Option Award Agreements Sample Clauses

Option Award Agreements. Parent shall have executed Incentive Stock Option Award Agreements with the Option Holders in the form attached as Exhibit 2.04(B).
Sample 1
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Option Award Agreements. The terms and conditions relating to the treatment of the common stock of Burger King Worldwide, Inc. (“BKW”) held by Executive and the option awards in respect of the common stock of BKW are as described in the Burger King Worldwide Holdings, Inc. 2011 Omnibus Incentive Plan and the Burger King Worldwide, Inc., 2012 Omnibus Incentive Plan (collective, the “Equity Plan”), and the award agreements issued to Executive pursuant to such Equity Plan (each, an “Award Agreement” and collectively, the “Award Agreements”), as such Equity Plan and/or Award Agreements may have been amended from time to time. Notwithstanding the foregoing, if the Company terminates Executive’s employment Without Cause or if Executive resigns for Good Reason pursuant to Section 3(a) or 3(b) of this Amendment, then as of the effective date of such termination or resignation, Executive shall be vested in the number of options to purchase shares of common stock of BKW as if the said options vested in the percentages identified for each Award Agreement in the column below titled “% Vested if Accelerated under Amendment”. The accelerated vesting provided in this Section 4 and the table set forth below is contingent upon Executive’s execution and delivery of the Separation Agreement and General Release described in Section 11(f)(i) of the Employment Agreement: Award Description Grant Date Cliff Vesting Date (pursuant to Award Agreement) % Vested if Accelerated under Amendment) 2012 Bonus Swap Matching Options 3/01/2013 12/31/2017 15 % 2011 Bonus Swap Matching Options 02/21/2012 12/31/2016 35 % Option Award 02/03/2011 10/19/2015 75 %
Sample 1

Related to Option Award Agreements

  • Award Agreements Each SAR grant shall be evidenced by an Award Agreement in such form as the Committee may approve and shall contain such terms and conditions not inconsistent with other provisions of the Plan as shall be determined from time to time by the Committee.

  • Award Agreement Each Option shall be evidenced by an Award Agreement that shall specify the Exercise Price, the expiration date of the Option, the number of Shares to which the Option pertains, any conditions to exercise of the Option, and such other terms and conditions as the Committee, in its discretion, shall determine. The Award Agreement shall specify whether the Option is intended to be an Incentive Stock Option or a Non-qualified Stock Option.

  • Stock Option Award Within the 60-day period following the Start Date, Executive will receive an award of stock options to purchase Common Stock (the “Options”). The terms and conditions of the Options will be governed by Parent’s 2010 Equity Incentive Plan and the Stock Option Agreement in substantially the form attached hereto as Exhibit A. The number of shares covered by such Options shall equal 50,000. The Options shall have a per share exercise price equal to the fair market value per share of such Option on the date of grant, as determined by the Board.

  • Grant Agreement) This represents the status at the time of signature of this Consortium Agreement.

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Modifications to the Award Agreement This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units.

  • Option Grants During the Employment Period, Executive shall be eligible to participate in the Instinet 2000 Stock Option Plan (as the same may be amended and in effect from time to time, the "2000 Option Plan") and any subsequent stock option plan maintained by the Company for its senior executives, subject to the review and approval of the Compensation Committee. The terms and conditions of all options to purchase shares of common stock granted to Executive under the 2000 Option Plan or under any prior or subsequent stock option plan maintained by the Company or its Affiliates (including any options granted to Executive prior to the Commencement Date) (collectively, the "Options"), including the grant, vesting, exercise, payment and all other terms of such Options, shall be governed by the terms of the stock option plan under which such Options were granted, as such plan or plans may be amended and in effect from time to time.

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

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