Common use of Employment Inducement Award Clause in Contracts

Employment Inducement Award. This Award is intended to be an “employment inducement grant” in accordance with NASDAQ Listing Rule 5635(c)(4) and consequently is intended to be exempt from the NASDAQ rules regarding shareholder approval of equity compensation plans. This Agreement and the terms and conditions of the Award shall be interpreted in accordance with and consistent with such exemption. The Company shall cause the Class A Shares issuable in respect of the SARs (defined below) to be registered under the Securities Act of 1933.

Appears in 4 contracts

Samples: Stock Appreciation Rights Agreement (MDC Partners Inc), Stock Appreciation Rights Agreement (MDC Partners Inc), Stock Appreciation Rights Agreement (MDC Partners Inc)

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