Incentive Compensation Awards. The Executive shall be eligible to participate in equity-based compensation plans, including option plans, restricted or phantom membership interest plans and other equity incentive plans as shall be determined by the Board from time to time during the Employment Term. It is acknowledged that on the Effective Date the Executive shall have the option to purchase Class A Common Units on the same terms and at the same price as the Buyers and Xxxxxxx X. Xxxxxxx and to receive awards of Class B Common Units.
Appears in 7 contracts
Samples: Executive Employment and Non Competition Agreement (Refco Information Services, LLC), Executive Employment and Non Competition Agreement (Refco Information Services, LLC), Executive Employment and Non Competition Agreement (Refco Inc.)
Incentive Compensation Awards. The Executive shall be eligible as of the Effective Date to participate in equity-based compensation plans, including option plans, restricted or phantom membership interest plans and other equity incentive plans as shall be determined by the Board from time to time during the Employment Term. It is acknowledged that on the Effective Date the Executive shall have the option to purchase Class A Common Units on the same terms and at the same price as the Buyers and Xxxxxxx X. Xxxxxxx and to receive awards of Class B Common Units.Units pursuant to a Restricted Unit Agreement in the form attached hereto as Exhibit A.
Appears in 2 contracts
Samples: Executive Employment and Non Competition Agreement (Refco Inc.), Executive Employment and Non Competition Agreement (Refco Global Capital Management LLC)
Incentive Compensation Awards. The Executive shall be eligible to participate in equity-based compensation plans, including option plans, restricted or phantom membership interest plans and other equity incentive plans as shall be determined by the Board from time to time during the Employment Term. Tenn. It is acknowledged that on the Effective Date the Executive shall have the option to purchase Class A Common Units on the same terms and at the same price as the Buyers and Xxxxxxx X. Xxxxxxx and to receive awards of Class B Common Units.
Appears in 1 contract
Samples: Executive Employment and Non Competition Agreement (Refco Capital LLC)
