Common use of MIP Grants Clause in Contracts

MIP Grants. Executive shall be eligible to participate in the Company’s management incentive plan (“MIP”) in accordance with the terms thereof and as determined by the Board.

Appears in 8 contracts

Samples: Employment Agreement (Vanguard Natural Resources, Inc.), Employment Agreement (Vanguard Natural Resources, Inc.), Employment Agreement (Vanguard Natural Resources, Inc.)

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MIP Grants. Executive shall be eligible to participate in the Company’s management incentive plan (“MIP”) ), if any, in accordance with the terms thereof and as determined by the Board.

Appears in 3 contracts

Samples: Employment Agreement (Grizzly Energy, LLC), Employment Agreement (Grizzly Energy, LLC), Employment Agreement (Grizzly Energy, LLC)

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MIP Grants. Executive shall be eligible to participate in the Company’s management incentive plan (“MIP”) in accordance with the terms thereof and as determined by the Board; provided that, for calendar year 2018, the Company intends to award Executive an initial grant under the MIP of 20,000 shares.

Appears in 1 contract

Samples: Employment Agreement (Vanguard Natural Resources, Inc.)

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