Shareholder Value Plan Sample Clauses

Shareholder Value Plan. With respect to Executive's participation in the Company's Shareholder Value Plan, the Award Periods in connection with all of Executive's outstanding SVU Grants shall be accelerated such that each Award Period is deemed to have ended upon the Termination Date. At such time, the Company shall pay Executive an amount equal to the SVU Value multiplied by the number of Executive's outstanding SVU Grants. The SVU Value shall be reduced by 66% for all SVU Grants which were granted less than twelve months prior to the Termination Date and the SVU Value shall be reduced by 33% for all SVU Grants which were granted less than twenty-four months but more than twelve months prior to the Termination Date. No adjustments shall be made to the SVU Value for SVU Grants which were granted more than twenty-four months prior to the Termination Date. All payments made to Executive after the Termination Date in connection with outstanding SVU Grants shall be made solely in cash.
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Shareholder Value Plan. The term “Shareholder Value Plan” for purposes of this Agreement shall mean the Post Properties, Inc. 2002 Shareholder Value Plan, as amended, and any successor to such plan.
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Shareholder Value Plan. Upon the occurrence of a Change in Control (as defined in Section 6 below), (i) the Company’s Shareholder Value Plan (“SVP”), which is a subplan of the PSS World Medical, Inc. 1999 Long-Term Incentive Plan, may not, without Executive’s consent, thereafter be amended in any respect that is adverse to Executive except as necessary to comply with applicable laws, (ii) Executive’s “Award Factor” under the SVP shall immediately be converted to 90%, and (iii) Executive shall be entitled to the prorata Change in Control benefits described in Section 5.8 of the SVP as the SVP exists on the Effective Date (or as may thereafter be amended but only if such subsequent amendment to the SVP provides a greater benefit to Executive).
Sample 1
Shareholder Value Plan. Pomexxxxx xxxll receive all amounts payable under Gaylord's Shareholder Value Plan. If a Change in Control occurs during the measurement 2 period for the "end of year share value" for calendar year 2000 (as defined by the Shareholder Value Plan), any payments due under the Shareholder Value Plan for calendar year 2000 shall be deemed compensation for calendar year 2000, whether actually paid in calendar year 2000 or subsequently, for purposes of calculating Pomexxxxx'x xxxp sum supplemental retirement payments under Section 2.04 of the Agreement.
Sample 1
Shareholder Value Plan. During the term of this Agreement (subject to earlier termination pursuant to Article 3 hereof and the Shareholder Value Plan), Pomexxxxx xxxll be entitled to participate in the Shareholder Value Plan, as currently in effect through December 31, 1997 and as amended and restated effective January 1, 1998, as outlined in Exhibit A to this Agreement.
Sample 1

Related to Shareholder Value Plan

  • Dividend Reinvestment Plan, Cash Option Purchase Plan, Stock Incentive Plan or Other Plan Except as may otherwise be provided in this Article III, all amounts received or deemed received by the Corporation in respect of any dividend reinvestment plan, cash option purchase plan, stock incentive or other stock or subscription plan or agreement, either (a) shall be utilized by the Corporation to effect open market purchases of shares of Class A Common Stock, or (b) if the Corporation elects instead to issue new shares of Class A Common Stock with respect to such amounts, shall be contributed by the Corporation to the Company in exchange for additional Common Units. Upon such contribution, the Company will issue to the Corporation a number of Common Units equal to the number of new shares of Class A Common Stock so issued.

  • Company Stock Option Plans Simultaneously with the execution of this Agreement, the Board of Directors of the Company (or, if appropriate, any committee administering the Company Stock Option Plans) shall adopt such resolutions or take such other actions as are required to effect the transactions contemplated by Section 2.10 in respect of all outstanding Options and thereafter the Board of Directors of the Company (or any such committee) shall adopt any such additional resolutions and take such additional actions as are required in furtherance of the foregoing.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Share Option Plans Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law. No share option granted under the Company’s share option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, share options prior to, or otherwise knowingly coordinate the grant of share options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Stock Option Plans Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Employee Stock Option Plan Employee shall be entitled to participate in the Employee Stock Option Plan of the Company once approved by the Board of Directors.

  • Stock Incentive Plan Executive shall be eligible for awards under the Employer’s Stock Incentive Plan. The type, timing and size of awards will be at the discretion of the Board of Directors.

  • Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the General Partner from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the General Partner, the Partnership or any of their Affiliates or from issuing REIT Shares, Capital Shares or New Securities pursuant to any such plans. The General Partner may implement such plans and any actions taken under such plans (such as the grant or exercise of options to acquire REIT Shares, or the issuance of restricted REIT Shares), whether taken with respect to or by an employee or other service provider of the General Partner, the Partnership or its Subsidiaries, in a manner determined by the General Partner, which may be set forth in plan implementation guidelines that the General Partner may establish or amend from time to time. The Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the General Partner, amendments to this Agreement may become necessary or advisable and that any approval or Consent to any such amendments requested by the General Partner shall be deemed granted by the Limited Partners. The Partnership is expressly authorized to issue Partnership Units (i) in accordance with the terms of any such stock incentive plans, or (ii) in an amount equal to the number of REIT Shares, Capital Shares or New Securities issued pursuant to any such stock incentive plans, without any further act, approval or vote of any Partner or any other Persons.

  • Stock Option Plans, Etc Accelerate, amend or change the period of exercisability or vesting of options or other rights granted under its stock plans or authorize cash payments in exchange for any options or other rights granted under any of such plans;

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

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