Common use of Stock Options and Other Incentives Clause in Contracts

Stock Options and Other Incentives. The benefits provided for in this Article 3 are in addition to the value or benefit of any stock options, restricted stock, performance shares or similar awards, the exercisability, vesting or payment of which is accelerated or otherwise enhanced pursuant to the terms of any stock incentive plan or agreement heretofore or hereafter adopted by the Company upon a termination of Executive’s employment.

Appears in 8 contracts

Samples: Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.)

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Stock Options and Other Incentives. The benefits provided for in this Article 3 4 are in addition to the value or benefit of any stock options, restricted stock, performance shares or similar awards, the exercisability, vesting or payment of which is accelerated or otherwise enhanced pursuant to the terms of any stock incentive plan or agreement heretofore or hereafter adopted by the Company upon a termination of Executive’s employment.

Appears in 8 contracts

Samples: Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.)

Stock Options and Other Incentives. The foregoing benefits provided for in this Article 3 III are intended to be in addition to the value or benefit of any stock options, restricted stock, restricted stock units, performance shares or similar awards, the exercisability, vesting or payment of which is accelerated or otherwise enhanced upon a Change of Control pursuant to the terms of any stock option, incentive or other similar plan or agreement heretofore or hereafter adopted by the Company upon a termination of Executive’s employmentor the Post-Transaction Company.

Appears in 5 contracts

Samples: Change of Control Agreement (Lumen Technologies, Inc.), Change of Control Agreement (Lumen Technologies, Inc.), Change of Control Agreement (Centurylink, Inc)

Stock Options and Other Incentives. The benefits provided for in this Article 3 are in addition to the value or benefit of any stock options, restricted stock, performance shares or similar awards, the exercisability, vesting or payment of which is accelerated or otherwise enhanced pursuant to the terms of any stock incentive plan or agreement heretofore or hereafter adopted by any member of the Company Group upon a termination of Executive’s employment.

Appears in 1 contract

Samples: Severance and Change of Control Agreement (Pacific Drilling S.A.)

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Stock Options and Other Incentives. The benefits provided for in this Article 3 4 are in addition to the value or benefit of any stock options, restricted stock, performance shares or similar awards, the exercisability, vesting or payment of which is accelerated or otherwise enhanced pursuant to the terms of any stock incentive plan or agreement heretofore or hereafter adopted by any member of the Company Group upon a termination of Executive’s employment.

Appears in 1 contract

Samples: Severance and Change of Control Agreement (Pacific Drilling S.A.)

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