Examples of Parent Stock Incentive Plan in a sentence
Notwithstanding the foregoing, prior to the forfeiture of the Stock Incentive Employees' Parent Performance Shares, the Stock Incentive Employees shall be paid all dividends and other distributions accrued with respect to such Parent Performance Shares through and including the Distribution Date including any dividend paid in shares of Company which will be paid in accordance with the terms of the Parent Stock Incentive Plan including withholding for applicable taxes.
At or prior to the Distribution Date, Company shall establish the Company Stock Incentive Plan for the benefit of Company Employees who hold outstanding awards under the Parent Stock Incentive Plan at the Distribution Date and such other Company Employees as are designated by the Company to benefit under such Plan (such employees are referred to hereinafter as the "Stock Incentive Employees").
In addition to the Parent Proposal, Parent, unless relying on the NYSE’s “new hire” exception, shall also include in the Proxy Statement a proposal for an amendment (“Plan Amendment”) to the Parent Stock Incentive Plan increasing the number of shares of Parent Common Stock that are available to be issued under Parent’s 2001 Stock Incentive Plan (the “Parent Stock Incentive Plan”).
As demonstrated, the market first scenario assumes very large increases in these countries’ economic growth, compared with the past two decades.
As of the date of this Agreement and after giving effect to the Pre-Merger Parent Transactions, (i) 2,730,821 shares of Parent Common Stock are issued and outstanding, including 246,614 shares of Parent Common Stock awarded under the Parent Stock Incentive Plan; and (ii) no shares of Parent Preferred Stock are issued and outstanding.
In connection with the Distribution, Spinoff Deferred Stock was granted as of the Effective Time in accordance with the Employee Matters Agreement to certain holders of Former Parent deferred stock who made an election to defer payment pursuant to the Former Parent Stock Incentive Plan.
All holders of Company Restricted Stock are employees, consultants or advisers of Parent and entitled to receive awards of Parent Restricted Stock under the Parent Stock Incentive Plan.
All options to purchase shares of Parent Common Stock were granted under the Gemstar International Group Limited 1994 Stock Incentive Plan (the "Parent Stock Incentive Plan").