Common use of Future Equity Awards Clause in Contracts

Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 2018, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 2 contracts

Samples: Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma)

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Future Equity Awards. Subject to Executive’s employment with the Company through the relevant grant date, Executive shall be eligible for to receive additional future equity awards as customarily granted to executive officers beginning in fiscal after calendar year 2018, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional 2022 on a basis no less favorable than equity awards under the LTIP in fiscal year 2017 if such additional awards are granted made generally to other executive officers senior executives of the Company. Such other awards if any will Except for the terms and conditions set forth in this this Agreement, the equity awards) shall be granted at documented on and subject to the same time as annual awards are granted to other executive officers terms and conditions of the Company, but in no event later than the first meeting ’s standard forms of the Board notices of Directors that follows the annual shareholder meeting each yearaward and award agreements.

Appears in 2 contracts

Samples: Employment Agreement (Veritone, Inc.), Employment Agreement (Veritone, Inc.)

Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 20182014, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers senior executives of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 2018, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers Compensation Committee of the CompanyBoard of Directors. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

Future Equity Awards. The Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 20182014, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers senior executives of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Digital River Inc /De)

Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 2018, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers Compensation Committee of the CompanyBoard of Directors. Such other awards awards, if any any, will be granted at the same time as annual awards are granted to other executive officers of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 20182014, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers senior executives of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

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Future Equity Awards. Executive shall be eligible for additional future equity awards as customarily granted to executive officers beginning in fiscal year 20182013, determined in the sole discretion of the Committee; provided, however, that Executive shall be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers senior executives of the Company, but in no event later than the first meeting of the Board of Directors that follows the annual shareholder meeting each year.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

Future Equity Awards. Subject to Executive’s employment with the Company through the relevant grant date, and subject to the approval of the Compensation Committee, Executive shall be eligible for to receive additional future equity awards as customarily granted after calendar year 2023 on a basis no less favorable than equity awards made generally to executive officers beginning in fiscal year 2018, determined in the sole discretion other senior executives of the Committee; providedCompany (other than new hires). Except for the terms and conditions set forth in this this Agreement, however, that Executive the equity awards shall be eligible for additional awards under documented on and subject to the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers terms and conditions of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers ’s standard forms of the Company, but in no event later than the first meeting notices of the Board of Directors that follows the annual shareholder meeting each yearaward and award agreements.

Appears in 1 contract

Samples: Employment Agreement (Veritone, Inc.)

Future Equity Awards. Executive shall will be eligible for to receive additional future equity awards as customarily granted to executive officers beginning in fiscal year 2018, determined in the sole discretion future when annual grants are issued to other senior executives of the Committee; providedCompany generally, however, that Executive shall and at such other times as may be eligible for additional awards under the LTIP in fiscal year 2017 if such additional awards are granted to other executive officers of the Company. Such other awards if any will be granted at the same time as annual awards are granted to other executive officers of the Company, but in no event later than the first meeting of determined by the Board of Directors that follows the annual shareholder meeting each yearor Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Destination Maternity Corp)

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