Common use of Restricted Stock and Options and other Equity Compensation Clause in Contracts

Restricted Stock and Options and other Equity Compensation. Upon completion of the transactions contemplated by the Contribution Agreement, the Executive will be granted stock options and restricted stock in the amounts and subject to the terms described on Appendix A to this Agreement. The Executive also shall participate in any annual or special equity compensation or long-term compensation plans and programs made available to the senior executive officers of the Company.

Appears in 3 contracts

Samples: Agreement and Release (Independence Contract Drilling, Inc.), Agreement and Release (Independence Contract Drilling, Inc.), Agreement and Release (Independence Contract Drilling, Inc.)

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Restricted Stock and Options and other Equity Compensation. Upon completion Contemporaneously with the execution of the transactions contemplated by the Contribution Agreement, this Agreement the Executive will be granted stock options and restricted stock in the amounts and subject to the terms described on Appendix A to this Agreement. The Executive also shall participate in any annual or special equity compensation or long-term compensation plans and programs made available to the senior executive officers of the Company.

Appears in 1 contract

Samples: Agreement and Release (Independence Contract Drilling, Inc.)

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