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.)
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