Common use of Stock Incentive Awards Clause in Contracts

Stock Incentive Awards. Effective as of the Employment Commencement Date, the Executive shall receive an equity award under, and in accordance with the terms and provisions of, the Regis Corporation 2004 Long Term Incentive Plan (“Long Term Plan”) which shall be prorated from the period December 1, 2012 through June 30, 2013 (the “FY2013 Equity Award”) . For the FY2013 Equity Award, the Executive will be awarded equity with a projected total value of $233,000.00 and comprised of the following: (i) twenty percent (20% or approximately $47,000) in an award of restricted stock units vesting ratably over a three (3) year period, (ii) forty percent (40% or approximately $93,000) in a performance share award that xxxx xxxxx vest on the three (3) year anniversary subject to attainment of performance goals during the first twelve months of the Performance Period, as determined by the Committee, and (iii) forty percent (40% or approximately $93,000) in an award of stock appreciation rights vesting ratably over a three (3) year period. To determine the number of shares for each type of award, the projected total value will be multiplied by the applicable percentage, and then, in the case of the restricted stock units and performance shares, divided by the fair market value of a share of the Corporation’s stock on the date of grant and, in the case of the stock appreciation rights, divided by the Black-Scholes value of a share of the Corporation’s stock on the date of grant. The above-described award is subject to the Executive’s execution of applicable award agreements approved by the Committee and terms and conditions of the Long Term Plan. Notwithstanding the foregoing or anything to the contrary in the Long Term Plan, the Special One Time Restricted Stock Awards referred to in Section 4(c) and all awards of time-based equity compensation granted to the Executive during the Employment Period shall provide for full acceleration of vesting of such awards upon a Change in Control (as defined in the Long Term Plan), and all awards of performance-based equity compensation shall provide for full acceleration of vesting at the target level of performance, prorated for the portion of the performance period prior to such Change in Control, upon such a Change in Control.

Stock Incentive Awards. Effective as of the Employment Commencement Date, the Executive shall receive an equity award under, and in accordance with the terms and provisions of, of each of (i) the Regis Corporation 2004 Long Term Incentive Plan (“Long Term Plan”) which shall be prorated from and (ii) the period December 1, 2012 through June Corporation’s equity award agreements with its executive officers for its fiscal 2014 awards granted on August 30, 2013 (the “FY2013 FY2014 Equity Award”) ). For the FY2013 FY2014 Equity Award, the Executive will be awarded equity with a projected total value of $233,000.00 and 250,000 comprised of the following: (i) twenty percent (20% or approximately $47,00050,000) in an award of restricted stock units vesting ratably over a three (3) year period, (ii) forty percent (40% or approximately $93,000100,000) in a performance share award that xxxx xxxxx vest on the three (3) year anniversary subject to attainment of performance goals during the first twelve months of the Performance PeriodCorporation’s 2014 fiscal year, as determined by the Committee, and (iii) forty percent (40% or approximately $93,000100,000) in an award of stock appreciation rights vesting ratably over a three (3) year period. To determine the number of shares for each type of award, the projected total value will be multiplied by the applicable percentage, and then, in the case of the restricted stock units and performance shares, divided by the fair market value of a share of the Corporation’s stock on the date of grant and, in the case of the stock appreciation rights, divided by the Black-Scholes value of a share of the Corporation’s stock on the date of grant. The above-described award is subject to the Executive’s execution of applicable award agreements approved by the Committee and terms and conditions of the Long Term Plan. Notwithstanding the foregoing or anything to the contrary in the Long Term Plan, the Special One Time Restricted Stock Awards referred to in Section 4(c4(d) and all awards of time-based equity compensation granted to the Executive during the Employment Period shall provide for full acceleration of vesting of such awards upon a Change in Control (as defined in the Long Term Plan), and all awards of performance-based equity compensation shall provide for full acceleration of vesting at the target level of performance, prorated for the portion of the performance period prior to such Change in Control, upon such a Change in Control.

