Share Incentives Sample Clauses

Share Incentives. On termination of the Employment, the Executive’s rights with respect to Share Incentives granted to the Executive during the Employment shall be governed by the terms of the LivaNova Plc 2015 Incentive Award Plan and the underlying award agreement for each such Share Incentive.
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Share Incentives. The Executive shall be eligible to be considered for the grant of options or other rights over AMEC ordinary shares from time to time under the terms of any relevant share-based incentive plan of the Company or rights under other AMEC long term incentive plans from time to time. The timing, size and conditions of any award to the Executive thereunder shall be in the discretion of the Remuneration Committee of the Board. Any such awards shall be governed exclusively by the rules of the relevant plan, and shall constitute a separate contract from this Agreement, and neither the fact of such award or the rules of any such plans shall be interpreted as giving the Executive any right or claim to be retained in the Company’s employment.
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Share Incentives. 6.1 The Compensation Committee has determined that, in accordance with their power under the applicable award agreements: (a) the Executive’s RSUs subject to time-based vesting which were granted pursuant to an award agreement dated 18 November 2015 shall continue to vest up to and including 18 November 2017, whereupon vesting will cease and any unvested RSUs will lapse;
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Share Incentives. HUMBL will issue shares of its common stock to AFL in accordance with the following schedule so long as this Agreement remains in effect as of each applicable issuance date: (a) 15,000,000 upon completion of the 2024 AFL football season; (b) 15,000,000 shares upon completion of the 2025 AFL football season; and (c) 15,000,000 shares upon completion of the 2026 AFL football season. If AFL sells more than $30,000,000 in tickets under this Agreement during the 2024 AFL football season, then HUMBL will issue 15,000,000 shares of its common stock to AFL. HUMBL also agrees to pay the following stock compensation to AFL based on the number of new customers that download the HUMBL Wallet and purchase an AFL ticket during calendar year 2024: (x) 10,000,000 shares of HUMBL common stock for at least 250,000 but less than 500,000 HUMBL Wallet downloads; (y) 15,000,000 shares of HUMBL common stock for at least 500,000 but less than 1,000,000 HUMBL Wallet downloads; or (z) 25,000,000 shares of HUMBL common stock for 1,000,000 or more HUMBL Wallet downloads. The share numbers in this Section will automatically be adjusted in the event of a reverse split or other similar event.
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Share Incentives. 19.1 The transfer of the UK Employees to the Buyer will be a Relevant Transfer. Certain of the UK Employees hold awards under the Share Plans. In respect of these UK Employees, and other Employees who hold awards under the Share Plans and whose employment with the Sellers will be terminated in connection with Completion, the Sellers confirm that the awards under the Share Plans will be treated as follows: 19.1.1 all unvested awards/options under the LTIP and the SOPs will lapse; 19.1.2 there is one vested option under the LTIP, which has not yet been exercised, and this option will continue to subsist until its original lapse date of 27 March 2022; 19.1.3 Employees who participate in the SIP will be treated as good leavers. The result is that their partnership Shares and matching Shares under the SIP will be removed from the SIP trust and transferred to them, and the UK tax advantages available to the SIP participants should remain available in respect of those transferred Shares; and 19.1.4 Employees who participate in the ISIP are expected to be treated as good leavers. The result is that their employee Shares and their matching Shares under the ISIP will be removed from the ISIP and transferred to them. 19.2 The Buyer shall review its incentive arrangements and shall, having regard to the nature of incentive arrangements offered to employees of the Buyer’s Group generally, in good faith and wherever practical and appropriate, ensure Employees who participated (or were given the opportunity to participate) in the Share Plans prior to Completion have the opportunity to participate in incentive arrangements operated by the Buyer’s Group which are broadly comparable in terms of quantum of opportunity to the incentive arrangements offered to employees of the Buyer’s Group generally.
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Share Incentives. Other than the share awards set out in the Disclosure Letter, no Employees hold outstanding options or awards related or linked to Shares or to the shares of any member of the Sellers' Group.
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Related to Share Incentives

  • Performance Incentives As a bonus, to supplement Assistant Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Assistant Coach knew or should have known. Assistant Coach must also complete the _________ [insert sport] season as an Assistant [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Assistant Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • Performance Incentive 4.10.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Annual Equity Awards Following the first anniversary of the Effective Date, Executive will be granted annual equity awards in an amount determined by the Board. Such awards may be in the form of options, restricted stock units, performance shares, or any other form as approved by the Board.

  • Equity Incentives To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms thereof.

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

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