Eligibility for Awards. Non-Qualified Stock Options and other Awards may be granted to Employees and Officers who are Employees. In addition, an Award may be granted to a person who is offered employment by the Company, a Subsidiary or an Affiliate, provided that such Award shall be immediately forfeited if such person does not accept such offer of employment within such time period as the Company, Subsidiary or Affiliate may establish. If otherwise eligible, an Employee or Officer who has been granted an Option or other Award may be granted additional Options or other Awards.
Appears in 4 contracts
Samples: Equity Award Plan (Covanta Energy Corp), Equity Award Plan (Covanta Holding Corp), Equity Award Plan (Covanta Holding Corp)
