PGRT definition
Examples of PGRT in a sentence
The Share Incentive Plan initially provides, among other things, for the issuance from time to time to certain officers, directors and other employees of PGRT and Employer, including Executive, of share options.
In the event that Employer elects not to participate or take advantage of any such business opportunity, upon termination of Executive's employment with Employer for any reason, Executive shall be free to pursue such business opportunity, provided that such business opportunity does not cause any tenant to relocate from a facility owned and/or operated by Employer, PGRT or any of their respective subsidiaries.
PGRT has established a share incentive plan (the "Share Incentive Plan").
Increases in Base Compensation, if any, shall be determined by the Compensation Committee (the "Committee") of the Board of Trustees of PGRT (the "Board"), based on periodic reviews of Executive's performance conducted on at least an annual basis.
PGRT has established a share incentive plan (the "Share Incentive Plan") that will become effective prior to the completion of the initial public offering of shares of beneficial interests of PGRT contemplated by the Registration Statement.
Increases in Base Compensation, if any, shall be determined by the Compensation Committee (the “Committee”) of the Board of Trustees of PGRT (the “Board”) or the Chief Executive Officer of PGRT, based on periodic reviews of Executive’s performance conducted on at least an annual basis.
Further, during the Employment Term, Employer agrees to recommend Executive to be elected as a member of the Board of Trustees of PGRT (the "Board").
At all times during the term of this Agreement, PGRT shall be the general partner of Prime, unless, concurrently with the termination of PGRT's status as the general partner of Prime, PGRT agrees in writing to continue to be liable for the obligations of Prime under this Agreement to the same extent as if PGRT continued to be the general partner of Prime.
PGRT has established a share incentive plan ------------------------ (the "Share Incentive Plan").
Executive may terminate this Agreement upon thirty (30) days' written notice to Employer following any "change of control" of PGRT and a resulting "diminution event", each as defined below, but in no event later than two years after the change of control event.