Incentive Share definition
Examples of Incentive Share in a sentence
In addition, Employee shall become fully vested in any and all outstanding deferred share awards, share options and any other type of award made to Employee but not yet vested at the time of such termination under the Employer’s Incentive Share Plans.
The Option is intended to be either a Non-qualified Share Option (i.e., not an Incentive Share Option) or an Incentive Share Option within the meaning of Section 422 of the Code, as indicated above, although the Company makes no representation or guarantee that the Option will qualify as an Incentive Share Option.
Executive understand that as of the date of this Agreement, the only equity-based plan offered by Employer is the Incentive Share Option Plan.
Such persons shall receive no compensation from the Company for their services to the Company in any such capacities, except that the Company may make awards to the employees of the Manager and others under the Company’s 2009 Incentive Share Award Plan or any equity plan adopted by the Company from time to time.
Incentive Share Awards shall provide for the issuance of Shares to a Grantee at such times and subject to such terms and conditions as the Committee shall deem appropriate, including without limitation terms that condition the issuance of Shares upon the achievement of Performance Goals.