Investment in Company Common Stock. The Executive shall while the Executive’s employment with the Company continues, hold Company Common Stock having a value at least equal to five (5) times, or such other amount as the Board of Directors or a committee thereof may determine, the amount of his Base Salary as in effect from time to time.
Appears in 3 contracts
Samples: Employment Agreement (Strategic Education, Inc.), Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)
Investment in Company Common Stock. The Executive shall while the Executive’s employment with the Company continues, hold Company Common Stock having a value at least equal to five (5) times, or such other amount as the Board 70% of Directors or a committee thereof may determine, the amount of his Base Salary as in effect from time to time.
Appears in 2 contracts
Samples: Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)
Investment in Company Common Stock. The Executive shall while the Executive’s employment with the Company continues, hold Company Common Stock having a value at least equal to five seventy percent (570%) times, or such other amount as the Board of Directors or a committee thereof may determine, the amount of his Base Salary as in effect from time to time.
Appears in 1 contract
