Common use of Annual Equity Grant Clause in Contracts

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan. The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Incentive Plan in addition to general factors relating to retention of talent.

Appears in 4 contracts

Samples: Employment Agreement (Stock Building Supply Holdings, Inc.), Employment Agreement (Stock Building Supply Holdings, Inc.), Employment Agreement (Stock Building Supply Holdings, Inc.)

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Annual Equity Grant. During the term of employment, Executive shall be eligible to receive an annual grant of equity (the “Annual Equity Grant”) under the Company’s 's Long Term Incentive Plan. The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent. The Annual Equity Grant shall be determined based in part on a target grant equal to 75% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive participate under the Company’s Long Term Incentive Plan for the award of an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan). The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent. The Annual Equity Grant shall be determined based on a target value equal to 150% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan. The actual award and amount of any the Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Incentive Plan in addition to general factors relating to retention of talent.

Appears in 1 contract

Samples: Employment Agreement (Stock Building Supply Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive participate under the Company’s Long Term Incentive Plan for the award of an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan). The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent. The Annual Equity Grant shall be determined based in part on a target grant equal to 80% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive an annual grant of equity (the “Annual Equity Grant”) under the Company’s Long Term Incentive Plan. The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent. The Annual Equity Grant shall be determined based on a target value equal to 150% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

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Annual Equity Grant. During the term of employment, Executive shall be eligible to receive participate under the Company’s Long Term Incentive Plan for the award of an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan). The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent.

Appears in 1 contract

Samples: Separation Agreement and General Release (BMC Stock Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive an annual grant of equity (the “Annual Equity Grant”) under the Company’s Long Term Incentive Plan. The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Equity Grant. During the term of employment, Executive shall be eligible to receive participate under the Company’s Long Term Incentive Plan for the award of an annual grant of equity (the “Annual Equity Grant”) under the Company’s Incentive Plan). The actual award and amount of any Annual Equity Grant will be determined by the Board or the Compensation Committee of the Board, as appropriate, based upon any of the factors described in the Long Term Incentive Plan in addition to general factors relating to retention of talent. The Annual Equity Grant shall be determined based in part on a target grant equal to 75% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

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