Long Term Stock Incentive Programs Sample Clauses

Long Term Stock Incentive Programs. The Executive shall be eligible to participate in and to receive stock incentive awards under the 1996 ICP and any successor plan.
Sample 1Sample 2
AutoNDA by SimpleDocs
Long Term Stock Incentive Programs. (a) Executive will receive options to purchase 182,500 shares of Common Stock of the Company, par value $0.01 per share, pursuant to the Amended and Restated 2005 Stock Incentive Plan. Such options shall be exercisable at a purchase price per share equal to the closing price of xXXxX*s Common Stock on the NASDAQ market on the business day prior to the date of this Agreement. The options shall vest in four (4) equal annual installments commencing with the one year anniversary of this Agreement and each of the next three (3) anniversaries of the date of this Agreement thereafter. These options shall expire ten years from the date of grant. (b) Subject to the terms and conditions of the Amended and Restated 2005 Stock Incentive Plan governing eligibility and participation, Executive shall be eligible to participate in and to receive stock incentive awards under the Amended and Restated 2005 Stock Incentive Plan and any successor plan based upon Compensation Committee approval and in accordance with Exhibit 6 attached hereto.
Sample 1
Long Term Stock Incentive Programs. General/Options. Subject to the terms and conditions of the Dragonfly Energy Corp, Inc. 2019 Stock Incentive Plan governing eligibility and participation, Executive shall be eligible to participate in and to receive stock incentive awards under the 2019 Stock Incentive Plan and any successor plan. Executive shall also receive an initial stock option grant of 200,000 stock options at an exercise price equal to the most recent 409A Valuation on the day of the Effective Date. Such stock options shall vest in four equal installments on each of the 1st, 2nd, 3rd and 4th anniversaries of the Effective Date.
Sample 1
Long Term Stock Incentive Programs 
Sample 1Sample 2Sample 3See All (12)

Related to Long Term Stock Incentive Programs

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the General Partner from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the General Partner, the Partnership or any of their Affiliates or from issuing REIT Shares, Capital Shares or New Securities pursuant to any such plans. The General Partner may implement such plans and any actions taken under such plans (such as the grant or exercise of options to acquire REIT Shares, or the issuance of restricted REIT Shares), whether taken with respect to or by an employee or other service provider of the General Partner, the Partnership or its Subsidiaries, in a manner determined by the General Partner, which may be set forth in plan implementation guidelines that the General Partner may establish or amend from time to time. The Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the General Partner, amendments to this Agreement may become necessary or advisable and that any approval or Consent to any such amendments requested by the General Partner shall be deemed granted by the Limited Partners. The Partnership is expressly authorized to issue Partnership Units (i) in accordance with the terms of any such stock incentive plans, or (ii) in an amount equal to the number of REIT Shares, Capital Shares or New Securities issued pursuant to any such stock incentive plans, without any further act, approval or vote of any Partner or any other Persons.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Stock Incentive Plan Executive shall be eligible for awards under the Employer’s Stock Incentive Plan. The type, timing and size of awards will be at the discretion of the Board of Directors.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

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