “Incentive Plan”) subject to the terms and conditions of such plan and as granted by the Compensation Committee. If the Company terminates Executive’s employment for any reason other than Cause pursuant to Section 5(b), all restricted stock held by Executive shall immediately vest, subject to the terms and conditions of the Incentive Plan.
Appears in 2 contracts
Samples: Employment Agreement (Dynamic Materials Corp), Employment Agreement (Dynamic Materials Corp)
Stock Incentives. Executive shall be eligible to receive restricted shares of the common stock Common Stock of the Company under the Company’s 2006 Stock Incentive Plan (the “Incentive Plan”) subject to the terms and conditions of such plan and as granted by the Compensation Committee. If the Company terminates Executive’s employment for any reason other than Cause pursuant to Section 5(b), all restricted stock held by Executive shall immediately vest, subject to the terms and conditions of the Incentive Plan.
Appears in 2 contracts
Samples: Employment Agreement (Dynamic Materials Corp), Employment Agreement (Dynamic Materials Corp)
