Annual Long Term Incentive Grants. The Executive will receive annual grants of Awards, as such term is defined in the Company’s 2007 Equity Incentive Plan (the “Plan”), for the Employment Term.
Annual Long Term Incentive Grants. During the Employment Term, the Company agrees to provide a Restricted Stock Award of 300,000 shares for Company fiscal year 2012 as of the Effective Date of this Agreement and to the extent Executive is still employed by the Company as of such date, another restricted award of 300,000 shares for Company fiscal year 2013 as of the first anniversary of the Effective Date, both of such awards shall be on terms and conditions as set forth in the forms of such awards attached hereto as Exhibits 1 and 2. For subsequent Company fiscal years of the Employment Term, the Executive will receive annual grants of Awards, under the Company's Amended and Restated 2007 Equity Incentive Plan in accordance with Executive's role in the Company.
Annual Long Term Incentive Grants. Executive shall be eligible for annual equity incentive grants or other long-term incentive awards under the Plan or any successor equity-based plans on the same basis as similarly situated executives of the Company, as determined by the Compensation Committee in respect of each fiscal year during the Term. For the 2015 fiscal year, Executive shall be granted an equity award in connection with the Company’s regular grant cycle having an aggregate target value of 200% of Base Salary, prorated based on the number of days worked in that year and with no more than 75% of such award being subject to performance-based vesting conditions. Awards granted pursuant to this Section 4(c)(ii) shall be granted on such terms and conditions as may be determined by the Compensation Committee, and the terms of such grants shall be governed by the terms of the Plan or any successor equity-based plans, as well as separate award agreements in the standard forms utilized by the Company for similarly situated executives.
Annual Long Term Incentive Grants. Executive shall be eligible for annual equity incentive grants or other long-term incentive awards under the Plan or any successor equity-based plans on the same basis as similarly situated executives of the Company, as determined by the Compensation Committee in respect of each fiscal year during the Term. For the 2015 fiscal year, Executive shall be granted an equity award in connection with the Company’s regular grant cycle having an aggregate value of $850,000. Awards granted pursuant to this Section 4(c) shall be granted on such terms and conditions as may be determined by the Compensation Committee, and the terms of such grants shall be governed by the terms of the Plan or any successor equity-based plans, as well as separate award agreements in the standard forms utilized by the Company for similarly situated executives.
Annual Long Term Incentive Grants. During each calendar year that you are employed by the Company, beginning with 2022, you will be eligible to participate in the Company’s Long-Term Incentive Compensation Plan (“LTIP”) on such terms and conditions as are determined by the Company. Any LTIP grants that you receive will be subject to the terms and conditions of the Gannett Co., Inc. 2020 Omnibus Incentive Compensation Plan (or a successor thereto) and the pertinent award agreement.
