Employee Equity Incentive Plan Sample Clauses

Employee Equity Incentive Plan. Any awards or modifications to awards under the Company’s 2010 Stock Incentive Plan (as may be amended from time to time, the “Stock Plan”) after the date hereof shall be approved by the Board of Directors, including a majority of the non-employee directors, or a Compensation Committee of the Board of Directors of the Company, if so designated. Unless otherwise approved by the Board of Directors (including a majority of the Preferred Directors (as defined in the Certificate of Incorporation) after the date hereof) or the Compensation Committee, (A) all awards to Founders under the Stock Plan shall be subject to vesting as follows: (i) 25% to vest on the first anniversary of the date of grant or the commencement of service, with the remaining 75% to vest in equal monthly installments over the next 36 months thereafter and the agreements evidencing such awards shall contain “Market Stand Off” agreements having terms that are substantially comparable to the terms of Section 1.13 above, and (ii) in the event that there is a Liquidation Event (as defined in the Certificate of Incorporation), 100% acceleration upon such Liquidation Event, and (B) all awards other than awards to Founders under the Stock Plan shall be subject to vesting as follows: (i) 25% to vest on the first anniversary of the date of grant or the commencement of service, with the remaining 75% to vest in equal monthly installments over the next 36 months thereafter and the agreements evidencing such awards shall contain “Market Stand Off” agreements having terms that are substantially comparable to the terms of Section 1.13 above, and (ii) in the event that there is a Liquidation Event (as defined in the Certificate of Incorporation), 100% acceleration upon such Liquidation Event, and (B) all awards other than awards to Founders under the Stock Plan shall be subject to vesting as follows: 25% to vest on the first anniversary of the date of grant or the commencement of service, with the remaining 75% to vest in equal monthly installments over the next 36 months thereafter and the agreements evidencing such awards shall contain “Market Stand Off” agreements having terms that are substantially comparable to the terms of Section 1.13 above. Any increase in the number of shares reserved for issuance under the Stock Plan shall require the approval of the Board of Directors (including a majority of the Preferred Directors). The Board of Directors (including a majority of the Preferred Directors) may a...
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Employee Equity Incentive Plan. The Plan Investor to reserve ten percent of the Plan Investor’s Closing Shares (calculated on a fully-diluted basis) for issuance pursuant to an employee equity incentive plan to be adopted by the Plan Investor Board following the Closing.
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Employee Equity Incentive Plan. The Parties acknowledge that the Company has implemented a share participation plan (SPP) and an employee stock option plan (ESOP), together the «Plans» and agree to cause the Company, in the Board’s discretion, to continue to grant up to (i) 28,412 stock options with respect to the acquisition of up to 28,412 Common Shares with a par value of CHF 0.1 per Common Share or (ii) 28,412 Common Shares, each with a par value of CHF 0.1, under the Plans (the «Stock Options»); it being understood that, at the signing of this Agreement, 6,600 options have been granted to employees of the Company of which none have been exercised by Employee shareholders. To source the Common Shares issuable upon exercise of the Stock Options, the Company has a conditional share capital of CHF 2,847.20 allowing for the issuance of 28,472 Common Shares, as set forth in Articles (the «Conditional Capital»). The Common Shares needed for the Stock Options shall be exclusively sourced from the existing Conditional Capital.
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Employee Equity Incentive Plan. Subject to approval by the board of directors of D-Wave Corporate, you will be entitled to participate in the 2020 Equity Incentive Plan of D-Wave Corporate (the “Plan”) in accordance with the terms of the Plan. After your employment with the Company has commenced, the CEO will recommend to the board of directors of D-Wave Corporate that you be granted an option to purchase Common Shares (as defined below) under the Plan (the “Award”) as follows:
Sample 1
Employee Equity Incentive Plan. Any awards or modifications to awards under the Company’s 2010 Stock Incentive Plan (the “Stock Plan”) shall be approved by the Board of Directors or the Compensation Committee. Unless otherwise approved by the Board of Directors or the Compensation Committee, all awards under the Stock Plan shall be subject to vesting as follows: (i) twenty-five percent (25%) to vest on the first anniversary of the date of grant, with the remaining seventy-five percent (75%) to vest in equal monthly installments over the next thirty-six (36) months thereafter, and (ii) in the event that there is a Liquidation Event (as defined in the Company’s Restated Certificate ), one hundred percent (100%) acceleration upon such Liquidation Event but with payment (net of taxes) deferred until a date six (6) months following the date of the Liquidation Event. Any increase in the number of shares reserved for issuance under the Stock Plan shall require the approval of the Board of Directors. The Board of Directors or the Compensation Committee may suspend or terminate the Stock Plan or any portion thereof at any time.
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Employee Equity Incentive Plan. The Company may adopt an equity incentive plan for employees of any JV Company.
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Related to Employee Equity Incentive Plan

  • Equity Incentive Plan The Option is a Nonqualified Option and subject to each and every provision of the Equity Incentive Plan which are incorporated by reference herein, as well as the terms and provisions set forth in this Stock Option Agreement and Notice of Grant (this “Stock Option Agreement”). The Equity Incentive Plan shall govern and be conclusive as to all matters not expressly provided for in this Stock Option Agreement. In the event of any conflict between the terms of this Stock Option Agreement and the Equity Incentive Plan, the terms of this Stock Option Agreement shall govern. All capitalized terms contained herein which are not otherwise defined herein shall have the meanings ascribed to them in the Equity Incentive Plan. By accepting the Option you agree to be bound by the provisions of the Equity Incentive Plan and this Stock Option Agreement. A copy of the Equity Incentive Plan has been previously provided to you.

  • Equity Incentive Plans Each stock option granted by the Company under the Company’s equity incentive plan was granted (i) in accordance with the terms of the Company’s equity incentive plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s equity incentive plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Equity Incentive Subject to the terms of any applicable agreement, [a] the Executive may exercise any outstanding stock options that are vested when the Executive became Disabled and [b] those that would have been vested on the last day of the fiscal year during which the Executive becomes Disabled if the Executive had not become Disabled.

  • Equity Incentives To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms thereof.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Equity Incentive Awards Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board. In the event of a Change of Control (as defined in the Redwood Trust, Inc. Executive Deferred Compensation Plan) in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in the ongoing equity and other long-term awards and programs of the Company as determined in the sole discretion of the Board or a committee thereof.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Equity Plan In the event the Company adopts an equity incentive plan or program (the "Equity Plan") for its key executives, the Executive shall be entitled to participate in the Equity Plan from and after the effective date thereof in accordance with the terms and conditions of such plan.

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