Stock Incentive Agreement definition

Stock Incentive Agreement means an agreement between the Company and a Participant or other documentation evidencing an award of a Stock Incentive.

Stock Incentive Agreement means an agreement between the Company, a Parent or a Subsidiary, and a Participant evidencing an award of a Stock Incentive.

Stock Incentive Agreement means a (1) written agreement between the Company and a Participant evidencing an award of a Stock Incentive or (2) an electronic notice of award grant in a form approved by the Company and recorded by the Company in an electronic recordkeeping system used for the purpose of tracking award grants under the Plan generally and, if required by the Committee, executed or otherwise electronically accepted by the recipient of the award in such form and manner as the Committee may require.

Examples of Stock Incentive Agreement in a sentence

• Exercise or vesting of a Stock Incentive granted in connection with another Stock Incentive may result in a pro rata surrender or cancellation of any related Stock Incentive, as specified in the applicable Stock Incentive Agreement or Stock Incentive Program.

• Notwithstanding the foregoing, a Stock Incentive Agreement may provide for more limited transferability than is described above.

• Each Stock Incentive Agreement or Stock Incentive Program is subject to the terms of the Plan and any provisions contained in the Stock Incentive Agreement or Stock Incentive Program that are inconsistent with the Plan are null and void.

• Unless the Stock Incentive Agreement provides otherwise, the withholding of shares to satisfy federal, state and local withholding tax requirements shall be a subsequent transaction approved by the original grant of a Stock Incentive.

• Each Option granted under the Plan shall be evidenced by a Stock Incentive Agreement.

• If a Stock Incentive Agreement so provides, a Participant may be granted a new Option to purchase a number of shares of Stock equal to the number of previously owned shares of Stock tendered in payment of the Exercise Price (as defined below) for each share of Stock purchased pursuant to the terms of the Stock Incentive Agreement.

• Each Stock Appreciation Right granted under the Plan must be evidenced by a Stock Incentive Agreement.

• Each Option granted under the Plan must be evidenced by a Stock Incentive Agreement.

• Upon settlement of a Stock Appreciation Right, the Company must pay to the Participant the appreciation in cash or shares of Stock (valued at the aggregate Fair Market Value on the date of payment or exercise) as provided in the Stock Incentive Agreement or, in the absence of such provision, as the Committee may determine.

• During the period that the Custodian holds the shares subject to this Section, the Participant is entitled to all rights, except as provided in the applicable Stock Incentive Agreement or Stock Incentive Program, applicable to shares of Stock not so held.

More Definitions of Stock Incentive Agreement

Stock Incentive Agreement means an agreement between the Company and a recipient evidencing an award of Stock Incentive.

Stock Incentive Agreement means an agreement between the Company and a Participant evidencing an award of a Stock Incentive, including a Stock Option Agreement, a Stock Appreciation Right Agreement, or a Restricted Stock Award Agreement.

Stock Incentive Agreement means an agreement between the Company and a Participant or other documentation evidencing an award of an Option.

Stock Incentive Agreement means a written agreement between the Company and a Participant evidencing a Stock Incentive.

Stock Incentive Agreement means an agreement between the Company, or ServisFirst Bank if prior to November 29, 2007, the effective date of the Plan of Reorganization and Agreement of Merger, and a Participant or other documentation evidencing an award of a Stock Incentive.

Stock Incentive Agreement means an agreement between the ------------------------- Company and a Participant or other documentation evidencing the grant of a Stock Award.