Long-Term Incentive Award. You are hereby entitled to receive a long term incentive award which may be comprised of stock options, restricted stock, restricted stock units, or other equity, equity-based or cash-awards, or a combination thereof determined by the Compensation Committee in its discretion and approved by the Board. You shall be eligible for future long term incentive awards, the “LTI Awards” on the basis determined by the Compensation Committee and approved by the Board.
Appears in 4 contracts
Samples: Employment Agreement (Battalion Oil Corp), Employment Agreement (Battalion Oil Corp), Employment Agreement (Battalion Oil Corp)
