Common use of Equity Compensation Awards Clause in Contracts

Equity Compensation Awards. During the Term, the Executive will be eligible to participate in the Company’s equity incentive compensation plan as in effect from time to time (the “RSU Plan”). Beginning on the Commencement Date and continuing throughout the Term, the Executive shall be eligible for awards under the RSU Plan with the aggregate annual target value of such awards equal to $3,460,000 (with an annual Part A RSU target award value of $1,730,000 and an annual Part B RSU target award value of $1,730,000), which will be granted pursuant to the terms of the RSU Plan as in effect from time to time and such other terms and conditions as determined by the Board or the Compensation Committee in its sole discretion. Any awards to the Executive under the RSU Plan shall be evidenced by and subject to the terms and conditions of the Company’s standard forms of award agreement applicable generally to the senior leadership team of the Company as in effect from time to time, and as modified to conform to the terms and conditions this Agreement. The specific structures of the Part A and Part B RSU awards are approved by the Compensation Committee and are modified from time to time.

Equity Compensation Awards. During the Term, the Executive will be eligible to participate in the Company’s equity incentive compensation plan as in effect from time to time (the “RSU Plan”). Beginning on the Commencement Date and continuing throughout the Term, the Executive shall be eligible for awards under the RSU Plan with the aggregate annual target value of such awards equal to $3,460,000 4,260,000 (with an annual Part A RSU target award value of $1,730,000 2,130,000 and an annual Part B RSU target award value of $1,730,0002,130,000), which will be granted pursuant to the terms of the RSU Plan as in effect from time to time and such other terms and conditions as determined by the Board or the compensation committee thereof (the “Compensation Committee Committee”) in its sole discretion. Any awards to the Executive under the RSU Plan shall be evidenced by and subject to the terms and conditions of the Company’s standard forms of award agreement applicable generally to the senior leadership team of the Company as in effect from time to time, and as modified to conform to the terms and conditions this Agreement. The specific structures of the Part A and Part B RSU awards are approved by the Compensation Committee and are modified from time to time.”