Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based compensation awards on the same terms and conditions as other senior executives of the Company.
Appears in 10 contracts
Samples: Employment Agreement (New Home Co Inc.), Employment Agreement (New Home Co Inc.), Employment Agreement (New Home Co Inc.)
Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based compensation awards on the same terms and conditions as other senior executives of based upon Executive's and/or the Company's achievement of annual performance goals or objectives established by the Committee, in its sole discretion; provided that the target grant date value of such awards granted each year during the Employment Period shall be not less than 125% of Executive's Base Salary.
Appears in 3 contracts
Samples: Employment Agreement (UCP, Inc.), Employment Agreement (UCP, Inc.), Employment Agreement (UCP, Inc.)
Equity-Based Compensation. Subject to approval by the Committee, Executive shall be eligible to be granted equity-based equity‑based compensation awards on the same terms and conditions as other senior executives of the Company.
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