Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.
Appears in 7 contracts
Sources: Executive Employment Agreement (HyperSpace Communications, Inc.), Executive Employment Agreement (HyperSpace Communications, Inc.), Executive Employment Agreement (HyperSpace Communications, Inc.)
Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Planunits.
Appears in 4 contracts
Sources: Executive Employment Agreement (MPC Corp), Executive Employment Agreement (MPC Corp), Executive Employment Agreement (MPC Corp)