Management Equity Program definition

Management Equity Program any management equity plan, stock incentive plan or other management or employee benefit plan or agreement, or any combination thereof, pursuant to which a pool of Shares or other equity securities of the Company or any of its Subsidiaries has been authorized for issuance to members of management and/or other employees or consultants of the Company and its Subsidiaries.
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Management Equity Program means that program instituted by the Company to provide management with Common Stock that will not exceed an aggregate of 7% of the aggregate outstanding Company Common Stock (measured on a Fully Diluted basis).(1)
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Management Equity Program means the compensation program providing for 10% of the New Common Stock to be reserved under the Plan. The Management Equity Program will consist of grants of equity, restricted stock or options. As soon as reasonably practicable after the Effective Date, the Board of Directors of Reorganized DASI or any compensation committee thereof shall determine the terms of and implement the Management Equity Program.
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Examples of Management Equity Program in a sentence

  • The recommended equity award is expected to be presented for review and approval within ninety (90) days of the first date of employment and would be issued pursuant and subject to the Equity Incentive Plan and a form of agreement for similarly situated employees of the Management Equity Program, which outline the vesting schedule and other terms.

  • Management Equity Program (MEP) As a top leader in the company, you will be eligible to receive equity grants under our Management Equity Program.

  • In any one Management Equity Program Award Agreement, a Participant shall not be allowed to waive his base salary or any bonuses for more than a three (3) year period, except that bonuses may be waived over a longer period as may be required, up to the maximum of a ten (10) year period.

  • Loans to certain employees by the Company in connection with the Management Equity Program.

  • Employee shall be entitled to a grant of [non-qualified stock options] [restricted stock] under the [Norcross Safety Products L.L.C. Management Equity Program (the “Equity Program”)] on , 2005, equal to [ ] percent of the Norcross Safety Products L.L.C.’s fully diluted equity [at an exercise price of $ per share].

  • The receipt of the Options pursuant to the Management Equity Program shall be subject to such terms and conditions as determined by the Committee in its sole and absolute discretion and as set forth in a Management Equity Program Award Agreement.

  • In addition to any other Award granted to a Participant under the Plan, the Committee may, in its sole and absolute discretion, select one or more Participants to participate in the Management Equity Program.

  • A Participant selected to participate in the Management Equity Program shall receive Awards of Options in exchange for the Participant's irrevocable waiver of a designated amount or percentage of the Participant's base salary or any bonuses otherwise payable during the period the waiver is in effect.

  • Any and all rules or procedures adopted by the Committee pursuant to the preceding sentence shall be in writing and shall be communicated to all Participants selected by the Committee for participation in the Management Equity Program.

  • Pursuant to the 1997 Management Equity Program Award Agreement, dated November 4, 1996, as amended (the "1997 MEP Agreement"), Executive had the right to receive 59,574 options as a result of his election to restructure his compensation package by reducing his compensation.


More Definitions of Management Equity Program

Management Equity Program means the issuance to Delphax executives and managers at the Closing of stock options to purchase a total of 1,200,000 shares of Common Stock that vest ratably over 3 years, expire after 6 years and have a strike price of $0.3347 per share.
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Related to Management Equity Program

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Company Equity Plan means, collectively, (a) the Amended and Restated Cerevel Therapeutics, Inc. 2018 Equity Incentive Plan, (b) the Cerevel Therapeutics, Inc. 2020 Equity Incentive Plan and (c) each other plan that provides for the award to any current or former director, manager, officer, employee, individual independent contractor or other service provider of any Group Company of rights of any kind to receive Equity Securities of any Group Company or benefits measured in whole or in part by reference to Equity Securities of any Group Company.

  • Exit Management means the obligations and rights of the Parties to ensure a smooth transition of the Framework from the Contractor to the Authority or any Replacement Contractor as set out in Clause 44 (Exit Management) and Schedule 8 (Exit Management).

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Alternative program means a non-disciplinary monitoring or practice remediation process approved by a physical therapy licensing board. This includes, but is not limited to, substance abuse issues.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Award Transfer Program means any program instituted by the Committee which would permit Participants the opportunity to transfer any outstanding Awards to a financial institution or other person or entity approved by the Committee.

  • Adaptive management means reliance on scientific methods to test the results of actions taken so that the management and related policy can be changed promptly and appropriately.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.