Employee Incentive Plans Sample Clauses

Employee Incentive Plans. Not (and shall procure that each member of the Group shall not) make any payment in cash under any employee incentive plan unless approved in writing by the COFACE Agent.
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Employee Incentive Plans. Employee will be entitled to participate in such other equity, bonus and incentive plans as are generally made available to Frankly’s other employees, subject to Frankly Inc. Board approval.
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Employee Incentive Plans. 8.1 The Parties agree that Schedule 2 shall apply. 8.2 Lonmin agrees that it will not process, and shall not issue any Lonmin Shares to satisfy, the exercise of any options granted under the Lonmin Share Plans during the period starting with the record time for the Scheme (to be set out in the Scheme Document) and ending on the Effective Date.
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Employee Incentive Plans. (a) Subject to paragraph (b) below, not (and shall procure that each member of the Group shall not) make any payment in cash under any employee incentive plan. (b) The Borrower may make cash payments to its employees pursuant to the Relevant EIPs provided that it obtains the prior written consent of the Majority Lenders before making any such payment.
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Employee Incentive Plans. The Company covenants and agrees that (i) at no time after the date hereof shall the total number of shares of Common Stock issuable or issued after the date hereof on a cumulative basis without duplication and net of any cancelled or terminated options, under all employee, consultant, officer or director incentive arrangements or plans in existence as of the date hereof or as may hereafter be adopted by the board of directors of the Company or any committee thereof exceed in the aggregate 15% of the fully diluted shares of Common Stock then outstanding (excluding the Contingent Warrants); (ii) subject at all times to the limitation specified in clause (i), the aggregate number of shares of Common Stock issued or issuable pursuant to new grants or awards under all employee incentive plans in any of Company’s 2003, 2004 or 2005 Fiscal Years shall not exceed 4% of the fully diluted shares of Common Stock then outstanding (calculated without regard to any repurchases of such shares pursuant to any plan or cancellation or termination of options); provided that if the number of shares of Common Stock issued or issuable under new grants or awards in any of such Fiscal Years is less than the maximum allowed in such Fiscal Year (including any carryover amounts available in such Fiscal Year by virtue of this proviso), such unused amount shall be carried over and added to the maximum number of shares that would otherwise be allowable under clause (ii) for the following Fiscal Year; and (iii) all awards and grants after the date hereof (a) that do not provide for annual vesting over a period of at least 4 years with no vesting prior to the end of any year of the vesting period and no more than 25% vesting at the end of each year of the vesting period (except at maturity) shall require approval of the Board of Directors of the Company and (b) shall provide for “double-trigger” acceleration upon a change of control consistent with the provisions of Company’s existing employee incentive plans. The covenants set forth in this Section 3(c) are solely for the benefit of, and may be enforced, modified or waived only by, TCP and its affiliates.
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Employee Incentive Plans. To align the interests of employees with those of stockholders, Xxxxxxx Xxxxx sponsors several employee compensation plans that provide eligible employees with stock or options to purchase shares. The total compensation cost recog- nized in earnings for stock-based compensation plans for 1997, 1996, and 1995 was $318, $269, and $131, respectively. Xxxxxxx Xxxxx also sponsors deferred cash compensation plans for eligible employees. - ------------------------------------------------------------------------------- LONG-TERM INCENTIVE COMPENSATION PLANS ("LTIC PLANS") AND EQUITY CAPITAL ACCUMULATION PLAN ("ECAP") LTIC Plans and ECAP provide for grants of equity and equity-related instru- ments to certain key employees. LTIC Plans provide for the issuance of Restricted Shares, Restricted Units, and Nonqualified Stock Options, as well as Incentive Stock Options, Performance Shares, Performance Units, Stock Appreciation Rights, and other securities of Xxxxxxx Xxxxx. ECAP provides for the issuance of Restricted Shares, as well as Performance Shares. As of Decem- ber 26, 1997, no instruments other than Restricted Shares, Restricted Units, and Nonqualified Stock Options had been granted. - ------------------------------------------------------------------------------- Restricted Shares and Units Restricted Shares are shares of ML & Co. common stock carrying voting and div- idend rights. A Restricted Unit is deemed equivalent in fair market value to one share of common stock, is payable in cash, and receives cash payments equivalent to dividends. Under these plans, such shares are restricted from sale, transfer, or assignment until the end of the restricted period, and such shares and units are subject to forfeiture during the vesting period for grants under LTIC Plans or the restricted period for grants under ECAP. The activity for Restricted Shares and Units under these plans during 1997 and 1996 follows: - ------------------------------------------------------------------------------- LTIC PLANS ECAP ----------------------- ----------- RESTRICTED RESTRICTED RESTRICTED SHARES UNITS SHARES ---------- ----------- Authorized for issuance at: December 26, 1997 200,000,000 N/A 52,400,000 December 27, 1996 200,000,000 N/A 52,400,000 - -------------------------------------------------------------------------------- December 26, 1997 44,703,329 N/A 2,935,408 December 27, 1996 61,891,210 N/A 2,698,830 - --------------------------- Outstanding, end of 1995 ------------------...
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Employee Incentive Plans. The Shareholders acknowledge and agree that: (a) as at the date of this Agreement, the Group Companies have adopted and implemented the Existing Employee Incentive Plan; (b) from after the date of this Agreement, the parties shall procure that no new incentives shall be issued to any employees of any of the Group Companies under the Existing Employee Incentive Plan; (c) upon the vesting of any outstanding incentives granted by any Group Company under the Existing Employee Incentive Plan prior to the date of this Agreement, if such amount is paid by any Group Company, Xxxxxxx shall promptly (but in any case within ten Business Days after such payment) reimburse the relevant Group Company the corresponding amount (net of any applicable corporate income tax); (d) after the date of this Agreement, NWS may (directly or via any Group Company) implement and offer a new incentive plan (but not including the issuance of any Securities of the Company or shares or securities of any other Group Company) to the employees of the Group Companies (“New Employee Incentive Plan”); and (e) upon the vesting of any outstanding incentives granted by any Group Company under the New Employee Incentive Plan after the date of this Agreement, if such amount is paid by any Group Company, NWS shall promptly reimburse the relevant Group Company the corresponding amount (net of any applicable corporate income tax).
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Employee Incentive Plans. Each Plan Award granted by the Company under the Company’s employee incentive plan was granted (i) in accordance with the terms of the Company’s employee incentive plan and (ii) with an exercise price, if applicable, at least equal to the fair market value of the Common Stock on the date such Plan Award would be considered granted under GAAP and applicable law. No Plan Award granted under the Company’s employee incentive plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, Plan Awards prior to, or otherwise knowingly coordinate the grant of Plan Awards with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.
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Employee Incentive Plans 
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Related to Employee Incentive Plans

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Equity Incentive Plans Each stock option granted by the Company under the Company’s equity incentive plan was granted (i) in accordance with the terms of the Company’s equity incentive plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s equity incentive plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • Bonus Plans A bonus is a lump sum payment that is not a permanent increase to the salary base of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to, the following:

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Equity Plan For purposes of this Agreement, “Equity Plan” means the CS Disco, Inc. 2021 Equity Incentive Plan, as amended from time to time, or any successor plan thereto.

  • 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.

  • 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.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

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