Examples of Employee Equity Agreement in a sentence
In the event that restrictions on transfer or change in beneficial ownership of Units set forth herein or in any applicable Employee Equity Agreement have been breached, the Company may withhold distributions in respect of the affected Units until such breach has been cured.
Without limiting any other rights of the Company, the Company may, subject to the approval of the Board, issue Units to existing or new employees, officers, directors, consultants or other service providers of the Company or any of its Subsidiaries, or a designee of any such employee or service provider approved by the Company, pursuant to an Employee Equity Agreement approved by the Board, which agreement shall contain such provisions as the Board shall determine.
The Company may make the Residual Units issued to Management Unitholders and any issuance thereof and any applicable Employee Equity Agreement subject to the terms and conditions of any other equity incentive plan consistent with the terms of this Agreement, as may have been adopted by the Company.
Further, for purposes of such Employee Equity Agreement, “management control acquisition” is defined as a sale of CII with respect to which (i) immediately prior to such sale of CII, Dan Caruso is serving CII as chief executive officer and (ii) after giving effect to the consummation of the sale of CII, Dan Caruso is the chief executive officer of the combined company resulting from such sale of CII.
Students gaining probationary status must meet the academic eligibility requirements of the Iowa High School Athletic Association and the Iowa Girls High School Athletic Union.If a student does not meet the above standards, he/she will become ineligible until such time as he/she completes a trimester in which he/she meets the above standards.
The Participation Threshold with respect to a Capital Incentive Unit shall be equal to (or, to the extent provided in such Management Unitholder's Employee Equity Agreement, greater than) the Fair Market Value of a Class B Unit on the date of grant of such Capital Incentive Unit.
Set fort on Exhibit 4.8 is a list of the aggregate amount needed to satisfy in full all of Commercial Air's obligations pursuant to each of the Employee Equity Agreements listed on Exhibit 4.8 (each of such agreements shall be referred to individually herein as an "Employee Equity Agreement", and the total amount necessary to satisfy in full all obligations pursuant to an Employee Equity Agreement shall be referred to as the "Employee Equity Agreement Amount").
The Parent shall deliver each of the cash Employee Equity Agreement Amounts and instruct the Parent's transfer agent to issue the shares of Parent Common Stock constituting a portion of each of the Employee Equity Agreement Amounts.