Additional Equity-Based Compensation Sample Clauses

Additional Equity-Based Compensation. Commencing in calendar year 2007, the Executive shall be eligible to be considered for an award of stock options or other equity-based compensation under the Omnibus Plan and any successor or substitute for such plan (the “Stock Option Plan”) by the Committee (as defined in the Stock Option Plan) at such time as awards are granted to other senior executives of the Corporation. Each option and other equity-based award granted pursuant to the provisions of this Section 4(c) shall have such term and be subject to a vesting schedule as the Committee determines, provided: (i) such option to the extent outstanding and unexercisable shall become fully exercisable upon the death or disability of the Executive, (ii) such option to the extent outstanding and unexercisable shall become fully exercisable upon a Change in Control (as defined in the applicable Stock Option Plan) if the unexercisable portion of the option would otherwise terminate or cease to be enforceable, in whole or in part, by reason of such Change in Control and shall remain exercisable for at least one year thereafter but not beyond the expiration of the option term, and

Additional Equity-Based Compensation. (1) For the fiscal year of the Company ending in 2017, Executive shall be entitled to participate in all equity-based compensation programs, including any award of Performance Stock Units (“PSUs”), of the kind as may from time to time be awarded, extended, or made available, during the Regular Term, to other senior executives of the Company. Any such award made during or in respect of the fiscal year ending in 2017 shall not be prorated by virtue of the commencement during such fiscal year of the Transition Period and shall provide that (i) for vesting and other purposes, “employment” shall include not only continued service as an employee of the Company during the Regular Term and the Transition Period but also as a director of the Company and (ii) vesting shall accelerate if Executive ceases for any reason to be a director of the Company or there occurs a “change in control” (within the meaning of the award).

Additional Equity-Based Compensation. In addition to the grant of the Restricted Shares described in subsection (e), Executive shall be entitled to participate in all equity-based compensation programs, including any award of Performance Stock Units (“PSUs”), of the kind as may from time to time be awarded, extended, or made available, during the Regular Term, to other senior executives of the Company and, during the Transition Term, to the nonexecutive directors, in each case as the Board from time to time implements or determines is appropriate.