Common use of Long-Term Incentive Compensation Clause in Contracts

Long-Term Incentive Compensation. During the Employment Period, the Executive shall be entitled to participate in any equity incentive, performance share, performance unit or other equity based long-term incentive compensation plan, program or arrangement (the “Plans”) generally made available to senior executive officers of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established by the Compensation Committee or the Board, as the case may be.

Appears in 6 contracts

Samples: Employment Agreement (NeuroBo Pharmaceuticals, Inc.), Employment Agreement (Ocuphire Pharma, Inc.), Employment Agreement (NeuroBo Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Long-Term Incentive Compensation. During the Employment Period, the Executive shall be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based long-be granted long term incentive compensation plan, program or arrangement (equity awards as may be determined by the “Plans”) generally made available to senior executive officers of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established by Board or the Compensation Committee or the Board, in its sole discretion under such plans and programs as the case may bebe in effect from time to time.

Appears in 6 contracts

Samples: Executive Employment Agreement (Workspace Property Trust), Executive Employment Agreement (Workspace Property Trust), Executive Employment Agreement (Workspace Property Trust)

Long-Term Incentive Compensation. During the Employment PeriodExecutive’s employment with the Company, the Executive shall be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based receive long-term equity incentive compensation planawards (which may consist of stock options or other types of awards, program or arrangement (as determined by the “Plans”Board in its discretion) generally made available pursuant to senior executive officers the Company’s equity incentive compensation plans and programs in effect from time to time. These awards shall be granted in the discretion of the Company, on substantially the same Board and shall include such terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the (including performance criteria established by the Compensation Committee or the Board, objectives) as the case may beBoard deems appropriate.

Appears in 5 contracts

Samples: Employment Agreement (Vertis Inc), Employment Agreement (Vertis Inc), Employment Agreement (Vertis Inc)

Long-Term Incentive Compensation. During the Employment Period, the Executive shall be entitled to participate in any equity incentive, performance share, performance unit or other equity based all long-term incentive compensation planplans, program or arrangement (the “Plans”) practices, policies and programs applicable generally made available to senior executive officers other peer executives of the Company, Company on substantially an aggregate basis that is no less favorable than in effect immediately prior to the same terms and conditions as generally apply to such other officers, except that the size commencement of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established by the Compensation Committee or the Board, as the case may beEmployment Period.

Appears in 4 contracts

Samples: Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/)

Long-Term Incentive Compensation. During the Employment PeriodTerm, the Executive shall will be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based receive long-term equity incentive compensation planawards, program or arrangement (the “Plans”) generally made available to senior executive officers of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established determined by the Compensation Committee in its discretion) pursuant to the Tilray Plan or any other equity incentive compensation plans or programs established by the Board, Company and in effect from time to time. These awards shall be granted in the sole discretion of the Compensation Committee and shall include such terms and conditions (including vesting terms and conditions) as the case may beCompensation Committee in its sole discretion deems appropriate.

Appears in 3 contracts

Samples: Employment Agreement (Tilray, Inc.), Employment Agreement (Tilray, Inc.), Employment Agreement (Tilray, Inc.)

Long-Term Incentive Compensation. During the Employment PeriodTerm, the Executive shall be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based receive awards under the long-term incentive compensation planplans, program programs or arrangement (arrangements maintained by the “Plans”) Company at such level and subject to such conditions as the Compensation Committee may determine from time to time in a manner consistent with the Company’s generally made available to senior applicable compensation practices for its executive officers of the Company, on substantially the same terms and conditions as generally apply giving due consideration to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with and contribution to the Company and based on the performance criteria established by the Compensation Committee or the Board, as the case may beCompany.

Appears in 2 contracts

Samples: Employment Agreement (Barnes Group Inc), Employment Agreement (Barnes Group Inc)

Long-Term Incentive Compensation. During the Employment PeriodTerm, Executive will be eligible to be granted equity and/or equity-based awards under the Executive shall be entitled to participate in any equity incentive, performance share, performance unit or other equity based Company’s long-term incentive compensation planplan(s) (as in effect from time to time), program or arrangement (the “Plans”) generally made available to senior executive officers of the Company, in amounts and on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established determined by the Compensation Committee Board (or the Board, as the case may bean authorized committee thereof) in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Alternus Clean Energy, Inc.), Employment Agreement (Alternus Clean Energy, Inc.)

AutoNDA by SimpleDocs

Long-Term Incentive Compensation. During the Employment PeriodTerm, the Executive shall may be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based receive long-term equity incentive compensation planawards, program or arrangement (the “Plans”) generally made available to senior executive officers of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established determined by the Compensation Committee or in its discretion) pursuant to the BoardCompany’s equity incentive compensation plans and programs in effect from time to time, including, without limitation. These awards shall be granted in the discretion of the Board and shall include such terms and conditions (including vesting terms and conditions) as the case may be.Board deems appropriate..

Appears in 1 contract

Samples: Employment Agreement (Tilray, Inc.)

Long-Term Incentive Compensation. During the Employment Period, the Executive shall be entitled eligible to participate in any equity incentiveparticipate, performance share, performance unit or other equity based long-term incentive compensation plan, program or arrangement (the “Plans”) generally made available at a level comparable to senior executive officers similarly situated executives of the Company, on substantially the same terms and conditions in such long-term compensation arrangements as generally apply may be authorized from time to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established time by the Compensation Committee or the Board, as the case may be.

Appears in 1 contract

Samples: Employment Agreement (Delphi Corp)

Long-Term Incentive Compensation. During the Employment PeriodTerm, the Executive shall may be entitled eligible to participate in any equity incentive, performance share, performance unit or other equity based receive long-term equity incentive compensation planawards, program or arrangement (the “Plans”) generally made available to senior executive officers of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established determined by the Compensation Committee or in its discretion) pursuant to the BoardCompany’s equity incentive compensation plans and programs in effect from time to time, including, without limitation. These awards shall be granted in the discretion of the Board and shall include such terms and conditions (including vesting terms and conditions) as the case may beBoard deems appropriate.

Appears in 1 contract

Samples: Employment Agreement (Tilray, Inc.)

Long-Term Incentive Compensation. During The Executive will be eligible to be granted equity and equity-based awards under the Employment Period, the Executive shall be entitled to participate in any equity incentive, performance share, performance unit or other equity based Company’s long-term incentive compensation plan, program or arrangement (the “Plans”) generally made available plans in amounts and on terms consistent with awards granted to senior executive officers other similarly situated employees of the Company, on substantially the same terms and conditions as generally apply to such other officers, except that the size of the awards made to the Executive shall reflect the Executive’s position with the Company and based on the performance criteria established determined by the Compensation Committee or the Board, as the case may beBoard in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Global Net Lease, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!