Common use of Initial Restricted Stock Grant Clause in Contracts

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: Is Your Employment Agreement (Genlyte Group Inc), Is Your Employment Agreement (Genlyte Group Inc), Is Your Employment Agreement (Genlyte Group Inc)

AutoNDA by SimpleDocs

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: Your Employment Agreement (Koninklijke Philips Electronics Nv), Your Employment Agreement (Koninklijke Philips Electronics Nv), Your Employment Agreement (Koninklijke Philips Electronics Nv)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.