Common use of Long-Term Incentive Grants Clause in Contracts

Long-Term Incentive Grants. The Company shall provide to Executive, on an annual basis during the Employment Period, the opportunity to receive a long-term incentive award in such amount and pursuant to such terms as may be determined in the sole discretion of the Board, delivered through vehicles and designs that are generally consistent with those awarded to the Company’s other senior executive officers in each year.

Appears in 2 contracts

Samples: Employment Agreement (National CineMedia, LLC), Employment Agreement (National CineMedia, LLC)

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Long-Term Incentive Grants. The Company shall provide to Executive, on an annual basis during Executive will be eligible for awards under the Employment Period, the opportunity to receive a long-long term incentive award in such amount program to the same extent and pursuant to such on the same terms as may be determined in the sole discretion of the Board, delivered through vehicles and designs that those awards are generally consistent with those awarded provided by the Company from time to time to the Company’s other senior executive officers officers, as determined by the Compensation Committee of the Board; provided, however, that the eligibility for and amount of such awards shall be adjusted in each yeara manner commensurate with the Executive’s position.

Appears in 2 contracts

Samples: Employment Agreement (Sparton Corp), Employment Agreement (Sparton Corp)

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