Common use of Annual Equity Incentive Compensation Clause in Contracts

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 630,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 800,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 620,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 3,400,000 (ii) by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (iiiii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 2,750,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 8,500,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.

Annual Equity Incentive Compensation. For each year of the Employment Period following 2024, Executive shall receive an award under the Stock Incentive Plan on the following terms, as are specifically set forth in applicable the award agreement, and at the same time the Company generally makes equity grants to other senior executives of the Company (the “Annual Equity Grant”). (i) The target number of shares underlying the Annual Equity Grant shall be determined by dividing $600,000 2,100,000 by the closing stock trading price of the Company on the date of the Annual Equity Grant or, in the case of stock options or similar awards, shall be determined based on Black-Scholes or a similar option-pricing model approved by the Committee. (ii) The Board will establish the applicable service-based and performance-based goals and corresponding attainment percentages, which may include adjusted EBITDA or other criteria, in good faith consultation with Executive.