Equity and Long-Term Incentive Awards. Executive shall be eligible to participate in any equity or long-term incentive plans available to full time officers of Company and eligible to receive awards under such plans from time to time, as determined by Company, in its sole and unfettered discretion. Any equity grant(s) held by Executive on the date of this Agreement shall be retained by Executive, subject to the terms and conditions of the plan(s) or agreement(s) under which such equity grant(s) were awarded or distributed.
Equity and Long-Term Incentive Awards. The Executive shall be entitled to equity and other long-term incentive awards that may be extended generally from time to time to employees of the Corporation at the Chief Officer Level, as approved by the Compensation Committee or the Board, subject to the terms and conditions of the respective equity and long-term incentive compensation plans and award agreements and the provisions of this Agreement.
Equity and Long-Term Incentive Awards. All unvested restricted stock or units granted to Executive will be immediately forfeited and all unvested stock options granted to Executive will be immediately terminated upon such termination of Executive’s employment and any vested stock options granted to Executive will remain exercisable for three months after such termination of Executive’s employment, subject to the earlier expiration of the term of such stock option.
Equity and Long-Term Incentive Awards. During the term of this Agreement, Employee shall be eligible to receive equity or performance awards payable in shares, cash or other property pursuant to any long-term incentive compensation plan adopted by the Committee or the Board. Equity awards shall be granted under the Company’s 2018 Equity Incentive Plan or such other equity compensation plan as may be adopted by the Company in the discretion of the Committee or the Board. The actual grant date value of any such awards shall be determined in the discretion of the Committee or Board and any such awards shall include such vesting conditions and other terms and conditions as determined by the Committee or the Board.
Equity and Long-Term Incentive Awards. Executive shall be eligible to participate in any equity or long-term incentive plans available to full time officers of Company and eligible to receive awards under such plans from time to time, as determined by Company, in its sole and unfettered discretion. Executive shall also be entitled to receive any equity awards that may be granted to him pursuant to agreements approved from time to time by the Company. Any equity grant(s) held by Executive on the date of this Agreement shall be retained by Executive, subject to the terms and conditions of the plan(s) or agreement(s) under which such equity grant(s) were awarded or distributed.
Equity and Long-Term Incentive Awards. 10.1 During the term of this Agreement, Employee shall be eligible to receive equity or performance awards payable in shares, cash or other property pursuant to any long-term incentive compensation plan adopted by the Committee or the Board. Equity awards shall be granted under the Company’s 2016 Omnibus Equity Incentive Plan or such other equity compensation plan as may be adopted by the Company in the discretion of the Committee or the Board. The actual grant date value of any such awards shall be determined in the discretion of the Committee or Board and any such awards shall include such vesting conditions and other terms and conditions as determined by the Committee or the Board.
10.2 In the event that either (i) Employee’s employment is terminated due to his Disability or death or (ii) within ninety (90) days of a Change in Control, either the Employee’s employment is terminated by the Company without Cause or the Employee terminates this Agreement and resigns employment for Good Reason, then
(a) following the Employee’s date of termination and subject to the conditions of Section 9.5, each unexpired option presently outstanding and held by Employee, and unless expressly determined otherwise by the Management Resources and Compensation Committee at the time of grant, each unexpired option to purchase shares of Common Stock of the Company granted to Employee after the date hereof, shall immediately vest and be exercisable in full and the exercise period in which Employee may exercise all such options shall be extended to the duration of their original term, and the terms of all such options shall be deemed amended to take into account the foregoing provisions; and
(b) unless expressly determined otherwise by the Management Resources and Compensation Committee at the time of grant, each other unexpired equity compensation award, including restricted stock or stock unit awards held by the Employee shall be deemed to be fully vested and free from repurchase and forfeiture provisions, and, to the extent applicable, will no longer be subject to a right of repurchase by or forfeiture to the Company; provided that the vesting will not accelerate the distribution of shares underlying equity awards if such acceleration of distribution would trigger taxation under Section 409A of the Code.
10.3 In the event Employee’s employment was terminated by the Company without Cause or the Employee terminates this Agreement and resigns employment for Good Reason, and such...
Equity and Long-Term Incentive Awards. All unvested stock options and other equity and long-term incentive awards will immediately vest and all such vested options and awards involving exercise of rights will continue to be exercisable for the remainder of their respective terms;
Equity and Long-Term Incentive Awards. Section 4.1 General Principles 17 Section 4.2 Restricted Stock and Director Common Stock Awards 18 Section 4.3 Stock Appreciation Rights 19 Section 4.4 OPC LTI Mixed-Settlement Units 20 Section 4.5 Restricted Stock Units and Director Stock Units 21 Section 4.6 Long-Term Incentive Cash-Based and Cash-Settled Awards 22 Section 4.7 Phantom Share Xxxxx 00 Xxxxxxx 4.8 Section 16(b) of the Securities Exchange Act; Code Sections 162(m) and 409A 23 Section 4.9 Liabilities for Settlement of Awards 23 Section 4.10 Form S-8 23 Section 4.11 Tax Reporting and Withholding for Awards 24 Section 4.12 Approval of CRC New Equity Plan and CRC ESPP 24
Equity and Long-Term Incentive Awards. During the Term, the Executive shall be eligible to participate in the Company's Equity Incentive Plan and any other equity or long-term incentive plans of the Company on at least as favorable basis as other similarly-situated executives. In any event, for 2002, the Executive shall be granted an annual stock option award, to be made at the same time other equity awards are granted to other similarly-situated executives, to purchase no less than 70,000 shares of the Company's common stock.
Equity and Long-Term Incentive Awards. Section 4.1 General Principles. 17 Section 4.2 Restricted Stock and Director Common Stock Awards 18 Section 4.3 Stock Appreciation Rights…………….......................................................... 19 Section 4.4 OPC LTI Mixed-Settlement Units. 20
