Common use of Long Term Performance Award Clause in Contracts

Long Term Performance Award. The Executive shall be eligible to receive an annual award of RSUs valued up to $1,649,000 pursuant to the Company’s Long Term Performance Award (“LTPA”) Program. RSU’s granted under the LTPA Program are eligible to vest based on the Company’s achievements relative to accelerated performance targets set by the Board (or a compensation committee thereof) for a specific performance period. 4.

Appears in 1 contract

Samples: Employment Agreement (Lovesac Co)

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Long Term Performance Award. The Executive shall be eligible to receive an annual award of RSUs valued up to $1,649,000 419,000 pursuant to the Company’s Long Term Performance Award (“LTPA”) Program. RSU’s granted under the LTPA Program are eligible to vest based on the Company’s achievements relative to accelerated performance targets set by the Board (or a compensation committee thereof) for a specific performance period. 4.

Appears in 1 contract

Samples: Employment Agreement (Lovesac Co)

Long Term Performance Award. The Executive shall be eligible to receive an a discretionary annual award of RSUs valued up to $1,649,000 pursuant to the Company’s Long Term Performance Award (“LTPA”) Program. RSU’s granted under the LTPA Program are eligible to vest based on the Company’s achievements relative to accelerated performance targets set by the Board (or a compensation committee thereof) for a specific performance period. 4.

Appears in 1 contract

Samples: Employment Agreement (Lovesac Co)

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Long Term Performance Award. The Executive shall be eligible to receive an a discretionary annual award of RSUs valued up to $1,649,000 pursuant to the Company’s Long Term Performance Award (“LTPA”) Program. RSU’s granted under the LTPA Program are eligible to vest based on the Company’s achievements relative to accelerated performance targets set by the Board (or a compensation committee thereof) for a specific performance period. 4.

Appears in 1 contract

Samples: Employment Agreement (Lovesac Co)

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