Common use of Eligibility for Annual Equity Awards Clause in Contracts

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options or other equity awards, in the sole discretion of the Compensation Committee, in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest under any such plan or program.

Appears in 8 contracts

Samples: Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp)

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Eligibility for Annual Equity Awards. During the Term, Executive shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs of the Company for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 5 contracts

Samples: Employment Agreement (SciPlay Corp), Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2011) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 2 contracts

Samples: Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs of the Company for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 2 contracts

Samples: Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. During the Term, Executive shall be eligible (beginning in 2015) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs of the Company for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options option or other equity awardsaward, in the sole discretion of the SGC Compensation Committee, in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options option or other equity awardsaward, in the sole discretion of the SGC Compensation Committee, in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for similarly situated senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2014) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued previously-granted or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards with a value up to 155% of Executive’s base salary in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

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Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2012) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued previously-granted or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2015) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs of the Company for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2012) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive Employee shall be eligible to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs for senior executives similarly situated employees of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Employee under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Eligibility for Annual Equity Awards. Executive shall be eligible (beginning in 2014) to receive an annual grant of stock options options, restricted stock units or other equity awards, awards in the sole discretion of the Compensation Committee, Committee and in accordance with the applicable plans and programs of the Company for senior executives of the Company and subject to the Company’s right to at any time amend or terminate any such plan or program, so long as any such change does not adversely affect any accrued or vested interest of Executive under any such plan or program.

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

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