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Certain Other Equity Award Terms Sample Clauses

Certain Other Equity Award Terms. Subject in all cases to the terms of the Equity Plan, any Initial RSUs, Annual RSUs and PRSUs granted to Executive in accordance with this Agreement and outstanding and unvested at the time of Executive’s termination of employment with the Company will vest on an accelerated basis and be paid pursuant to their terms if such termination is: (a) by the Company without Cause; (b) by Executive for Good Reason; (c) by the Company due to Executive’s Total Disability; or (d) due to Executive’s death; otherwise, upon Executive’s termination of employment, such outstanding and unvested awards (and any related unvested or unpaid dividend equivalents) will be forfeited by Executive (unless otherwise determined by the Committee before such termination of employment).
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Certain Other Equity Award Terms. Subject in all cases to the terms of the Equity Plan, any Initial Post-Spin-Off Performance-Based Awards, Annual Time-Based Awards and/or Annual Performance-Based Awards, as applicable, granted to Executive in accordance with this Agreement that are not fully vested at the time of Executive’s termination of employment with Curbline TRS will vest on an accelerated basis pursuant to their terms if such termination is: (a) by Curbline without Cause; (b) by Executive for Good Reason; (c) by Xxxxxxxx due to Executive’s Total Disability; or (d) due to Executive’s death; otherwise, upon Executive’s termination of employment, any unvested portions of such outstanding awards (and any related unvested or unpaid dividends or distributions) will be forfeited by Executive (unless otherwise determined by the Committee before such termination of employment).
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Certain Other Equity Award Terms. Subject in all cases to the terms of the Equity Plan, the Salary Equity Award, the One-Time Post-Spin-Off Performance-Based Award, and/or any Annual Time-Based Awards, as applicable, granted to Executive in accordance with this Agreement that are not fully vested at the time of Executive’s termination of employment with Curbline TRS, will vest on an accelerated basis pursuant to their terms if such termination is: (a) by Curbline without Cause; (b) by Executive for Good Reason; (c) by Curbline due to Executive’s Total Disability; or (d) due to Executive’s death; otherwise, upon Executive’s termination of employment, any unvested portions of such outstanding awards (and any related unvested or unpaid dividends or distributions) will be forfeited by Executive (unless otherwise determined by the Committee before such termination of employment); provided, however, that any such accelerated vesting of the Salary Equity Award shall apply on a pro-rated basis to such Salary Equity Award based on (x) the period of time from the Spin-Off Date to the date of such qualifying termination of Executive’s employment, compared to (y) the period of time from the Spin-Off Date to the third anniversary of the Spin-Off Date.
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Related to Certain Other Equity Award Terms

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

  • Equity Incentive Awards The Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board and the Executive shall be eligible for consideration for such awards in the same manner as other senior executive officers of the Company. In the event of a Change of Control in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards of substantially equivalent value, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Stock Units As used herein, the term “Stock Unit” shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Company’s Common Stock (“Share”) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to this Award Agreement. The Stock Units shall not be treated as property or as a trust fund of any kind.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

Most Referenced Clauses

Most Referenced Definitions