Common use of Non-Employee Director Awards Clause in Contracts

Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of $500,000 in a single calendar year.

Appears in 10 contracts

Samples: Equity Incentive Plan (Icad Inc), Equity Incentive Plan (Icad Inc), Omnibus Equity Incentive Plan (Vislink Technologies, Inc.)

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Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of $US$500,000 in a single calendar year.

Appears in 3 contracts

Samples: Equity Incentive Plan (Bit Digital, Inc), 2021 Omnibus Equity Incentive Plan (Bit Digital, Inc), 2018 Omnibus Equity Incentive Plan (Indonesia Energy Corp LTD)

Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of five hundred thousand dollars ($500,000 500,000) in a single calendar year.

Appears in 2 contracts

Samples: 2019 Omnibus Equity Incentive Plan (Immunic, Inc.), 2019 Omnibus Equity Incentive Plan (Immunic, Inc.)

Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of $500,000 1,000,000 in a single calendar year.

Appears in 1 contract

Samples: Merger Agreement (Big Cypress Acquisition Corp.)

Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of [$500,000 500,000] in a single calendar year.

Appears in 1 contract

Samples: Merger Agreement (CSLM Acquisition Corp.)

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Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to Shares that have a Fair Market Value (determined as of the date of grant) in excess of $500,000 in a single calendar year.

Appears in 1 contract

Samples: 2018 Omnibus Incentive Compensation Plan (Clever Leaves Holdings Inc.)

Non-Employee Director Awards. Subject to the terms of the Plan, the Board may grant Awards to any Non-Employee Director, in such amount and upon such terms and at any time and from time to time as shall be determined by the full Board in its sole discretion. Except as otherwise provided in Section 5.6(b), a Non-Employee Director may not be granted Awards with respect to more than 400,000 Shares that have a Fair Market Value (determined as of the date of grant) in excess of $500,000 in a single calendar year, subject to adjustment as provided in Section 4.2(a).

Appears in 1 contract

Samples: 2012 Omnibus Incentive Compensation Plan (Amber Road, Inc.)

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