Common use of Incentive Awards Clause in Contracts

Incentive Awards. On or about the Effective Date (or previously), the Company will make (or has made) a grant of restricted stock, stock options, restricted stock units, stock appreciation rights and/or similar stock-based awards to Executive as a long-term incentive for performance and in consideration for entering into this Agreement. Executive shall be entitled to further grants of incentive awards as determined by the Compensation Committee.

Appears in 8 contracts

Samples: Employment Agreement (American Safety Insurance Holdings LTD), Employment Agreement (American Safety Insurance Holdings LTD), Employment Agreement (American Safety Insurance Holdings LTD)

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Incentive Awards. On or about the Effective Date (or previouslyearlier upon Executive’s hire date), the Company will make (or has made) made a grant of restricted stock, stock options, restricted stock units, stock appreciation rights and/or similar stock-based awards to Executive as a long-term incentive for performance and in consideration for entering into this Agreement. Executive shall be entitled to further Further grants of incentive awards as determined by may be made to Executive in future years at the discretion of the Compensation CommitteeCommittee of the Board.

Appears in 3 contracts

Samples: Employment Agreement (Ndchealth Corp), Employment Agreement (Ndchealth Corp), Employment Agreement (Ndchealth Corp)

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Incentive Awards. On or about the Effective Date (or previouslyearlier upon Executive's hire date), the Company will make (or has made) made a grant of restricted stock, stock options, restricted stock units, stock appreciation rights and/or similar stock-based awards to Executive as a long-term incentive for performance and in consideration for entering into this Agreement. Executive shall be entitled to further Further grants of incentive awards as determined by may be made to Executive in future years at the discretion of the Compensation CommitteeCommittee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Per Se Technologies Inc)

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