Common use of Stock or other Equity Plans Clause in Contracts

Stock or other Equity Plans. Upon the consummation of an initial public offering of the stock of the Employer, Executive shall participate in such stock award, stock option or other similar equity plans as shall be determined by Employer's Board of Directors to be fair, appropriate and customary for an employee in the position of Executive, in each case, subject to the provisions thereof.

Appears in 6 contracts

Samples: Employment Agreement (Nm Licensing LLC), Employment Agreement (Nm Licensing LLC), Employment Agreement (Nm Licensing LLC)

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Stock or other Equity Plans. Upon the consummation of an initial public offering of the stock of the EmployerGroup, Executive shall be entitled to participate in such stock award, stock option or other similar equity plans as shall be determined by Employer's Board the board of Directors directors of Group to be fair, appropriate and customary for an employee in the position of Executive, in each case, subject to the provisions thereof.

Appears in 4 contracts

Samples: Employment Agreement (Nextmedia Operating Inc), Employment Agreement (Nextmedia Operating Inc), Employment Agreement (Nm Licensing LLC)

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Stock or other Equity Plans. Upon the consummation of an initial public offering of the stock of the Employer, Executive shall participate in such stock award, stock option or other similar equity plans as shall be determined by Employer's ’s Board of Directors to be fair, appropriate and customary for an employee in the position of Executive, in each case, subject to the provisions thereof.

Appears in 4 contracts

Samples: Employment Agreement (Nextmedia Operating Inc), Employment Agreement (Nextmedia Operating Inc), Employment Agreement (Nextmedia Operating Inc)

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