Common use of General – Types of Securities Clause in Contracts

General – Types of Securities. The Company shall be entitled to adopt, from time to time, one or more plans for the grant of options to be exercised for shares of the Company, shares of the Company, restricted shares, RSUs and other equity based compensation (“Equity Awards”), to Executive Officers and Directors, as a long-term incentive. The Board may permit the grant of Equity Awards by any subsidiary of the Company (whether wholly owned or not) to Executive Officers; provided that the below principles (including vesting period and fair value) shall apply, subject to applicable changes (and in such case the term Equity Awards shall refer to equity awards of the Company’s subsidiary, mutatis mutandis). 6.2

Appears in 4 contracts

Samples: Confidential General Release and Separation Agreement (Pagaya Technologies Ltd.), Confidential General Release and Separation Agreement (Pagaya Technologies Ltd.), Executive Employment Agreement (Pagaya Technologies Ltd.)

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