Sign-On Equity Awards definition
Examples of Sign-On Equity Awards in a sentence
The Sign-On Equity Awards shall be subject to the terms and conditions set forth in the Company’s standard award agreement for the applicable type of award and shall be subject to the terms of the 2007 Plan or the new equity incentive award plan, as applicable.
Except as otherwise provided in this paragraph, the terms of the Sign-On Equity Awards shall be consistent with the terms of the Plan applicable to Strategic Performance Shares and the award agreements thereunder, and Employee’s grant under this Section 3(b) shall be subject to Employee’s execution of such applicable agreements.
The Sign-On Equity Awards shall be subject to the terms and conditions set forth in the Company’s standard award agreement for the applicable type of award and shall be subject to the terms of the 2007 or the new equity incentive award plan, as applicable.
In such event, the Sign-On Equity Awards will remain payable on the Sign-On Equity Award Vesting Dates provided in Appendix A, subject to any delay required by Section 409A of the Code as described in Section 16 of this Agreement.
It is contemplated that the terms and conditions of the Sign-On Equity Awards (including, without limitation, the form of award(s), vesting schedule, performance objectives, restrictive provisions, etc.) will be substantially similar to the terms and conditions applicable to the sign-on equity awards granted to the CEO.
In addition, any unvested portion of the Sign-On Equity Awards shall be forfeited immediately as of the termination date.
The Sign-On Equity Awards will be subject to the Equity Plan and will be memorialized in (and subject to the terms of) written award agreements approved by the Board.
The Sign-On Equity Awards shall be subject to the terms and conditions set forth in the Company’s standard award agreement for the applicable type of award and shall be subject to the terms of the 2017 Plan.
If Executive terminates his employment without Good Reason or is terminated by the Company for Cause after the first anniversary of the Effective Date but prior to the second anniversary of the Effective Date, Executive shall be required to repay the Company the gross amount of the (i) the guaranteed Annual Bonus for the 2015 fiscal year, and (ii) the grant-date value of all Sign-On Equity Awards that vested during such period.
Each of the Sign-On Equity Awards shall be evidenced by a written award agreement substantially in the form attached hereto as Exhibit A.