Annual Equity Incentives. In order to provide further incentive to Executive and align the interests of Executive with those of the stockholders of Employer, Employer shall grant to Executive annual equity incentives consisting of (i) shares of common stock of Employer (the "Common Stock"), subject to forfeiture and restricted as to transfer ("Restricted Stock") or (ii) options to purchase Common Stock ("Options").
Appears in 2 contracts
Samples: Employment Agreement (Technology Acquisitions LLC), Employment Agreement (Consolidated Technology Group LTD)
Annual Equity Incentives. In order to provide further incentive to Executive and align the interests of Executive with those of the stockholders of Employer, Employer shall grant to Executive annual equity incentives consisting of (i) shares of common stock of Employer (the "Common Stock"), subject to forfeiture and restricted as to transfer ("Restricted Stock") or and (ii) options to purchase Common Stock ("Options").
Appears in 2 contracts
Samples: Employment Agreement (Technology Acquisitions LLC), Employment Agreement (Consolidated Technology Group LTD)
Annual Equity Incentives. In order to provide further incentive to Executive and align the interests of Executive with those of the stockholders of Employer, Employer shall grant to Executive annual equity incentives consisting of (i) shares of common stock of Employer Employer, par value per share $0.05 (the "Common Stock"), subject to forfeiture and restricted as to transfer ("Restricted Stock") or and (ii) options to purchase Common Stock ("Options").
Appears in 1 contract
Samples: Employment Agreement (National Auto Credit Inc /De)