Stock Incentive Awards. Effective as of the Employment Commencement Date, the The Executive shall receive an equity award under, and be eligible to participate in the Long Term Plan in accordance with the terms and provisions of, of the Regis Corporation 2004 Long Term Incentive Plan (“Long Term Plan”) which shall as may be prorated in effect from time to time for its senior executive officers. For the period December 1, 2012 through fiscal year ending June 30, 2013 (the “FY2013 Equity Award”) . For the FY2013 Equity Award2013, the Executive will be awarded equity with a projected total value of $233,000.00 2,250,000 and comprised of the following: (i) twenty percent (20% or approximately $47,000%) in an award of restricted stock units vesting ratably over a three (3) year period, (ii) forty percent (40% or approximately $93,000%) in a performance share award that xxxx xxxxx vest on the three (3) year anniversary subject to attainment of performance goals during the first twelve months of the Performance Period, as determined by the Committee, and (iii) forty percent (40% or approximately $93,000%) in an award of stock appreciation rights vesting ratably over a three (3) year period. To determine the number of shares for each type of award, the projected total value will be multiplied by the applicable percentage, and then, in the case of the restricted stock units and performance shares, divided by the fair market value of a share of the Corporation’s stock on the date of grant and, in the case of the stock appreciation rights, divided by the Black-Scholes value of a share of the Corporation’s stock on the date of grant. The above-described award is subject to the Executive’s execution of applicable award agreements approved by the Committee and terms and conditions of the Long Term Plan. Notwithstanding the foregoing or anything to the contrary in the Long Term Plan, the Special One Time Restricted Stock Awards restricted stock and restricted stock unit awards referred to in Section 4(c) and all awards of time-based equity compensation granted to the Executive during the Employment Period shall provide for full acceleration of vesting of such awards upon a Change in Control (as defined in the Long Term Plan), and all awards of performance-based equity compensation shall provide for full acceleration of vesting at the target level of performance, prorated for the portion of the performance period prior to such Change in Control, upon such a Change in Control.

Stock Incentive Awards. Effective as of the Employment Commencement Effective Date, the Executive shall receive an equity award under, and in accordance with the terms and provisions of, of each of (i) the Regis Corporation 2004 Long Term Incentive Plan (“Long Term Plan”) which shall be prorated from and (ii) the period December 1, 2012 through June Corporation’s equity award agreements with its executive officers for its fiscal 2014 awards granted on August 30, 2013 (the “FY2013 FY2014 Equity Award”) ). For the FY2013 FY2014 Equity Award, the Executive will be awarded equity with a projected total value of $233,000.00 and 190,685 comprised of the following: (i) twenty percent (20% or approximately $47,00038,137) in an award of restricted stock units vesting ratably over a three (3) year period, (ii) forty percent (40% or approximately $93,00076,274) in a performance share award that xxxx xxxxx vest on the three (3) year anniversary subject to attainment of performance goals during the first twelve months of the Performance PeriodCorporation’s 2014 fiscal year, as determined by the Committee, and (iii) forty percent (40% or approximately $93,00076,274) in an award of stock appreciation rights vesting ratably over a three (3) year period. To determine the number of shares for each type of award, the projected total value will be multiplied by the applicable percentage, and then, in the case of the restricted stock units and performance shares, divided by the fair market value of a share of the Corporation’s stock on the date of grant and, in the case of the stock appreciation rights, divided by the Black-Scholes value of a share of the Corporation’s stock on the date of grant. The above-described award is subject to the Executive’s execution of applicable award agreements approved by the Committee and terms and conditions of the Long Term Plan. Notwithstanding the foregoing or anything to the contrary in the Long Term Plan, the Special One Time Restricted Stock Awards referred to in Section 4(c4(d) and all awards of time-based equity compensation granted to the Executive during the Employment Period shall provide for full acceleration of vesting of such awards upon a Change in Control (as defined in the Long Term Plan), and all awards of performance-based equity compensation shall provide for full acceleration of vesting at the target level of performance, prorated for the portion of the performance period prior to such Change in Control, upon such a Change in Control.