Incentive Grant Clause Samples

Incentive Grant. 4.3.1 The Board of Education may identify one or more instructional areas in which there is a critical need for certificated staff. In addition, the Board of Education may require certain specific qualifications. 4.3.2 Those staff members employed in these identified areas and meeting these particular qualifications shall be eligible for an employment incentive grant. 4.3.3 This grant will be paid in two annual increments on or before December 1st of each year, up to a total of two thousand dollars ($2,000). 4.3.4 Unit members hired for the 2019-20 school year may be eligible to receive an incentive grant of up to three thousand dollars ($3,000).

Incentive Grant. Provided that the CDC has not terminated or initiated termination of this Agreement under Section 2.02, the CDC hereby approves the payment of the Incentive Grant to the Developer, which shall be paid to Developer within 30 days after Developer timely obtains a Certificate of Occupancy for the Hotel Project.

Incentive Grant. In accordance with the provisions of the ▇▇▇▇▇▇ Bros. Co. 2007 Omnibus Plan (the “Omnibus Plan”), upon full execution of this Agreement or, if such day falls within a blackout period under the Company’s ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policy (“Blackout Period”), the first business following the end of such Blackout Period, ▇▇▇▇▇▇▇▇ shall be granted seventy thousand (70,000) non-qualified stock options at an exercise price equal to the closing price of the Company’s common stock on the grant date (the “Incentive Grant”).

Incentive Grant. In accordance with the provisions of the ▇▇▇▇▇▇ Bros. Co. 2007 Omnibus Plan (the “Omnibus Plan”), upon full execution of this Agreement, ▇▇▇▇▇▇▇▇ shall be granted fifty thousand (50,000) non-qualified stock options at an exercise price equal to the closing price of the Company’s common stock on the grant date (the “Incentive Grant”).

Incentive Grant. The reduction in Park Development Fees and Park Land Dedication Fees that constitute the Incentive Grant under this Agreement are contingent on Developer meeting all of its obligations under this Agreement and if the City terminates this Agreement then the Developer shall pay the City as described in Section 2.02.

Incentive Grant. Subject to approval by the Board and compliance with any applicable law or listing rule, as applicable, the Company will grant you an additional option to purchase 300,000 of the Company’s American Depositary Shares on the Start Date, or soon as practicable, at the fair market value as reasonably determined by the Board as of the date of grant (the “Additional Option”). The anticipated Additional Option will be governed by the terms and conditions of the Plan and applicable grant agreement. The Additional Option will vest in full upon the closing of a Change of Control (as defined below) that occurs prior to December 31, 2027 with an enterprise value at least equal to a value determined by the Board, in its sole discretion, provided you either (1) remain employed through such closing date or (2) are subject to a Qualifying Termination) within three (3) months prior to the closing date of such Change of Control. In the event of any conflict between this Agreement or the Plan or the applicable grant agreement, the Plan and the applicable grant agreement will supersede this Agreement and control.

Incentive Grant. The CITY hereby agrees to grant to ▇.▇. ▇▇▇▇▇▇ from the EDIRF the total amount of not to exceed $100,000.00, subject to the terms and conditions of this Agreement. Payments to ▇.▇. ▇▇▇▇▇▇ from the not to exceed amount shall be made in the form of reimbursements for expenditures ▇.▇. ▇▇▇▇▇▇ or an Affiliate has made for the purchase of furniture, fixtures, machinery and equipment used at the New Facility, or for training expenses of persons employed at the New Facility. ▇.▇. ▇▇▇▇▇▇ shall first become eligible for reimbursements up to the not to exceed amount upon its certification that it initially has (1) met the Minimum Employment Requirement; and (2) met the Minimum Salary Requirement. Subsequent to attaining eligibility for reimbursements, ▇.▇. ▇▇▇▇▇▇ shall be entitled to reimbursement for expenditures made prior to achieving eligibility for reimbursements so long as the expenditures for which it seeks reimbursement are eligible expenditures that were made subsequent to January 1, 2010. ▇.▇. ▇▇▇▇▇▇ must submit its requests for reimbursement for the full $100,000.00 by no later than December 31, 2011, and must do so on the form attached hereto and marked as Exhibit A.

Incentive Grant. In its sole discretion of, and subject to approval by, the Board of the Company and compliance with any law or listing rule, as applicable, the Company may grant you an F▇▇▇ ▇▇▇▇▇▇▇ October _24_, 2023 additional option to purchase 600,000 of the Company’s American Depositary Shares at the fair market value as determined by the Board as of the date of grant (the “Additional Option”). The anticipated Additional Option will be governed by the terms and conditions of the Plan and applicable grant agreement. The Additional Option will vest in full upon either a) the closing of a Change of Control (as defined below) that occurs prior to December 31, 2027 with an enterprise value at least equal to a value determined by the Board, in its sole discretion, or b) the market capitalization of the company reaching value at least equal to a value determined by the Board, in its sole discretion by December 31, 2028. In the event of any conflict between this Agreement or the Plan or the applicable grant agreement, the Plan and the applicable grant agreement will supersede this Agreement and control. For the avoidance of doubt, you must remain in continuous employment at the Company through the date of either Change of Control or Market Capitalization of company reaching a value at least equal to value determined by the Board to vest into the Additional Option.

Incentive Grant. As compensation for the execution off this Agreement by Director, the Company shall cause to be issued to Red River a one-time UniCoin Award Agreement, which shall entitle Red River to receive an aggregate of twenty million (20,000,000) cryptocurrency tokens, known as UniCoins, which are being developed by the Company, at such time as such UniCoins are technologically and legally capable of being issued, consisting of (i) fifteen million (15,000,000) UniCoins for commencement of services as a Director under this Agreement, and (ii) five million (5,000,000) UniCoins for services at Middle East conferences to be completed by March 31, 2022. As soon as possible, the Company shall undertake to complete an independent valuation of UniCoins, and provide Director with a choice regarding whether to receive an interest in the UniCoins as property, or as an option to acquire such property.