Participation in Equity-Based Plans Sample Clauses

Participation in Equity-Based Plans. The Executive shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to executives of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans.
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Participation in Equity-Based Plans. The Employee shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to employees of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. Employee’s 2020 equity grant shall have a grant value of 250% of Employee’s Base Salary or such other amount as approved by the Board and based on the terms, conditions and targets set forth by the Compensation Committee. The equity awards shall be subject to change and approval by the Compensation Committee and the terms of the Plan and the provisions set forth in any applicable award agreements.
Participation in Equity-Based Plans. The Executive shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to executives of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) (the “Plan”) and other bonus or incentive compensation plans. For 2009, the Company shall award the Executive shares of restricted stock or options having a fair market value of $300,000 on the date of the award (the “Equity Award”). The Equity Award shall be subject to the terms and provisions of the Plan and the provisions set forth in a restricted stock agreement or option agreement (as applicable). The Equity Award shall vest in four equal annual installments, subject to the Executive being an employee of the Company on each such scheduled vesting date and that 50% of the Equity Award will be subject to vesting based on Company performance criteria to be determined by the Compensation Committee.
Participation in Equity-Based Plans. The Executive shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to executives of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. Executive’s 2013 equity grant shall have a grant date value of two times Executive’s Base Salary with annual grants thereafter having a grant value of one times Executive’s Base Salary or such other amount as approved by the Board. Executive’s 2013 equity grant shall be in the form of 50% restricted stock vesting over four years and 50% stock options vesting over four years if performance targets set by the Board are met. The equity awards shall be subject to the terms and provisions of the Plan and the provisions set forth in a restricted stock agreement or option agreement (as applicable).
Participation in Equity-Based Plans. During the Employment Period, the Employee shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by Parent) for the purpose of providing compensation and/or benefits to employees of Parent including, but not limited to, Parent’s 2017 Incentive Award Plan (or any successor plan or plans) (the “Plan”) and other bonus or incentive compensation plans. The equity awards shall be subject to change and approval by the Compensation Committee and the terms of the Plan and the provisions set forth in any applicable award agreements.
Participation in Equity-Based Plans. The Employee shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to employees of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. Annual equity grants for Executive Vice Presidents currently have a value of 125% of Base Salary, subject to Board approval. For 2017, Employee shall be granted on the Date of Hire $230,000 under the 2017 grants terms (50% of the grant in the form of restricted stock vesting over four years and 50% of the grant in the form of options vesting over three years upon the meeting of annual performance targets). Additionally, you will be granted an on-hire grant of $200,000 of restricted stock vesting ratably over three years commencing from the Date of Hire. Equity awards will be subject to the terms of the equity-based employee benefit plan and any applicable award documents.
Participation in Equity-Based Plans. The Employee shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to employees of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. Annual equity grants for Senior Vice Presidents currently have a value of 100% of Base Salary, subject to Board approval. Equity awards will be subject to change and approval by the Compensation Committee and the terms of the equity-based employee benefit plan and any applicable award documents. Upon execution of this Agreement, the Employee shall receive a full year grant for 2017 based on the terms, conditions and targets set forth by the Compensation Committee for the equity grants made to other senior executives of the Company.
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Participation in Equity-Based Plans. During the Employment Period, the Executive shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to executives of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. The parties anticipate that in respect of fiscal 2009, and subject to action at the discretion of the Compensation Committee and the Company’s and the Executive’s performance during relevant periods, the Executive’s level of participation in (and the value of awards to the Executive under) the Company’s 2006 Equity Incentive Plan shall approximate the level (and value) of his predecessor’s participation therein in respect of 2008 plus such percentage increase as the Compensation Committee may approve in respect of overall participation levels by executive officers generally.
Participation in Equity-Based Plans. The Employee shall be entitled to participate in all equity-based employee benefit plans maintained from time to time during the term of this Agreement (including, without limitation, any such plans as may hereafter established by the Company) for the purpose of providing compensation and/or benefits to employees of the Company including, but not limited to, the Company’s 2006 Equity Incentive Plan (or any successor plan or plans) and other bonus or incentive compensation plans. Employee’s annual equity grant shall have a grant value of 125% of Employee’s Base Salary or such other amount as approved by the Compensation Committee of the Board. Employee’s equity grants shall be in the form of 50% restricted stock vesting over four years and 50% stock options priced at a premium to the market price at grant, vesting over three years, or such other amounts, forms and terms as shall be approved by the Compensation Committee of the Board. The equity awards shall be subject to the terms and provisions of the Plan and the provisions set forth in a restricted stock agreement or option agreement (as applicable). Employee shall receive a promotion equity grant of $172,500 on such terms as may be approved by the Compensation Committee of the Board.

Related to Participation in Equity-Based Plans

  • Participation in Plans Notwithstanding any other provision of this Agreement, the Executive shall have the right to participate in any and all of the plans or programs made available by the Company (or it subsidiaries, divisions or affiliates) to, or for the benefit of, executives (including the annual stock option and restricted stock grant programs) or employees in general, on a basis consistent with other senior executives.

