Common use of Equity Plans and Awards Clause in Contracts

Equity Plans and Awards. The Employee shall be eligible to participate in the Employer’s Employee Stock Purchase Plan in accordance with the Employer’s personnel policies and the terms of such Plan in effect from time to time, and shall be considered at least annually for awards under other equity award plans, including without limitation the Employer’s 2004 Stock Incentive Plan, as determined by the Compensation Committee from time to time in its sole discretion. In addition, pursuant to the 2004 Stock Incentive Plan and subject to the execution of this Agreement, the Employee has been granted the following awards:

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Sonic Automotive Inc), Employment Agreement (Sonic Automotive Inc)

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