Initial Restricted Stock Grant. You will be awarded restricted shares of Koninklijke Philips Electronics N.V., (“Koninklijke”) common stock (your “Initial Restricted Stock”). The number of shares of Initial Restricted Stock to be awarded to you is stated in the Schedule. The vesting schedule for your Initial Restricted Stock is stated in the Schedule. Your Initial Restricted Stock will be subject to the terms of Global Philips Long-Term Incentive Plan 2007 (the “LTIP”) and to the terms of your award agreement under it.
Appears in 7 contracts
Samples: Employment Agreement (Genlyte Group Inc), Employment Agreement (Genlyte Group Inc), Employment Agreement (Genlyte Group Inc)
Initial Restricted Stock Grant. You will be awarded restricted shares of Koninklijke Philips Electronics N.V., (“Koninklijke”) common stock (your “Initial Restricted Stock”). The number of shares of Initial Restricted Stock to be awarded to you is stated in the Schedule. The vesting schedule for your Initial Restricted Stock is stated in the Schedule. Your Initial Restricted Stock will be subject to the terms of the Global Philips Long-Term Incentive Plan 2007 (the “LTIP”) and to the terms of your award agreement under it.
Appears in 3 contracts
Samples: Employment Agreement (Koninklijke Philips Electronics Nv), Employment Agreement (Koninklijke Philips Electronics Nv), Employment Agreement (Koninklijke Philips Electronics Nv)
