Other Equity Based Compensation Sample Clauses

Other Equity Based Compensation. The Company plans to establish one or more Restricted Stock Grant plans (the “Restricted Stock Grant Plans”) for Company Directors and Company Officers of the Company and will use its best efforts to establish the effectiveness of such Restricted Stock Grant Plans within 90 days of the Commencement Date (the “Restricted Stock Grant Plan Date”). The Restricted Stock Grant Plans will provide for the grant to Company Directors and Company Officers of the Company, including Employee, grants of restricted stock (the “Restricted Stock Grant”) to acquire shares of the capital stock of the Company in accordance with the terms of the Restricted Stock Grant Plans. The date on which the Company grants the Restricted Stock Grant to Employee will be the grant date (the “Restricted Stock Grant Date”). The strike price for the Restricted Stock Grant shall be the fair market value for the particular class of capital stock of the Company granted to Employee under the Restricted Stock Grant Plans on the Restricted Stock Grant Date. The vesting rights and benefits for each Restricted Stock Grant granted shall vest in the Employee immediately on the Restricted Stock Grant Date; and in addition the restriction on such Restricted Stock Grants shall be lifted twelve (12) months following the Restricted Stock Grant Date; and further the lifting of such restrictions shall be accelerated and immediately lifted for all Restricted Stock Grant shares in the event of a Change of Control, or for early termination without Cause as defined in Sections 7 and 8, or for early termination for Good Reason as defined in Section 10. (i) Employee is an Officer of the Company and shall receive Restricted Stock Grants granted to all Officers of the Company from time to time by the Board, proportionate to Employee’s position as an Officer of the Company.
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Other Equity Based Compensation. In the event that the Company, following the execution of this Agreement, adopts a new compensation plan or program for senior management (the “Compensation Plan”), then Brackpool shall be invited to participate in the Compensation Plan. Brackpool’s participation in the Compensation Plan shall be negotiated between Brackpool and the Company in good faith at a level consistent with that of a member of senior management with comparable duties and responsibilities.
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Other Equity Based Compensation. In the event that the Company, following the execution of this Agreement, adopts a new compensation plan or program for senior management (the “Compensation Plan”), then Shaheen shall be invited to participate in the Compensation Plan. Shaheen’s participation in the Compensation Plan shall be negotiated between Shaheen and the Company in good faith at a level consistent with that of a member of senior management with comparable duties and responsibilities.
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Other Equity Based Compensation. The Company may, in its sole discretion, award Executive additional equity-based compensation. Employee further will be eligible to participate in any employment compensation plan established by the Company under the same terms as other Company executives and at levels recommended by the Chief Executive Officer of the Company and approved by the Board of Directors.
Sample 1
Other Equity Based Compensation. In the event that the Company, following the execution of this Agreement, adopts a new compensation plan or program for senior management (the "Compensation Plan"), then Iselin shall be invited to participate in the Compensation Plan. Iselin's participation in the Compensation Plan shall be negotiated between Iselin and the Company in good faith at a level consistent with that of a member of senior management with comparable duties and responsibilities.
Sample 1

Related to Other Equity Based Compensation

  • Equity-Based Compensation The Executive shall retain all rights to any equity-based compensation awards to the extent set forth in the applicable plan and/or award agreement.

  • Stock Based Compensation Executive will be eligible to participate in the Company's Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under the Company's Stock Incentive Plan or similar plans from time to time in effect. All such grants or awards shall be governed by the governing Plan and shall be evidenced by the Company's then standard form of stock option, restricted stock or other applicable agreement.

  • Performance-Based Compensation During the Period of Employment and assuming Executive remains continuously employed by the Company through the end of the relevant fiscal year, Executive shall also be entitled to participate in an annual performance-based cash bonus program as set forth in Exhibit B.

  • Equity-Based Awards For each calendar year during the Term, the Executive shall be eligible to participate in and receive equity-based awards under the Company’s 2014 Stock Incentive Plan, and any and all successor or replacement plans as may be determined by the Board or the Committee (collectively, “Incentive Plan”).

  • Other Equity Awards Except as set forth in Sections 8(a)(iii) and 8(a)(iv), performance share awards and all other equity awards granted to the Executive by the Company which remain outstanding immediately prior to the date of termination of the Executive’s employment, as provided in Section 7(b), shall vest and be settled in accordance with their terms. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(a) except as set forth in Section 12.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Other Stock-Based Awards The Committee may grant types of equity-based or equity-related Awards not otherwise described by the terms of the Plan (including the grant or offer for sale of unrestricted Shares), in such amounts (subject to Article IV) and subject to such terms and conditions, as the Committee shall determine. Such Other Stock-Based Awards may involve the transfer of actual Shares to Participants, or payment in cash or otherwise of amounts based on the value of Shares and may include Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Nonqualified Deferred Compensation (a) It is intended that any payment or benefit which is provided pursuant to or in connection with this Agreement which is considered to be deferred compensation subject to Section 409A of the Code shall be paid and provided in a manner, and at such time and form, as complies with the applicable requirements of Section 409A of the Code to avoid the unfavorable tax consequences provided therein for non-compliance.

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