Sign-On Equity. Award— When Assured Guaranty Limited issues shares of publicly traded stock, Executive will be granted an award of 120,000 restricted ordinary shares of AGL stock that will vest 25% annually over a four year period with the first quarter vesting starting one year after the date of the award . When AGL issues shares of publicly traded stock, Executive will also be granted an award of an option to purchase at the IPO price 240,000 shares of AGL stock. These shares and options will be subject the terms and conditions that will be set forth in the AGL Long-Term Incentive Plan (“LTIP”). The current projected target share value for the IPO AGL shares is $20. Upon vesting or exercise of stock options, the shares will be registered in the United States with the SEC and appropriate states and will be freely tradable.
Sign-On Equity. So long as the Executive remains employed by the Company through the date of completion of the IPO (the “IPO Date”), then the Executive will be entitled to receive a sign-on equity grant (the “Sign-on Equity Award”) as follows. 85,000 shares under the Sign-on Equity Award will be delivered in the form of stock options and 25,000 shares under the Sign-on Equity Award will be delivered in the form of restricted shares, in each case subject to the terms of the Woodside Homes, Inc. 2014 Equity Incentive Plan and the terms of the applicable award agreements, attached hereto as Exhibit A. The Sign-on Equity Award will be granted on the IPO Date and the per share exercise price of each option to acquire Company stock will be equal to the per share IPO price.
Sign-On Equity. The Executive shall be entitled to receive a one-time sign-on equity grant valued in the amount of $472,500 priced as of the effective date of this Agreement, which will vest in equal installments over three (3) years, subject to the Executive’s continued employment with the Company and subject to the terms and conditions of the Tower Group, Inc. 2004 Long Term Incentive Plan as amended in 2008.
Sign-On Equity. (1) You will be awarded equity-based compensation (the “Sign-On Equity”) in respect of MF Global common shares, par value US$1.00 per share, under the MF Global Ltd. 2007 Long Term Incentive Plan (the “2007 Plan”). The amount of your Sign-On Equity is as in the Schedule.
(2) Except as provided in this Agreement, your Sign-On Equity will be subject to the terms of the 2007 Plan and to the terms of your award agreement under that plan.
Sign-On Equity. On the Effective Date, Executive shall be granted a nonqualified stock option to purchase 125,000 Shares pursuant to the stock option agreement attached hereto as Exhibit A, and 125,000 restricted stock units pursuant to the restricted stock unit agreement attached hereto as Exhibit B.
Sign-On Equity. The Compensation Committee authorized the grant to the Executive, as of the Effective Date, of an option right to purchase 315,657 shares of Common Stock at an option price equal to the closing price of the Common Stock on the Effective Date and 113,688 restricted stock units. These awards will be governed by the terms of the Evidence of Award attached as Exhibit B to this Agreement.
Sign-On Equity. As of the Effective Date of this Agreement, Employee shall be granted an award of 10,000 Restricted Stock Units, all of which shall vest immediately upon Employee’s first day of employment with Haulynx.
Sign-On Equity. In recognition of your prior contributions to Volt, and provided that you remain continuously employed by Volt through each of the dates outlined below, you will receive 30,000 shares of restricted Volt common stock as sign-on equity in accordance with this Agreement. This award will be subject to the terms and conditions customarily applicable to restricted stock awards by Volt. 10,000 shares of such restricted stock will vest on each of June 30, 2013, June 30, 2014 and June 30, 2015, although any remaining unvested shares shall vest immediately in the event that the Company terminates your employment without Cause or you resign for Good Reason.
Sign-On Equity. In accordance with guideline amounts authorized by UnitedHealth Group’s Compensation and Human Resources Committee (“Committee”), management will recommend to the Committee that Executive be granted an equity sign-on award of $2,500,000 in Performance-Based Restricted Stock Units, $1,250,000 of which will be for the 2020-2022 performance period, and $1,250,000 of which will be for the 2021-2023 performance period, in each case subject to the performance vesting criteria and other terms of the respective performance periods. UnitedHealth Group’s governance policy stipulates that the Committee can only grant equity awards at regularly scheduled quarterly committee meetings. Accordingly, Executive’s recommended grant will be reviewed by the Committee at its next regularly scheduled quarterly meeting following the Effective Date. The number of shares granted will be calculated the day of the Committee meeting using the closing price of UnitedHealth Group stock on that date. This award will be subject to the terms of the UnitedHealth Group 2020 Stock Incentive Plan, including certain restrictive covenants.
Sign-On Equity. On or about the Effective Date, the Company shall award the Executive, pursuant to the terms of the Company’s 2004 Long-Term Incentive Compensation Plan (the “2004 LTIP”), that number of restricted stock units (each such unit representing one share of Company common stock (“Share”)) having a fair market value equal to $705,000, based on the Fair Market Value (as defined in the 2004 LTIP) of a Share on the date of grant. The restricted stock units will vest in accordance with the form of award agreement under the 2004 LTIP that has been provided to you, and will otherwise be governed by the provisions of the 2004 LTIP, provided that such shares will vest if Executive’s employment is terminated by the Company for any reason or by the Executive for Good Reason. For purposes of this Paragraph 3.2(b)(i) only, “Good Reason” shall also include a reduction in the percentage of value of equity awards granted to the Executive under the 2004 LTIP for 2008 and 2009 such that restricted stock (or restricted stock units) consists of less than 50% of the total value of the annual equity award.
