Common use of Equity Holdback Clause in Contracts

Equity Holdback. During the Term, Executive shall be required to own Company stock in an aggregate then-current fair market value equal to Executive’s then-current Base Salary multiplied by two (the “Ownership Level”).

Appears in 6 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Termination Agreement and General Release (NewStar Financial, Inc.), Early Retirement Agreement (NewStar Financial, Inc.)

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Equity Holdback. During the Term, Executive shall be required to own Company stock in an aggregate then-current fair market value equal to Executive’s then-current Base Salary multiplied by two [—] (the “Ownership Level”).

Appears in 1 contract

Samples: Employment Agreement (NewStar Financial, Inc.)

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