COMPANY STOCK INCENTIVE PLAN Sample Clauses

COMPANY STOCK INCENTIVE PLAN. Effective as of the Effective Time, the Company shall adopt the Aloha Holdings, Inc. 2002 Company Stock Incentive Plan substantially in the form attached hereto as EXHIBIT L (the "COMPANY STOCK INCENTIVE PLAN"), pursuant to which the Company will be permitted to grant options to purchase, and restricted shares of, Company Common Stock ("COMPANY AWARDS") to certain directors, key officers and employees of the Company. As of the Effective Time, the Company shall take such actions as are reasonably necessary to reserve the number of shares of Company Common Stock for issuance under such Company Stock Incentive Plan that is equal to 10% of the number of issued and outstanding shares of Company Common Stock on a fully diluted basis as of the Effective Time after giving effect to the Mergers.
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COMPANY STOCK INCENTIVE PLAN. Prior to Completion, the Purchaser shall, at its election, either cause its Board of Directors to adopt a stock incentive plan that has available for grant exclusively to, or cause its Board of Directors to reserve under one or more of its existing stock incentive plans exclusively for, existing employees, directors and consultants of the Group Companies and new employees, directors and consultants of the Group Companies that are engaged through December 31, 2005 options (which shall not be “incentive stock options” under the Internal Revenue Code of 1986, as amended) to purchase the Specified Option Number of Purchaser Shares, as adjusted for any stock split, reverse stock split or similar transaction (such options being referred to herein as the “Incentive Options” and such plan or reserve being referred to herein as the “Plan”); provided, however, that if the Purchaser, in consultation with Nxxxxx Xxxxxxxxx, determines: (a) that the tax and other costs to employees, directors and/or consultants associated with such Incentive Options in certain jurisdictions are substantially higher than the tax and other costs to employees, directors and/or consultants associated with such Incentive Options in the United Kingdom; or (b) not to grant Incentive Options in jurisdictions in which it (or any of its Affiliates) currently has operations but does not grant stock options, then the Purchaser and Nxxxxx Xxxxxxxxx shall mutually agree on alternative retention incentives for employees, directors and/or consultants in such jurisdictions (and the total number of Incentive Options shall be appropriately adjusted). Prior to Completion, the Purchaser and Nxxxxx Xxxxxxxxx shall mutually agree on the allocation of approximately 50% of the Incentive Options to Senior Management. The Plan, all awards thereunder and all terms applicable thereto shall be administered by the Nominating Committee; provided, however, that: (a) unless the Purchaser and Nxxxxx Xxxxxxxxx otherwise agree, approximately 50% of the Incentive Options shall be granted to Senior Management as described above; (b) no Incentive Options shall be granted until after Completion; and (c) all Incentive Options shall have terms, including with respect to the exercise prices, performance metrics and vesting schedules thereof, as mutually determined through reasonable consultation between the Chief Executive Officer of the Company and the Purchaser prior to Completion (it being understood that if the Chief Executiv...
Sample 1
COMPANY STOCK INCENTIVE PLAN. The Bonus Options and Bonus Shares awarded to Executive under this paragraph 3.3 and the applicable Schedules shall be granted pursuant to the Company's 1994 Stock Incentive Plan, or any successor plan adopted by the Company, as may be amended from time to time (the "Company Incentive Plan"). Each option and stock grant shall be reflected in a separate stock option agreement or restricted stock purchase agreement, as appropriate, which shall be subject to the Company Incentive Plan.
Sample 1
COMPANY STOCK INCENTIVE PLAN. The Stockholders agree that, following the consummation of the transactions contemplated by the Merger Agreement, Xxxxxx shall set aside up to five percent (5%) of its stock of the Company for purchase by employees of the Company as a form of incentive compensation arrangement. The total number of shares set aside, the terms and conditions of the purchase transactions and the employees eligible to participate shall be decided by the Stockholders after the consummation of the Merger.
Sample 1
COMPANY STOCK INCENTIVE PLAN. The Bonus Options and Bonus Shares, if any, awarded to Xxxxxx under this Article 1 and the applicable Schedules shall be granted pursuant to the Company's 1994 Stock Incentive Plan, or any successor plan adopted by the Company, as may be amended from time to time (the "Company Incentive Plan"). Each option and stock grant shall be reflected in a separate stock option agreement or restricted stock purchase agreement, as appropriate, which shall be subject to the Company Incentive Plan.
Sample 1

Related to COMPANY STOCK INCENTIVE PLAN

  • Stock Incentive Plan Executive shall be eligible for awards under the Employer’s Stock Incentive Plan. The type, timing and size of awards will be at the discretion of the Board of Directors.

  • Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the General Partner from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the General Partner, the Partnership or any of their Affiliates or from issuing REIT Shares, Capital Shares or New Securities pursuant to any such plans. The General Partner may implement such plans and any actions taken under such plans (such as the grant or exercise of options to acquire REIT Shares, or the issuance of restricted REIT Shares), whether taken with respect to or by an employee or other service provider of the General Partner, the Partnership or its Subsidiaries, in a manner determined by the General Partner, which may be set forth in plan implementation guidelines that the General Partner may establish or amend from time to time. The Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the General Partner, amendments to this Agreement may become necessary or advisable and that any approval or Consent to any such amendments requested by the General Partner shall be deemed granted by the Limited Partners. The Partnership is expressly authorized to issue Partnership Units (i) in accordance with the terms of any such stock incentive plans, or (ii) in an amount equal to the number of REIT Shares, Capital Shares or New Securities issued pursuant to any such stock incentive plans, without any further act, approval or vote of any Partner or any other Persons.

  • Future Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the Corporation from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the Corporation, the Company or any of their respective Affiliates. The Members acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the Corporation, amendments to this Section 3.10 may become necessary or advisable and that any approval or consent to any such amendments requested by the Corporation shall be deemed granted by the Manager and the Members, as applicable, without the requirement of any further consent or acknowledgement of any other Member.

  • Stock Incentives Executive shall be entitled to such vesting or other benefits as are provided by the award agreement pertaining thereto.

  • Company Stock Option Plans Simultaneously with the execution of this Agreement, the Board of Directors of the Company (or, if appropriate, any committee administering the Company Stock Option Plans) shall adopt such resolutions or take such other actions as are required to effect the transactions contemplated by Section 2.10 in respect of all outstanding Options and thereafter the Board of Directors of the Company (or any such committee) shall adopt any such additional resolutions and take such additional actions as are required in furtherance of the foregoing.

  • Dividend Reinvestment Plan, Cash Option Purchase Plan, Stock Incentive Plan or Other Plan Except as may otherwise be provided in this Article III, all amounts received or deemed received by the Corporation in respect of any dividend reinvestment plan, cash option purchase plan, stock incentive or other stock or subscription plan or agreement, either (a) shall be utilized by the Corporation to effect open market purchases of shares of Class A Common Stock, or (b) if the Corporation elects instead to issue new shares of Class A Common Stock with respect to such amounts, shall be contributed by the Corporation to the Company in exchange for additional Common Units. Upon such contribution, the Company will issue to the Corporation a number of Common Units equal to the number of new shares of Class A Common Stock so issued.

  • Equity Incentive Plan The Option is a Nonqualified Option and subject to each and every provision of the Equity Incentive Plan which are incorporated by reference herein, as well as the terms and provisions set forth in this Stock Option Agreement and Notice of Grant (this “Stock Option Agreement”). The Equity Incentive Plan shall govern and be conclusive as to all matters not expressly provided for in this Stock Option Agreement. In the event of any conflict between the terms of this Stock Option Agreement and the Equity Incentive Plan, the terms of this Stock Option Agreement shall govern. All capitalized terms contained herein which are not otherwise defined herein shall have the meanings ascribed to them in the Equity Incentive Plan. By accepting the Option you agree to be bound by the provisions of the Equity Incentive Plan and this Stock Option Agreement. A copy of the Equity Incentive Plan has been previously provided to you.

  • Equity Plan In the event the Company adopts an equity incentive plan or program (the "Equity Plan") for its key executives, the Executive shall be entitled to participate in the Equity Plan from and after the effective date thereof in accordance with the terms and conditions of such plan.

  • Company Stock Plans (a) The Company shall take such action as shall be required:

  • 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.

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