Outperformance Award. On the Effective Date, the Company shall grant to the Executive a performance incentive award entitling the Executive to 35% of the “Total Outperformance Pool,” as such term is defined in the Outperformance Award Agreement attached as Exhibit C hereto, subject to the terms and conditions of such award agreement.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Morgans Hotel Group Co.), Plan Award Agreement (Morgans Hotel Group Co.), Employment Agreement (Morgans Hotel Group Co.)
Outperformance Award. On the Effective Date, the Company shall grant to the Executive a performance incentive award entitling the Executive to 3510% of the “Total Outperformance Pool,” as such term is defined in the Outperformance Award Agreement attached as Exhibit C B hereto, subject to the terms and conditions of such award agreement.
Appears in 2 contracts
Samples: Employment Agreement (Morgans Hotel Group Co.), Employment Agreement (Morgans Hotel Group Co.)