Equity Incentive Awards Sample Clauses

The Equity Incentive Awards clause establishes the terms under which a company may grant equity-based compensation, such as stock options or restricted stock units, to its employees, directors, or consultants. This clause typically outlines eligibility, the types of awards available, vesting schedules, and any performance conditions that must be met. Its core function is to incentivize and retain key personnel by aligning their interests with the long-term success of the company, while also providing a clear framework for how such awards are administered.
POPULAR SAMPLE Copied 2 times
Equity Incentive Awards. Notwithstanding the provisions in any stock option award, restricted stock award or other equity incentive compensation award (the "Awards"), the Executive shall become fully vested in all outstanding Awards and all otherwise applicable restrictions shall lapse and for purposes of determining the length of time the Executive has to exercise rights, if applicable under any such Award, the Executive shall be treated as if he had retired from the service of the Company at or after age 55 and completion of ten years of service.
Equity Incentive Awards. The Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board and the Executive shall be eligible for consideration for such awards in the same manner as other senior executive officers of the Company. In the event of a Change of Control in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards of substantially equivalent value, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.
Equity Incentive Awards. Executive shall be eligible to participate each Contract Year in the Company’s equity incentive plans pursuant to the Company’s 2000 Performance Incentive Plan or such other plans or programs as the Compensation Committee shall determine.
Equity Incentive Awards. This Section 14 sets forth obligations and agreements between the Parties with respect to the treatment of outstanding equity incentive awards under the NTELOS Stock Plans and the Wireline Equity Incentive Plan, except that, to the extent the terms of such outstanding equity incentive awards specifically provide for treatment that is different from that set forth herein, the terms of such outstanding equity incentive awards shall control and override the provisions set forth herein. The intent of this Section 14 is to provide that outstanding equity incentive awards under the NTELOS Stock Plans and the Wireline Equity Incentive Plan shall be adjusted in connection with the Separation in a manner that is consistent with the terms of the applicable NTELOS Stock Plans or Wireline Equity Incentive Plan; therefore, the Parties may provide for treatment of the outstanding equity incentive awards, or calculation of the applicable adjustments, in a manner that is different from that set forth herein to the extent such treatment or calculation is consistent with the discretion granted under the applicable NTELOS Stock Plans or Wireline Equity Incentive Plan to effect adjustments to the terms of outstanding equity incentive awards under the circumstances. Notwithstanding anything in this Agreement to the contrary (including, without limitation, Section 2.3), (a) NTELOS shall treat employment by Wireline and each member of the Wireline Group as employment by NTELOS under the NTELOS Stock Plans with respect to outstanding NTELOS Options and NTELOS Restricted Stock Awards which are held by Wireline Employees and Delayed Transfer Employees (or which are held by NTELOS Employees who, after the Distribution Time, with the consent of NTELOS transfer to Wireline or any member of the Wireline Group) and (b) Wireline shall treat employment by NTELOS and each member of the NTELOS Group as employment by Wireline under the Wireline Equity Incentive Plan with respect to Wireline Options and Wireline Restricted Stock Awards which are held by NTELOS Employees (or which are held by Wireline Employees or Delayed Transfer Employees who, after the Distribution Time or their respective Transfer Date, as applicable, with the consent of Wireline return to employment by NTELOS or any member of the NTELOS Group).
Equity Incentive Awards. With respect to the stock options, restricted stock awards, restricted stock units and/or other equity incentive awards (the “Equity Incentive Awards”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries, including without limitation the Company’s 2009 Equity Incentive Plan ( the “Company Stock Plans”), (i) each Equity Incentive Award intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of an Equity Incentive Award was duly authorized no later than the date on which the grant of such Equity Incentive Award was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”) and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with generally accepted accounting principles in the United States applied on a consistent basis in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Equity Incentive Awards prior to, or otherwise coordinating the grant of Equity Incentive Awards with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.
Equity Incentive Awards. Executive will be eligible to receive awards of stock options, restricted stock units, performance stock units, or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Company’s Board of Directors (the “Board”) or its Compensation Committee will determine in its discretion whether Executive will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.
Equity Incentive Awards. Each equity incentive award granted by the Company under the Company’s equity incentive plans was granted (i) in accordance with the terms of such plan and (ii) any option was granted with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under any Company stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.
Equity Incentive Awards. In the event a Change of Control (as hereinafter defined) occurs during the Executive’s employment, notwithstanding any provision of this Agreement or any other agreement governing any equity incentive awards granted to the Executive, any outstanding stock options or restricted stock awards granted to the Executive by FTD, Inc., FTD or any subsidiary of either company shall vest in full and become immediately exercisable, and any restrictions relating thereto shall lapse, upon the occurrence of such Change of Control.
Equity Incentive Awards. Executive shall be eligible to participate in the ▇▇▇▇ ▇▇▇▇ Resources, Inc. 2018 Long Term Incentive Plan (the “LTIP”) or any other incentive plan sponsored by the Company which provides for equity grants of incentive awards. The terms and conditions of any equity incentive award granted to Executive shall be set forth in the incentive plan document and award agreement governing such award.
Equity Incentive Awards. Executive shall be eligible to participate in the Company’s 2017 Omnibus Incentive Plan, as it may be amended from time to time (the “LTIP”), or any other incentive plan sponsored by the Company which provides for equity grants of incentive awards. The terms and conditions of any equity incentive award granted to Executive shall be set forth in the incentive plan document and award agreement governing such award.