  • Participation in Benefit Plans The Executive shall be eligible to participate in the employee benefit plans and programs maintained by the Company from time to time for its executives, or for its employees generally, including without limitation any life, medical, dental, accidental and disability insurance and profit sharing, pension, retirement, savings, stock option, incentive stock and deferred compensation plans, in accordance with the terms and conditions as in effect from time to time.

  • Participation in Retirement and Employee Benefit Plans The Employee shall be entitled to participate in all plans relating to pension, thrift, profit-sharing, group life and disability insurance, medical and dental coverage, education, cash bonuses, and other retirement or employee benefits or combinations thereof, in which the Bank's executive officers participate.

  • Participation in Employee Benefit Plans The Executive shall be permitted during the Term, if and to the extent eligible, to participate in any group life, hospitalization or disability insurance plan, health program, or any pension plan or similar benefit plan of the Company, which is available generally to other senior executives of the Company.

  • Employee Participation The Employer will assist employees' participation in health promotion and health education programs. Health promotion and health education programs that have been endorsed by the Employer (Minnesota Management & Budget) will be considered to be non-assigned job-related training pursuant to Administrative Procedure 21. Approval for this training is at the discretion of the Appointing Authority and is contingent upon meeting staffing needs in the employee's absence and the availability of funds. Employees are eligible for release time, tuition reimbursement, or a pro rata combination of both. Employees may be reimbursed for up to one hundred (100) percent of tuition or registration costs upon successful completion of the program. Employees may be granted release time, including the travel time, in lieu of reimbursement.

  • Eligibility for Group Participation This section describes eligibility to participate in the Group Insurance Program.

  • Equity-Based Awards For each calendar year during the Term, the Executive shall be eligible to participate in and receive equity-based awards under the Company’s 2014 Stock Incentive Plan, and any and all successor or replacement plans as may be determined by the Board or the Committee (collectively, “Incentive Plan”).

  • Participation Rights (a) Until the earlier of (i) such time as there is no SL Director serving on the Board of Directors and the Purchaser is no longer entitled to designate a director nominee pursuant to Section 4.07 and (ii) the eighteen (18) month anniversary of the Closing Date, whenever the Company or any of its Subsidiaries proposes to issue, directly or indirectly (including, through any underwriters) any Additional Securities that are not Excluded Securities (such proposed issuance, an “Additional Investment”), the Company will consult with the Purchaser reasonably in advance of undertaking such issuance and, if and only if the Purchaser notifies the Company within five (5) Business Days following such consultation of its preliminary interest in receiving an offer to participate in such issuance (which indication shall not be binding upon the Purchaser), the Company will provide written notice of such proposed issuance to the Purchaser (an “Offer Notice”) at least ten (10) Business Days prior to the proposed date of the purchase agreement, investment agreement or other agreement (the “Additional Investment Agreement”). Each Offer Notice shall include the applicable purchase price per security for such Additional Investment, the aggregate amount of the proposed Additional Investment and the other material terms and conditions of such Additional Investment, including the proposed closing date. The Offer Notice shall constitute the Company’s offer to issue such Additional Investment to the Purchaser substantially on the terms and conditions specified in the Offer Notice, which offer shall be irrevocable for five (5) Business Days following the date the Offer Notice is received by the Purchaser (the “Participation Notice Period”). The Purchaser may elect to purchase up to all of the Additional Securities on the terms proposed; provided that to the extent the issuance of Additional Securities to the Purchaser would result in a Stockholder Approval Requirement, the Purchaser may elect to purchase up to an amount of Additional Securities that would not cause the Stockholder Approval Requirement. If the Company believes the issuance of Additional Securities to the Purchaser would result in a Stockholder Approval Requirement, the Company shall notify the Purchaser reasonably in advance of undertaking such issuance, and the Company will consider in good faith any proposed revisions made by the Purchaser to the terms of the proposed Additional Investment that (i) would only be applicable to the Purchaser, (ii) would not result in the Company needing to obtain stockholder approval in connection with the Additional Investment as a result of the issuance of Additional Securities to the Purchaser and (iii) are not, in the aggregate, materially adverse to the terms of the Additional Investment. If the Purchaser elects to purchase all or a portion of such Additional Investment specified in the Offer Notice, the Purchaser shall deliver to the Company during the Participation Notice Period a written notice stating the aggregate amount of the proposed Additional Investment that the Purchaser offers to purchase (the “Participation Notice”). Notwithstanding the foregoing, in the event that the Company is seeking stockholder approval for any Third Party in connection with the Additional Investment or for any other matter that may be needed to consummate the proposed issuance of Additional Securities, then the Company shall also seek stockholder approval in connection with the issuance of the Additional Securities to the Purchaser.

  • Company Participation Subject to Section B.6, the Company shall not be liable to indemnify the Indemnitee under this Agreement with regard to any judicial action if the Company was not given a reasonable and timely opportunity, at its expense, to participate in the defense, conduct and/or settlement of such action.

  • Participation in Retirement, Medical and Other Plans The Executive shall participate in any plan that the Company maintains for the benefit of its employees if the plan relates to (i) pension, profit-sharing, or other retirement benefits, (ii) medical insurance or the reimbursement of medical or dependent care expenses, or (iii) other group benefits, including disability and life insurance plans.

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