Common use of Long-term Consideration for Award Clause in Contracts

Long-term Consideration for Award. The Participant recognizes and agrees that the Company's key consideration in granting this Option is securing the long-term commitment of the Participant to serve as a trusted executive officer who will advance and promote the Company's business interests and objectives. Accordingly, the Participant agrees to the following as material and indivisible consideration for this Award:

Appears in 3 contracts

Samples: Award Agreement (Glacier Bancorp Inc), Restricted Shares Award Agreement (Ddi Corp), Restricted Shares Award Agreement (Glacier Bancorp Inc)

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Long-term Consideration for Award. The Participant recognizes and agrees that the Company's key consideration in granting this Option is securing the long-term commitment of the Participant to serve as a trusted executive officer [INCLUDE JOB TITLE OR DESCRIPTION OF THE PARTICIPANT] who will advance and promote the Company's business interests and objectives. Accordingly, the Participant agrees to the following as a material and indivisible part of the consideration for associated with this Award:

Appears in 3 contracts

Samples: Stock Option Award Agreement (Ddi Corp), Stock Option Award Agreement (Glacier Bancorp Inc), Stock Option Award Agreement (Glacier Bancorp Inc)

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