Common use of Annual Equity Awards Clause in Contracts

Annual Equity Awards. Executive shall be eligible to be granted equity awards under the Company’s annual equity incentive award program in effect for other senior executives of the Company. The terms and conditions of such equity awards (including, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etc.) shall be determined by the Compensation Committee of the Board in its sole discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sonida Senior Living, Inc.), Executive Employment Agreement (Capital Senior Living Corp)

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Annual Equity Awards. Executive shall will be eligible to be granted for annual equity awards under the Company’s equity incentive plan on a basis that is not less favorable than the annual equity incentive award program in effect for awards being made generally to other senior executives of the Company. The terms and conditions of such equity awards (including, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etc.) shall be determined by the Compensation Committee of the Board in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Applied Dna Sciences Inc), Employment Agreement (Applied Dna Sciences Inc)

Annual Equity Awards. Executive shall will be eligible to be granted for annual equity awards under the Company’s annual equity incentive award program in effect for other senior executives of plan at the Company. The terms and conditions of such equity awards (including, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etc.) shall be determined by the Compensation Committee discretion of the Board in its sole discretionor the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (MRV Communications Inc)

Annual Equity Awards. During the Term, Executive shall will be eligible to be granted equity awards under participate in the Company’s equity incentive plans for executives and employees and receive annual equity incentive award program awards thereunder, as determined by the Board or an applicable committee thereof in effect for other senior executives its sole discretion and subject to the terms of the Company. The terms ’s equity incentive plans and conditions of such equity awards (including, without limitation, applicable award agreements by and between Executive and the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etcCompany.) shall be determined by the Compensation Committee of the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Live Oak Acquisition Corp)

Annual Equity Awards. Beginning with the 2020 fiscal year, Executive shall be eligible to be granted equity awards under the Company’s annual equity incentive award program in effect for other senior executives of the Company. The terms and conditions of such equity awards (including, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etc.) shall be determined by the Compensation Committee of the Board in its sole discretion.

Appears in 1 contract

Samples: Executive Employment Agreement (Capital Senior Living Corp)

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Annual Equity Awards. Executive shall will be eligible to be granted for annual equity awards under the Company’s equity incentive plan at valuation levels and on vesting and other terms and conditions that are not less favorable than the annual equity incentive award program in effect for awards being made generally to other senior executives of the Company. The terms and conditions of such equity , taking into consideration the awards (including, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etcmade under section 2.3.) shall be determined by the Compensation Committee of the Board in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Zygo Corp)

Annual Equity Awards. During the Term, Executive shall will be eligible to be granted equity awards under participate in the Company’s equity incentive plans for executives and employees and receive annual equity incentive award program in effect for other senior executives of the Company. The terms and conditions of such equity awards (includingthereunder, without limitation, the form of award(s), the number of shares covered by such awards, the vesting schedule, performance conditions, restrictive provisions, etc.) shall be as determined by the Compensation Committee of the Board in its sole discretiondiscretion and subject to the terms of the Company’s equity incentive plans and applicable award agreements by and between Executive and the Company.

Appears in 1 contract

Samples: Employment Agreement (Casper Sleep Inc.)

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