Early Investment Incentive Sample Clauses

Early Investment Incentive. The Fund is offering to such Early Investors an Early Investment Incentive upon the following terms and conditions:
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Early Investment Incentive. The Manager at any time during this Offering may have opportunities to invest in economically promising transactions for the Fund. The Manager is currently investigating such a transaction that would require an investment by the Fund potentially as early as August of 2005. Investors who provide capital to the Fund early to acquire such Projects, which ultimately provide benefits to all Fund Investors, will receive an incremental benefit. The Fund is offering to such early Investors an Early Investment Incentive upon the following terms and conditions: o For Investors who subscribed to the Fund between May 16, 2005 and June 17, 2005 and have fully paid their Capital Contribution shall be entitled to receive an Early Investment Incentive equal to $12,000 per $150,000 Share. o For Investors that subscribe to the Fund between June 20, 2005 and August 15, 2005 and have fully paid their Capital Contribution shall be entitled to receive an Early Investment Incentive equal to $6,000 per $150,000. o Investors who subscribe to the Fund on or after August 16, 2005 shall not be entitled to, nor shall they receive, an Early Investment Incentive. o The Manager anticipates that the Early Investment Incentive, as described herein, shall be paid either monthly or quarterly and begin when the Manager determines that the Fund has sufficient cash flow. The Manager will continue such payments, as described herein, until the Early Investment Incentive to Investors entitled to such Early Investment Incentive has been paid in full. Thereafter, all Investors share in distributions of the Fund in accordance with their individual ownership percentage. Other than any right to receive an Early Investment Incentive, all o other rights, privileges and obligations of Investors of the Fund shall remain as described herein. Except for an Early Investment Incentive, as described herein, all Investors have the rights as described in this Memorandum and set forth in the LLC Agreement.
Sample 1See All (4)

Related to Early Investment Incentive

  • Management Incentive Plan “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Equity Incentive Subject to the terms of any applicable agreement, [a] the Executive may exercise any outstanding stock options that are vested when the Executive became Disabled and [b] those that would have been vested on the last day of the fiscal year during which the Executive becomes Disabled if the Executive had not become Disabled.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs (including, without limitation, programs providing for the grant of stock options and other equity-based awards) for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Initial Equity Award Upon or as soon as practicable after the Effective Date, the Company will award Executive restricted stock units and stock options to purchase shares of the Company’s common stock, with an aggregate grant date fair market value as determined by the Board for accounting purposes of $1,200,000. Such restricted stock units or stock options, as applicable, to vest ratably over 4 years (25% each year). Allocation between restricted stock units and stock options to be determined by the Board.

  • Annual Equity Award With respect to each Company fiscal year commencing during the Term, the Executive shall be eligible to receive an annual equity compensation award (each such award, an “Annual Equity Award”). The form and terms and conditions of each Annual Equity Award shall be determined by the Board (or the Compensation Committee of the Board) in its discretion and shall be set forth in one or more written award agreements between the Company and the Executive.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • 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.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!