Common use of Equity Compensation Programs Clause in Contracts

Equity Compensation Programs. During the Term of Employment, the Executive shall be entitled to participate in any equity-based plans, programs or arrangements applicable to senior-level executives as established and modified from time to time by the Chief Executive Officer or the Board in their sole discretion, to the extent that the Executive is eligible under (and subject to the provisions of) the plan documents governing those programs.

Appears in 4 contracts

Samples: Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc)

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Equity Compensation Programs. (a) During the Term of CEO Employment, the Executive shall be entitled to participate in any equity-based plans, programs or arrangements applicable to senior-level executives as established and modified from time to time by the Chief Executive Officer Board or the Board Compensation Committee in their its sole discretion, to the extent that the Executive is eligible under (and subject to the provisions of) the plan documents governing those programs. (b) Subject to approval by the Compensation Committee, the Executive shall also be entitled to receive the Enterprise Value Award (“EVA”) Plan set forth in Exhibit A attached hereto.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

Equity Compensation Programs. During the Term of Employment, the Executive shall be entitled to participate in any equity-based plans, programs or arrangements applicable to senior-level executives as established and modified from time to time by the Chief Executive Officer Board or the Board Compensation Committee in their its sole discretion, to the extent that the Executive is eligible under (and subject to the provisions of) the plan documents governing those programs.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

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Equity Compensation Programs. During the Term of Employment, the Executive shall be entitled to participate in any equity-based plans, programs or arrangements applicable to senior-level executives as established and modified from time to time by the Chief Executive Officer Compensation Committee or the Board in their sole discretion, to the extent that the Executive is eligible under (and subject to the provisions of) the plan documents governing those programs.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

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