Common use of Number and Terms of NSOs, Restricted Shares or Stock Units Clause in Contracts

Number and Terms of NSOs, Restricted Shares or Stock Units. The number of NSOs, Restricted Shares or Stock Units to be granted to Outside Directors in lieu of annual retainers and meeting fees that would otherwise be paid in cash shall be calculated in a manner determined by the Board. The terms of such NSOs, Restricted Shares or Stock Units shall also be determined by the Board.

Appears in 9 contracts

Samples: Omnibus Long Term Incentive Plan (Cal-Maine Foods Inc), Equity Incentive Plan (Alimera Sciences Inc), Equity Incentive Plan (Alimera Sciences Inc)

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Number and Terms of NSOs, Restricted Shares or Stock Units. The number of NSOs, Restricted Shares or Stock Units to be granted to Outside Directors in lieu of annual retainers and meeting fees that would otherwise be paid in cash shall be calculated in a manner determined by the Board. The Board shall also determine the terms of such NSOs, Restricted Shares or Stock Units shall also be determined by the BoardUnits.

Appears in 1 contract

Samples: 2007 Equity Incentive Plan (GlassHouse Technologies Inc)

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