Future Long Term Incentive Awards. Beginning with the year --------------------------------- commencing on January 1, 2002, and continuing with each subsequent fiscal year during the Term, Executive shall be eligible to receive additional long-term incentive awards at the discretion of the Board. It is contemplated that such awards will take into account financial, operating, and other results achieved during the preceding fiscal year as well as future long-term performance goals. Such awards may be in the form of options, restricted shares, SARs, stock sales, stock grants, forgivable loans, long-term bonus arrangements in the form of Exhibit B (the "Bonus Arrangement"), or any other form of long-term compensation, as determined by the Board.
Appears in 2 contracts
Samples: Employment Agreement (Bre Properties Inc /Md/), Employment Agreement (Bre Properties Inc /Md/)
Future Long Term Incentive Awards. Beginning with January 1 of --------------------------------- the first full calendar year --------------------------------- commencing on January 1, 2002, of this Agreement and continuing with each subsequent fiscal year during the Term, Executive shall be eligible to receive additional long-term incentive awards at the discretion of the Board. It is contemplated that such awards will take into account financial, operating, and other results achieved during the preceding fiscal year as well as future long-term performance goals. Such awards may be in the form of options, restricted shares, SARs, stock sales, stock grants, forgivable loans, long-term bonus arrangements in the form of Exhibit B (the "Bonus Arrangement"), or any other form of long-term compensation, as determined by the Board."
Appears in 2 contracts
Samples: Employment Agreement (Bre Properties Inc /Md/), Employment Agreement (Bre Properties Inc /Md/)
Future Long Term Incentive Awards. Beginning with the year --------------------------------- commencing on January 1, 2002, --------------------------------- 2003 and continuing with each subsequent fiscal year during the Term, Executive shall be eligible to receive additional long-term incentive awards at the discretion of the Board. It is contemplated that such awards will take into account financial, operating, and other results achieved during the preceding fiscal year as well as future long-term performance goals. Such awards may be in the form of options, restricted shares, SARs, stock sales, stock grants, forgivable loans, long-term bonus arrangements in the form of Exhibit B (the "Bonus Arrangement"), or any other form of long-term compensation, as determined by the Board.
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Future Long Term Incentive Awards. Beginning with January 1 of --------------------------------- the first full year --------------------------------- commencing on January 1, 2002, of this Agreement and continuing with each subsequent fiscal year during the Term, Executive shall be eligible to receive additional long-term incentive awards at the discretion of the Board. It is contemplated that such awards will take into account financial, operating, and other results achieved during the preceding fiscal year as well as future long-term performance goals. Such awards may be in the form of options, restricted shares, SARs, stock sales, stock grants, forgivable loans, long-term bonus arrangements in the form of Exhibit B (the "Bonus Arrangement"), or any other form of long-term compensation, as determined by the Board."
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