Common use of Common Stock Ownership Guidelines Clause in Contracts

Common Stock Ownership Guidelines. All System Management Level 1-4 Participants must maintain the applicable Common Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends on your System Management Level. System Management Level Common Stock Ownership Target Levels ML 1 6 times base salary ML 2 3 times base salary ML 3 2 times base salary ML 4 1 times base salary These ownership multiples may be satisfied through any shares of Common Stock held by the System Management Level 1-4 Participant, including those shares earned during this Performance Period, all Restricted Shares, shares held in tax-qualified 401(k) plans, etc. You must continue to retain the book entry shares issued to you pursuant to this Agreement until the earlier of (a) achieving and maintaining your multiple of base salary ownership threshold, or (b) your termination of full-time employment within the Entergy System. Once you have achieved and maintain your multiple of base salary ownership threshold, you are no longer bound to hold the shares earned during this Performance Period in book entry. However, you are still subject to the trading restrictions and pre-clearance requirements in transacting in these shares described in Subsection 6(b) of this Agreement.

Common Stock Ownership Guidelines. All If you are a System Management Level 1-4 Participants Participant, you must maintain the applicable Common Target Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends on your System Management Level. System Management Level Common Stock Ownership Target Levels ML 1 ML1 6 times base salary ML 2 ML2 3 times base salary ML 3 ML3 2 times base salary ML 4 ML4 1 times base salary These ownership multiples may be satisfied through any shares of Common Stock held by the System Management Level 1-4 Participant, including those shares earned during this Performance Period, all unvested Restricted Shares, shares held in tax-qualified 401(k) plans, etc. You Until you achieve your multiple of base salary ownership position, upon restrictions lifting on your Restricted Shares, you must continue to retain the book entry shares issued to you pursuant to this Agreement until the earlier of (a) achieving and maintaining your multiple of base salary ownership threshold, or (b) your termination of full-time employment within the Entergy System. Once you have achieved and maintain your multiple of base salary ownership threshold, you are no longer bound to hold the Restricted Shares converted to book entry shares earned during this Performance Period in book entryupon restrictions lifting. However, you are still subject to the trading restrictions and pre-clearance requirements in transacting in these shares described in Subsection 6(b) Section 4 of this Agreement.

Common Stock Ownership Guidelines. All System Management Level ML 1-4 Participants must maintain the applicable Common Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends on your System Management LevelML. System Management Level ML1ML2ML3ML4 Common Stock Ownership Target StockOwnershipTarget Levels ML 1 6 times base salary ML 2 3 salary3 times base salary ML 3 2 salary2 times base salary ML 4 1 salary1 times base salary These ownership multiples may be satisfied through any shares of Common Stock held by the System Management Level ML 1-4 Participant, including those shares earned during this Performance Period, all Restricted Sharesrestricted shares, shares held in tax-qualified 401(k) plans, etc. You must continue to retain the book entry shares issued to you pursuant to this Agreement until the earlier of (a) achieving and maintaining your multiple of base salary ownership threshold, or and (b) your termination of full-time employment within the Entergy Systemall System Companies. Once you have achieved and maintain your multiple of base salary ownership threshold, you are no longer bound to hold the shares earned during this Performance Period in book entry. However, you are still subject to the trading restrictions and pre-clearance requirements in transacting in these shares described in Subsection 6(b) of this Agreement.

Common Stock Ownership Guidelines. All System Management Level If you are an ML 1-4 Participants Participant, you must maintain the applicable Common Target Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends dependent on your System Management LevelML. System Management Level ML1ML2ML3ML4 Common Stock Ownership StockOwnership Target Levels ML 1 6 times base salary ML 2 3 salary3 times base salary ML 3 2 salary2 times base salary ML 4 1 salary1 times base salary These ownership multiples may be satisfied through any shares of Common Stock held by the System Management Level ML 1-4 Participant, including those shares earned during this Performance Period, all unvested Restricted Shares, shares held in tax-qualified 401(k) plans, etc. You Until you achieve your multiple of base salary ownership position, upon restrictions lifting on your Restricted Shares, you must continue to retain the book entry shares issued to you pursuant to this Agreement until the earlier of (a) achieving and maintaining your multiple of base salary ownership threshold, or and (b) your termination of full-time employment within the Entergy System. Once you have achieved and maintain your multiple of base salary ownership threshold, you are no longer bound to hold the Restricted Shares converted to book entry shares earned during this Performance Period in book entryupon restrictions lifting. However, you are still subject to the trading restrictions and pre-clearance preclearance requirements in transacting in these shares described in Subsection 6(b) Section 4 of this Agreement.

Common Stock Ownership Guidelines. All System Management Level ML 1-4 Participants must maintain the applicable Common Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends on your System Management LevelML. System Management Level Common Stock Ownership StockOwnership Target Levels ML 1 6 times base salary ML 2 3 times base salary ML 3 2 times base salary ML 4 1 times base salary These ownership multiples may be satisfied through any shares of Common Stock held by the System Management Level ML 1-4 Participant, including those shares earned during this Performance Period, all Restricted Sharesrestricted shares, shares held in tax-qualified 401(k) plans, etc. You must continue to retain the book entry shares issued to you pursuant to this Agreement until the earlier of (a) achieving and maintaining your multiple of base salary ownership threshold, or (b) your termination of full-time employment within the Entergy Systemall System Companies. Once you have achieved and maintain your multiple of base salary ownership threshold, you are no longer bound to hold the shares earned during this Performance Period in book entry. However, you are still subject to the trading restrictions and pre-clearance requirements in transacting in these shares described in Subsection 6(b) of this Agreement.