Common use of Annual Long Term Incentive Clause in Contracts

Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will be eligible for Long Term Incentive opportunities with an approximate value of at least $325,000.00 for each award (the form of such award to be determined by the Compensation Committee of CCOH), consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.

Appears in 1 contract

Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.)

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Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will shall be immediately eligible for additional Long Term Incentive opportunities with an approximate value of at least $325,000.00 1,000,000.00 for each award (the form of such award to be determined by the Compensation Committee of CCOH)award, consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.

Appears in 1 contract

Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.)

Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will be eligible for Long Term Incentive opportunities with an approximate value of at least $325,000.00 125,000.00 for each award (the form allocation of such award between stock options and restricted shares of Class A common stock of CCOH to be determined by the Compensation Committee of CCOH), consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.

Appears in 1 contract

Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.)

Annual Long Term Incentive. Beginning in fiscal year 20222017, Employee will be eligible for awarded additional Long Term Incentive opportunities grants with an approximate a value of at least no less than $325,000.00 200,000.00 for each award (the form allocation of such award between stock options and restricted shares of Class A common stock of CCOH to be determined by the Compensation Committee of CCOH), consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.

Appears in 1 contract

Samples: Employment Agreement (Clear Channel Holdings, Inc.)

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Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will be eligible for additional Long Term Incentive opportunities with an approximate value of at least $325,000.00 300,000.00 for each award (the form allocation of such award between stock options and restricted shares of Class A common stock of CCOH to be determined by the Compensation Committee of CCOH), pursuant to the Plan, and applicable award agreement, consistent with other comparable positions pursuant to the terms of the award agreement(s)positions, taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.

Appears in 1 contract

Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.)

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