Common use of Equity and Long-Term Incentive Awards Clause in Contracts

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.

Appears in 3 contracts

Samples: Employment Agreement (HF Foods Group Inc.), Employment Agreement (HF Foods Group Inc.), Employment Agreement (HF Foods Group Inc.)

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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 2018 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.

Appears in 2 contracts

Samples: Employment Agreement (DLH Holdings Corp.), Employment Agreement (DLH Holdings Corp.)

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