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

Long-Term Equity Incentive Awards. In fiscal year 2020, at the same time as such awards are granted to other members of the Company’s senior management team, the Company shall grant Executive a long-term equity incentive award(s) under the 2012 Plan and/or the 2018 Plan, as determined by the Compensation Committee in its sole discretion (the “2020 Equity Award”). The 2020 Equity Award will have a target value at grant equal to $3,500,000.00. Long-term equity incentive award(s) granted to Executive with respect to each fiscal year after fiscal year 2020 shall have a target value set by the Compensation Committee in its sole discretion, taking into account Executive’s position and performance with the Company and buybuyBABY. The form, vesting criteria and forfeiture provisions, and other terms and conditions with respect to 2020 Equity Award and any other future long-term equity incentive awards to be granted to Executive will be determined by the Compensation Committee in its sole discretion, and such awards will be subject to the terms and conditions of the 2012 Plan or 2018 Plan, as applicable, and any applicable award agreements thereunder. The determination of the number of shares subject to the 2020 Equity Award based on the value set forth above and any other long-term equity incentive awards granted hereunder, and the timing for such grants, will be made in accordance with the Compensation Committee Procedures for Equity Grants as in effect from time to time.

Long-Term Equity Incentive Awards. In fiscal year 2020, at the same time as such awards are granted to other members of the Company’s senior management team, the Company shall grant Executive a long-term equity incentive award(s) under the 2012 Plan and/or or the 2018 Plan, as determined by the Compensation Committee in its sole discretion (the “2020 Equity Award”). The 2020 Equity Award will have a target value at grant equal to $3,500,000.001,225,000.00. Long-term equity incentive award(s) granted to Executive with respect to each fiscal year after fiscal year 2020 shall have a The target award value set forth in this Section 3(d) will be reviewed annually for adjustment by the Compensation Committee in its sole discretion, taking into account Executive’s position and performance with the Company and buybuyBABYdiscretion for long-term equity incentive awards to be granted to Executive after fiscal year 2020. The form, vesting criteria and forfeiture provisions, and other terms and conditions with respect to the 2020 Equity Award and any other future long-term equity incentive awards to be granted to Executive will be determined by the Compensation Committee in its sole discretion, and such awards will be subject to the terms and conditions of the 2012 Plan or 2018 Plan, as applicable, and any applicable award agreements thereunder. The determination of the number of shares subject to the 2020 Equity Award based on the value set forth above and any other long-term equity incentive awards granted hereunder, and the timing for such grants, will be made in accordance with the Compensation Committee Procedures for Equity Grants as in effect from time to time.

Long-Term Equity Incentive Awards. In fiscal year spring 2020, at the same time as such awards are granted to other members of the Company’s senior management team, the Company shall grant Executive a long-term equity incentive award(s) under the 2012 Plan and/or or the Company’s 2018 Incentive Compensation Plan, as amended from time to time or any successor plan (the “2018 Plan”), as determined by the Compensation Committee in its sole discretion (the “2020 Equity Award”). The 2020 Equity Award will have a target value at grant equal to $3,500,000.001,750,000.00. Long-term equity incentive award(s) granted to Executive with respect to each fiscal year after fiscal year 2020 shall have a target value set by the Compensation Committee in its sole discretion, taking into account Executive’s position and performance with the Company and buybuyBABYof at least two- hundred fifty percent (250%) of Base Salary. The form, vesting criteria and forfeiture provisions, and other terms and conditions with respect to 2020 Equity Award and any other future long-term equity incentive awards to be granted to Executive will be determined by the Compensation Committee in its sole discretion, and such awards will be subject to the terms and conditions of the 2012 Plan or 2018 Plan, as applicable, Plan and any applicable award agreements thereunder. The determination of the number of shares subject to the 2020 Equity Award based on the value set forth above and any other long-term equity incentive awards granted hereunder, and the timing for such grants, will be made in accordance with the Compensation Committee Procedures for Equity Grants as in effect from time to time.

Long-Term Equity Incentive Awards. In fiscal year spring 2020, at the same time as such awards are granted to other members of the Company’s senior management team, the Company shall grant Executive a long-term equity incentive award(s) under the 2012 Plan and/or or the 2018 Plan, as determined by the Compensation Committee in its sole discretion (the “2020 Equity Award”). The 2020 Equity Award will have a target value at grant equal to $3,500,000.00. Long-term equity incentive award(s) granted to Executive with respect to each 1,937,500.00 (which will not be prorated for fiscal year after fiscal year 2020 shall have a 2020). The target award value set forth in this Section 3(d) will be reviewed annually for adjustment by the Compensation Committee in its sole discretion, taking into account Executive’s position and performance with the Company and buybuyBABYdiscretion for long-term equity incentive awards to be granted to Executive after fiscal year 2020. The form, vesting criteria and forfeiture provisions, and other terms and conditions with respect to the 2020 Equity Award and any other future long-term equity incentive awards to be granted to Executive will be determined by the Compensation Committee in its sole discretion, and such awards will be subject to the terms and conditions of the 2012 Plan or 2018 Plan, as applicable, Plan and any applicable award agreements thereunder. The determination of the number of shares subject to the 2020 Equity Award based on the value set forth above and any other long-term equity incentive awards granted hereunder, and the timing for such grants, will be made in accordance with the Compensation Committee Procedures for Equity Grants as in effect from time to time.