Equity Incentives definition

Equity Incentives shall have the meaning set forth in Section 6(a)(iii) of this Agreement.

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Equity Incentives. “Consolidated Net Income”

Equity Incentives has the meaning set forth in the definition of “Consolidated Net Income.”

Examples of Equity Incentives in a sentence

• The vested Equity Incentives as of the date of your death shall be exercisable by your estate or assignees until the earliest of (x) twelve (12) months following the Termination Date; (y) the scheduled expiration date of the Equity Incentives; or (z) the date on which the Equity Incentives are canceled (and not substituted or assumed) pursuant to a Change in Control or merger or acquisition or similar transaction involving the Company.

• The vested Equity Incentives as of the Termination Date shall be exercisable by you until the earliest of (x) twelve (12) months following the Termination Date; (y) the scheduled expiration date of the Equity Incentives; or (z) the date on which the Equity Incentives are canceled (and not substituted or assumed) pursuant to a Change in Control or merger or acquisition or similar transaction involving the Company.

• The Executive shall remain entitled to all benefits under the Company’s tax-qualified retirement plans and shall remain eligible for certain benefits under other employee benefit plans (including, without limitation, any plans providing for Equity Incentives), in each case subject to, and in accordance with, the terms of such plans.

• Equity Incentives that are performance based will immediately vest at the Target Level, as defined in the current Incentive Plan.

• After such termination, Employee shall be entitled, for a period of three years to exercise his Equity Incentives as to any then vested, including any options vesting within one year of termination as provided in the next sentence, notwithstanding any other applicable provision contained in any option agreement.

More Definitions of Equity Incentives

Equity Incentives. As a long-term incentive, not later than March 15 of each calendar year during the Term beginning in 2015, Executive shall be eligible to receive long-term equity compensation awards as determined by the Compensation Committee at a target level of no less than Executive’s Total Cash Compensation. For purposes of this Agreement, “Total Cash Compensation” means the sum of (i) Executive’s Base Salary for the prior calendar year, provided that, for purposes of determining Total Cash Compensation in 2015, the 2015 Base Salary shall be used, and (ii) the greater of the Bonuses paid to Executive in either of the prior two calendar years, whether such Bonuses were paid by the Company or its predecessor. All such equity compensation awards, if any, shall be subject to the terms and conditions determined by the Compensation Committee and the award agreements pursuant to which they are granted, as modified by this Agreement.”

Equity Incentives means any options, restricted stock, restricted stock units and/or other comparable equity type incentive products as the Compensation Committee may grant or award (based on factors deemed relevant by the Compensation Committee or the Board, in each case in consultation with the Chief Executive Officer; including, without limitation, the Ladder Companies’ financial performance relative to budget) pursuant to the Omnibus Incentive Plan of LCC Corporation to be adopted by LCC Corporation on or about the IPO Date (such Omnibus Incentive Plan as may be amended from time to time, the “LCC Omnibus Incentive Plan”). In addition, in the event Executive resigns for any reason from Executive’s position as an employee of the Company pursuant to Section 4(a) hereof on a date that is on or after the date five (5) years after the IPO Date and if as of the Employment Termination Date (as herein defined) Executive’s years of service with the Company plus Executive’s age equals at least 60, then (i) any unvested Equity Incentives of Executive that vest solely based on time including, without limitation, any of Executive’s applicable Annual Incentive Grants, shall vest effective as of Executive’s Employment Termination Date and (ii) any unvested Equity Incentives of Executive that vest based on performance will continue to be outstanding from and after the Employment Termination Date (and will not be forfeited on the Employment Termination Date), and will be eligible to vest after the Employment Termination Date based on the particular performance vesting criteria that is applicable to such unvested Equity Incentives.

Equity Incentives means options, stock, stock units and/or other comparable equity type incentive products as may be granted or awarded by LCC to any employee or director of any Ladder Company, including any such options, stock, stock units and/or other comparable equity type incentive products as may be granted or awarded pursuant to the LCC Omnibus Incentive Plan.

Equity Incentives refers collectively to all Stock Options, RSUs, or Other Share-Based Awards;

Equity Incentives has the meaning set forth in Section 4.10(f).

Equity Incentives. Executive shall be granted 21% of the Stock Option Pool. The terms of those options are set forth on Exhibit A. Repurchase Rights: Following the termination of employment, Holdings may have the right to repurchase all or any portion of the securities owned by the Executive on terms provided on Exhibit B attached hereto. Under certain circumstances following the termination of employment, Executive shall have the option to sell and Holdings shall purchase all or any portion of the securities owned by the Executive on customary terms on terms provided on Exhibit B.

Equity Incentives has the meaning set forth in Section 4.10(f). “Estimated Closing Cash” has the meaning set forth in Section 1.5(a). “Estimated Closing Indebtedness” has the meaning set forth in Section 1.5(a). “Estimated Closing Net Working Capital” has the meaning set forth in Section 1.5(a). “Estimated Closing Net Working Capital Adjustment” means, (i) if the Estimated Closing Net Working Capital is an amount between the Target Working Capital Bottom Collar and the Target Working Capital Top Collar, US$ 0, (ii) if the Estimated Closing Net Working Capital is an amount equal to or greater than the Target Working Capital Top Collar, an amount equal to Estimated Closing Net Working Capital minus Target Working Capital, or (iii) if the Estimated Closing Net Working Capital is an amount equal to or less than the Target Working Capital Bottom Collar, an amount equal to Estimated Closing Net Working Capital minus Target Working Capital. “Estimated Purchase Price” has the meaning set forth in Section 1.4. “Estimated Transaction Expenses” has the meaning set forth in Section 1.5(a). “Excluded Employees” has the meaning set forth in Section 4.10(a).