Common use of Long-Term Equity Incentive Awards Clause in Contracts

Long-Term Equity Incentive Awards. If the Company adopts a shareholder-approved long-term equity incentive equity plan (“Equity Plan”), the Executive will be eligible for time-based and performance-based awards under the Equity Plan.

Appears in 4 contracts

Samples: Employment Agreement (NorthEast Community Bancorp, Inc./Md/), Employment Agreement (NorthEast Community Bancorp, Inc./Md/), Employment Agreement (NorthEast Community Bancorp, Inc./Md/)

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Long-Term Equity Incentive Awards. If The Executive will be eligible for time-based and performance-based awards under the Company adopts a Company’s shareholder-approved long-term equity incentive equity plan (“Equity Plan”), the Executive will be eligible for time-based and performance-based awards under the Equity Plan.

Appears in 1 contract

Samples: Employment Agreement (NorthEast Community Bancorp, Inc./Md/)

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