Incentive Plan definition
Examples of Incentive Plan in a sentence
The Share Consideration shall be governed by the Boost Run 2025 Incentive Award Incentive Plan (“Incentive Plan”) and any award agreement required by the Incentive Plan, provided, however, that this Agreement shall govern if it conflicts with provisions of the Incentive Plan.
Unless otherwise provided in the Equity Incentive Plan or pursuant to a Unit grant agreement, Common Units that are Non-Voting Units issued under the Equity Incentive Plan shall represent solely an economic interest in the LLC.
With respect to each fiscal year of the Company that commences during the Employment Period beginning with fiscal year 2027, you will be eligible to receive an annual long-term incentive award under the Incentive Plan with a grant date value and terms and conditions as determined by the Committee.
The Board of Directors of Fusemachines Inc., a Delaware corporation (the “Company”), adopted the 2025 Omnibus Equity Incentive Plan (the “Plan”) effective as of October 22, 2025 (the “Effective Date”), as set forth herein.
Following the Effective Date, the Board of Managers may adopt an Equity Incentive Plan (the “Equity Incentive Plan”) or a Bonus Profit Plan (the “Bonus Profit Plan”, and together with the Equity Incentive Plan the “Plans”) in a form acceptable to the Board of Managers and, except as set forth in Section 3.11, without the requirement that either Plan be approved by the Members.